5383 Florida Ave Lakeland, FL 33813-4912
This exceptional retail investment opportunity presents a 6,380 square foot Citgo gas station situated on a 0.92-acre lot at 5383 S Florida Avenue in Lakeland, Florida. The property enjoys a highly desirable location at the northwest corner of Highway 37 South (South Florida Avenue) and School House Road, offering unparalleled visibility and accessibility. Currently operating under a short-term lease, this property presents a unique chance for investors seeking a strong return. Its strategic placement directly across from a Wawa convenience store ensures consistent high traffic flow and customer exposure. The substantial lot size provides ample space for potential expansion or redevelopment, catering to a variety of future commercial uses. The property's prime location and existing infrastructure make it an attractive proposition for savvy investors looking to capitalize on a thriving retail market. The asking price is $1,600,000. Please note that direct communication with the current tenant is strictly prohibited. All inquiries should be directed through the appropriate channels. This is a rare opportunity to acquire a well-positioned retail property in a rapidly growing area.
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
Costs & 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.