Property profile

5354 Us Hwy 98th N Lakeland, FL 33809

OFF-MARKET
Strip malls
Property ID
US18-3635971
4,516 SF 0.96 ac lot Built 1991
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1991
Total area 4,516 SF
Lot 0.96 ac (41,748 SF)
Zoning code C-3
APN 232726010000001901
UPID US18-3635971

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Property Management Company Apartment Rental Agency
  • Real Estate Agency
  • Real Estate Agency

Location

5354 Us Hwy 98th N Lakeland, FL 33809-0517
Lakeland metro Census 12127 LAKELAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.06M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.98M

Owner & transaction history

since 2022
Last sale
$1.7M
2 recorded transactions
2022
Price N/A
2021
$1.7M

Zoning & alternative use

C-3 · Lakeland, FL
General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.2M +41.0%
Auto repair, garage $1.1M +35.0%
Medical building $1.1M +34.0%

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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