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Property profile & analytics

4515 Florida Ave Lakeland, FL 33813-2121

  • Turn key restaurants
  • 6,260 SF
  • 0.81 lot acres
OFF-MARKET
Value Estimation
$1,720,000
Last Sale
May 08, 2025
$1,825,000
Location Intelligence
Property ID
US18-7449495
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tsunami’s Teriyaki Grill / Restaurant
  • Big Deal Burger / Fast Food Restaurant / Delivery Service
  • Dickey's Barbecue Pit / Delivery Service / Takeout Restaurant
  • WingHouse Bar & Grill / American Restaurant / Hamburger Restaurant
  • GTI Air Conditioning - AC & HVAC Repair & Replacement Company - Maintenance Services Heating & Cooling / Air Conditioning Contractor / Air Conditioning Repair Service

Property Details for 4515 Florida Ave

Year built
1985
Lot size
0.81 lot acres
Property size
6,260 SF
Zone code
C-2
Property type
Turn key restaurants
APN
232901000000022250
APU
232901000000022250

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,685,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,920,000
    6.5%
    $1,895,000
    7%
    $1,855,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,720,000
    Geo Method
    $2,075,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,775,000
    Retail
    $1,500,000
    Mixed-Use
    $1,905,000
    Hospitality
    $1,805,000
    Educational
    $1,490,000
    Residential Income
    $1,640,000
    Energy
    $2,010,000
    Income-Based Land
    $1,715,000
    Food Service
    $1,595,000

Location Insight

  • Map
  • Local Demand
City
Lakeland
County
Polk
State
Florida
Longitude
-81.9574
Latitude
27.9833
CBSA code
29460
CBSA name
LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,850
$325,119
$654,228
$979,347
-
$325,119
$654,228
$979,347
More about this property
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