1647 Goodyear Avenue

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1647 Goodyear Avenue

Lakeland, FL 33801
Asking Price
$4.10M
Asset Type
Land
Class
Class B

What's Special

1647 Goodyear Avenue is situated in an established industrial corridor in southeast Lakeland, Florida. The property offers proximity to major transit arteries, located less than three miles from the Polk Parkway (SR-570) and roughly five miles from U.S. Route 98. The surrounding neighborhood is characterized by a mix of light industrial facilities, distribution centers, and commercial service providers. Local amenities include various dining and retail options along nearby arterial roads, supporting the logistical needs of the area's workforce. This land asset is well-suited for industrial development, equipment storage, or fleet parking. Given the location’s zoning and regional infrastructure, ideal use cases include the construction of a small-bay warehouse or a logistics staging site. Potential tenants typically include regional logistics firms, construction contractors requiring laydown yard space, or specialized manufacturing operators seeking a central Florida hub. The flat topography and existing accessibility facilitate various commercial site plan configurations.

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NOI
$80,000
Cap Rate
1.95%
DSCR
0.33
Underwater
Cash-on-Cash
-13.29%
Monthly Payment
$20,284.563
Annual Cash Flow
$-163,414.756

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