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Property profile & analytics
FOR SALE
Commercial real estate

429 W Myrtle St Lakeland, FL 33815

0.09 ac lot
Property ID
US18-2966972
Property summary
AI-generated overview

This 0.09-acre commercial land parcel, located at 429 W Myrtle St in Lakeland, Florida (zip code 33815), presents a unique investment opportunity. The property, with APN 23-28-13-062500-00502, is zoned RA-4 and boasts excellent visibility and accessibility from US 92 and George Jenkins Blvd. Situated on a 50x80 foot lot (3920 square feet), this land benefits from its location at the intersection of George Jenkins Blvd and Martin Luther King Jr. Ave (SR 563/US 92), experiencing high daily traffic counts exceeding 30,000 vehicles. The property's location within an Opportunity Zone offers potential for rezoning, particularly when considering combined development with adjacent underdeveloped parcels. All information should be independently verified with the appropriate authorities. Asking price is $110,000. This property is ideal for investors seeking high-traffic exposure and potential for future development in a thriving Lakeland location.

Property profile
Verified
Property type Commercial real estate
Lot 0.09 ac (3,920 SF)
APN 23-28-13-062500-00502
UPID US18-2966972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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