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Property profile & analytics
OFF-MARKET
Office buildings

801 Florida Ave Lakeland, FL 33801-1705

2,640 SF 0.31 ac lot Built 1954
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US18-5503040
Property summary
AI-generated overview

Waller Plaza, located at 801 Florida Ave S in Lakeland, FL (33801), offers 19,210 square feet of versatile commercial space. This single-story, Class B building, constructed in 1962 and renovated in 2005, sits on a 1.64-acre lot and features multiple tenancy options. The property boasts 85 parking spaces and is zoned Commercial C-2, providing excellent visibility and accessibility. Suite 4, a 2,078 square foot space, includes private offices, a conference room, reception area, breakroom, restrooms, and storage. The building offers high ceilings and prominent signage opportunities, including monument signage. Its location provides high traffic counts (23,500 AADT) and proximity to downtown Lakeland, Polk Parkway, US-98, Florida Southern College, and Lake Hollingsworth. Nearby amenities include restaurants, coffee shops, and a post office. This property presents a unique opportunity in a thriving Lakeland submarket within the Lakeland MSA. The APN is 24-28-23-120000-006010, 24-28-23-120000-006020. The property is suitable for various office uses, including medical, traditional, executive, and creative office spaces, as well as storefront retail.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Total area 2,640 SF
Lot 0.31 ac (13,499 SF)
Zoning code C-2
APN 242818203000017010
UPID US18-5503040
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
  • Teachers' Exchange (Bike/Boat/Book/etc) Store
  • Grateful Head Hair Studio Hair Salon
  • Equity Title LLC Title Company
  • Hardcore Haircraft Hair Salon
  • SD BEAUTY STUDIO Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
VETS SURPLUS INC · 2 yrs held
VETS SURPLUS INC
since 2024
Last sale
$2.0M
1 recorded transaction
2024
$2.0M
Zoning & alternative use
C-2 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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