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1604 Olive St 8,716 sq ft Industrial Property Lakeland, FL 33815 £1,114,565 (£127.88/sq ft) 7.60% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • 8,716 SF of versatile space suitable for multiple commercial or industrial applications.
  • Convenient loading dock for easy shipping and receiving.
  • Energy-efficient LED lighting for a bright and cost-effective workspace.
  • 25-foot ceiling height, providing flexibility for storage, manufacturing, or warehouse operations
  • Ample on-site parking for employees, customers, or fleet vehicles.
  • Fenced Outdoor Storage: Secure outdoor storage space for equipment, vehicles, or materials

EXECUTIVE SUMMARY

Discover the perfect space for your business at 1604 Olive Street, Lakeland, FL 33815. This 8,716-square-foot commercial/ industrial property sits on a 0.6-acre lot, offering an ideal location for a variety of business uses. This property is ideal for industrial, warehouse, distribution, automotive, or general commercial uses. Whether you’re expanding your business or looking for a strategic location in Lakeland, this property is a must-see!

PROPERTY FACTS

Price £1,114,565
Price per sq ft £127.88
Sale Type Investment or Owner Occupier
Yield 7.60%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution Warehouse
  • Industrial Manufacturing
  • Showroom
Costar Property Class C
Total Plot Size 0.59 ac
Net Internal Area (NIA) 8,716 sq ft
No. Floors 1
Year Built 1942
Parking Allocation 4.02/1,000 sq ft
Eaves Height 20 ft
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Use Class industrial-1 - Zoned I-2 for practically any business use possible.

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Yard

UTILITIES

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-28-23-100500-008050
Land Assessment
£14,818
Improvements Assessment
£67,032
Total Assessment
£124,362
  • Listing ID: 35159579

  • Date on Market: 17/03/2025

  • Last Updated:

  • Address: 1604 Olive St, Lakeland, FL 33815

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