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Property profile & analytics
OFF-MARKET Estimated value $615,000
Strip malls

801 Palmetto St Lakeland, FL 33801-5528

6,480 SF 0.19 ac lot Built 1925
Trust Owned 27-yr Hold Absentee Owner Free & Clear
Property ID
US18-1015975
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1925
Total area 6,480 SF
Lot 0.19 ac (8,394 SF)
Zoning code O-1
APN 242819229000001011
UPID US18-1015975
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$615k
Owner & transaction history
Pipkin Trust · 27 yrs held
Pipkin Trust
since 1999
2 recorded transactions
1999
$170,000
1969
Price N/A
Zoning & alternative use
O-1 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

) are permitted by right in the RB zoning districts and are Conditional Uses in the MF and O-1 zoning districts. Conditional Uses require Concept Plan review by the Development Review Committee (for more information click here .) Once Concept Plan is done, you will have to apply for a Conditional Use Permit (CUP), which requires a public hearing before the P…

Zone name Office
General category UNKNOWN
Zone area 392.11 ac
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