Harding Real Estate Team
LOT SIZE 4.080 acres
MLS#TB8562746
STATUSActive
PROPERTY TYPELand - Lot/Land
SUBDIVISIONWESTGATE
Property Description
Industrial property offering approximately 4.08 acres zoned I-2, conveniently located near downtown Lakeland. The property is fully fenced and well-suited for outdoor storage, equipment storage, and industrial yard operations.A key feature of the property is an active CSX rail spur located at the rear of the property, providing potential rail access for industrial users. A CSX approval letter is available authorizing upgrades to the existing rail spur without requiring a permit.The property currently generates $3,000 per month in rental income from a towing company leasing approximately one acre, leaving roughly three acres available for additional use or potential income opportunities.A current survey is available. The property is a former brownfield site subject to a restrictive covenant. Any proposed new construction requires approval from the applicable environmental agency. Per the seller, there is no exterior contamination, and the property is suitable for continued outdoor storage and yard operations in its current condition.With existing rental income, rail infrastructure, industrial zoning, and available acreage, this property presents an opportunity for industrial users or investors seeking a functional site in the Lakeland market.
Property Features
Property Type: Land - Lot/Land
Lot Size: 4.08 Acres
Taxes: $1
Feature Descriptions
Directions: From Sikes Blvd, go West onto Josephine Street. Turn right onto S Central Avenue and left onto Olive Street. The property will be on your right.
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 4.08
Ownership: Fee Simple
Property Attached Y/N: No
Road Frontage: 355
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Electricity Available, Sewer Available
Water: Public
Water Access Y/N: No
Zoning: IND
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 727-380-2067
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 5,585.31 per month $5,308.44 Principal & Interest $0.08 Property Tax $276.79 Homeowner's InsuranceChange Payment Information
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1405 Olive Street | MLS# TB8562746
This land located at 1405 Olive Street , Lakeland, FL 33815 is currently listed for sale with an asking price of $949,000. The property has approximately 4.08 Acres. Search Lakeland real estate on www.hardingrealestateteam.com today.