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    Property profile & analytics

    802 Massachusetts Ave Lakeland, FL 33801-1748

    • Bars
    • 2,868 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US18-3431647
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Smokin Chanchos / Spanish Restaurant
    • The Aquarian Market / Night Market
    • The Yard On Mass / Bar
    • Oranges murals / Art Gallery

    Property Details for 802 Massachusetts Ave

    Year built
    2019
    Lot size
    0.56 lot acres
    Property size
    2,868 SF
    Zone code
    C-2
    Property type
    Bars
    Property subtype
    Pubs
    APN
    242818203000019022
    APU
    242818203000019022

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $360,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $440,000
      Mixed-Use
      $345,000
      Hospitality
      $325,000
      Educational
      $360,000
      Residential Income
      $410,000
      Energy
      $340,000
      Income-Based Land
      $345,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9545
    Latitude
    28.0514
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,224
    $109,539
    $396,444
    $505,983
    -
    $109,539
    $396,444
    $505,983

    Comparable in this City

    • Value Estimation
      $265,000
      3,952 SF

      111 Kentucky Ave

      BAR, TAVERN • 3,952 SF
      111 Kentucky Ave, Lakeland, FL 33801-5001
      View Details
    • Value Estimation
      $580,000
      2,846 SF

      2523 Broadway St

      BAR, TAVERN • 2,846 SF
      2523 Broadway St, Lakeland, FL 33801-2509
      View Details
    • Value Estimation
      $250,000
      4,200 SF

      120 Kentucky Ave

      BAR, TAVERN • 4,200 SF
      120 Kentucky Ave, Lakeland, FL 33801-5002
      View Details
    • Value Estimation
      $230,000
      2,342 SF

      1401 Gary Rd

      BAR, TAVERN • 2,342 SF
      1401 Gary Rd, Lakeland, FL 33801-2143
      View Details
    • Value Estimation by Request
      1,134 SF

      2212 Peachtree St

      BAR, TAVERN • 1,134 SF
      2212 Peachtree St, Lakeland, FL 33801-2656
      View Details
    • Value Estimation by Request
      10,609 SF

      202 Massachusetts Ave Ste, Unit 101

      BAR, TAVERN • 10,609 SF
      202 Massachusetts Ave Ste, Lakeland, FL 33801-4950
      View Details

    Similar Nearby for Sale

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      Fully operational restaurant with building, land, and equipment for sale.
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    • $450,000
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      Remodeled Restaurant Space in Lakeland

      Turnkey restaurant space with indoor and outdoor seating in Lakeland.
      1349 N Combee Rd, Lakeland, FL 33801
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    • $1,500,000
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      Turnkey Restaurant and Bakery Opportunity

      Restaurant and bakery in Lakeland, ready for immediate re-opening.
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    Similar Nearby for Lease

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      Restaurant space with 4COP license, equipment, and inventory.
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      Lakeland Commercial Space For Lease

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    • $10 SF/Yr
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      Lakeland Retail Center Opportunity

      Prime Lakeland retail space, multiple units available.
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    • Contact for pricing
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      Lakeland Warehouse with Showroom Space

      Warehouse with showroom space available for lease in Lakeland.
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    • Contact for pricing
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      Lakeland Wholesale/Retail Warehouse Space

      Ground-level warehouse space for lease in Lakeland, Florida.
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    • $14 SF/Yr
      8,850 SF

      Auburndale Office Complex

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      View Details
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    802 Massachusetts Ave
    Lakeland, FL 33801-1748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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