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Property profile & analytics
OFF-MARKET Estimated value $1,760,000
Turn key restaurants

4515 Florida Ave Lakeland, FL 33813-2121

6,260 SF 0.81 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-7449495
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 6,260 SF
Lot 0.81 ac (35,149 SF)
Zoning code C-2
APN 232901000000022250
UPID US18-7449495
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
Current use
Occupant on record · Public records
  • Tsunami’s Teriyaki Grill Restaurant
  • Big Deal Burger Restaurant Take-out & Catering
  • Dickey's Barbecue Pit Restaurant
  • WingHouse Bar & Grill Bar & Pub Restaurant
  • GTI Air Conditioning - AC & HVAC Repair & Replacement Company - Maintenance Services Heating & Cooling Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.71M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.76M
Owner & transaction history
4515 Florida Adventures LLC · 1 yrs held
4515 Florida Adventures LLC
since 2025
Last sale
$1.8M
4 recorded transactions
2025
$1.8M
2017
$1.9M
2014
$1.1M
1969
Price N/A
Zoning & alternative use
C-2 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Commercial
General category COMMERCIAL
Zone area 1,122.02 ac
Source Realmo
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