Property profile

5119 Knights Sta Rd Lakeland, FL 33810

OFF-MARKET
Manufacturing properties
Property ID
US18-2462659
3,500 SF 14.02 ac lot Built 2009
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14.02± acre property in Lakeland, Florida, presents a unique investment opportunity. Currently operating as an active nursery, it boasts significant existing improvements, including a substantial 3,500 square foot metal building (50' x 70') featuring two 14' roll-up doors, 220-amp power, and complete plumbing. The building sits on a 6-inch concrete slab with a clear height of 15.9 feet. Additional structures include a 25' x 55' metal storage building, a 75' x 60' aluminum canopy (also on a 6-inch slab) with a 14' clear height and 15.9' peak height, and two expansive uncovered 6-inch concrete slabs measuring 115' x 260' and 115' x 75'. The property is fully fenced with an electric gate, ensuring security. Water resources are abundant with a 10-inch well equipped with a 100HP John Deere diesel pump and a 4-inch well featuring a 5HP submersible pump. Overhead irrigation is in place, supported by an approved water use permit (20636.001), with an average daily water usage of 9,600 gallons and a peak usage of 22,400 gallons. Conveniently located just four miles from the I-4 on-ramp and five miles from US Highway 98, this property offers easy access to major transportation arteries. The property also enjoys 150± feet of road frontage on Knights Station Road, providing direct access to Highway 301 and Tampa, bypassing heavier traffic routes. The Polk County property (APN: 23-28-06-000000-031030) is zoned A/RR and has a 2022 property tax assessment of $3,681.50. The soil type is predominantly Zolfo and Pomona fine sands. This versatile property is ideally suited for continued agricultural use or a variety of other potential developments.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2009
Total area 3,500 SF
Lot 14.02 ac (610,537 SF)
APN 232806000000031030
UPID US18-2462659

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5119 Knights Sta Rd Lakeland, FL 33810-5403
Lakeland metro Census 12124 LAKELAND, FL METROPOLITAN STATISTICAL AREA
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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
$490k

Owner & transaction history

since 2026
7 recorded transactions
2026
$725,000
2022
Price N/A
2016
$190,000
2012
$288,500
2003
$160,500
2000
$100,000
2000
$25,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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