801 Florida Ave Lakeland, FL 33801-1705
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.
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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
C-2 · Lakeland, FLLakeland. Always verify with local authorities before improvements.
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.