1816 Kathleen Rd

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1816 Kathleen Rd

Lakeland, FL 33805
Asking Price
$499K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 1.2 acres for sale
  • Located at 1816 Kathleen Rd in Lakeland, Florida
  • Asking price for the commercial site is $499,000
  • Situated within the growing Tampa and Orlando corridor
  • Suitable for retail or professional commercial development projects

What's Special

Priced at $499,000, this 1.2-acre commercial land parcel at 1816 Kathleen Rd represents a strategic acquisition in Lakeland, Florida. The site provides a flexible footprint for developers looking to establish a presence within this expanding region of the I-4 corridor. Lakeland serves as a vital economic bridge between the Tampa and Orlando metropolitan areas, benefiting from a steady influx of residents and a diverse local business base. Its position along major regional transit arteries supports logistical efficiency and accessibility for consumers and employees alike. Given the commercial zoning classification, the property is well-suited for various development applications including retail, professional services, or specialized business operations. Investors and developers can capitalize on the land's utility in a market characterized by consistent growth and infrastructure investment. This site offers sufficient acreage for a mid-scale project, providing a blank slate for builders aiming to serve the evolving needs of the Lakeland community.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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