4515 Florida Ave Lakeland, FL 33813-2121
This exceptional 6,212 square foot vacant restaurant building, constructed in 1985, sits on a 0.81-acre lot in Lakeland, Florida (33813), at 4515 Florida Ave S. The property enjoys a highly desirable location along a major thoroughfare boasting over 42,000 vehicles per day. Its strategic outparcel position within Alamo Plaza benefits from significant foot traffic, with the plaza itself recording over 523,300 visits in the past year. The site's proximity to Lakeland Regional Health, a major Florida hospital system and Polk County's second-largest private employer (7,000+ employees and 700+ medical staff), ensures a substantial and consistent customer base. This prime location is also part of a thriving retail and entertainment area, with over 4.9 million square feet of retail inventory within a three-mile radius. Nearby shopping centers, including Shoppes at Lake Miriam Crossing, Palm Center, and Miriam Square, collectively draw over 5 million visitors annually. Further enhancing its appeal, the property is conveniently located near Lakeland Linder International Airport, a significant economic driver contributing over $1.5 billion annually and supporting approximately 3,000 jobs. The surrounding area also features a dense residential population and numerous schools, with 25,926 households and 11 K-12 schools (7,878 students) within a three-mile radius. This presents a unique opportunity for a restaurant operator to establish a thriving business in a high-traffic, high-visibility location with strong demographics.
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Dickey's Barbecue Pit Restaurant
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WingHouse Bar & Grill Bar & Pub Restaurant
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GTI Air Conditioning - AC & HVAC Repair & Replacement Company - Maintenance Services Heating & Cooling Hardware & Home Improvement HVAC Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Lakeland, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.