1405 OLIVE ST, Lakeland, FL 33815
1405 OLIVE ST, Lakeland, FL 33815
1405 OLIVE ST, Lakeland, FL 33815
1405 OLIVE ST, Lakeland, FL 33815
1405 OLIVE ST, Lakeland, FL 33815
1405 OLIVE ST, Lakeland, FL 33815

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
$ 949,000
Est. payment | /mo

4.08 Acres Lot


$ 949,000
Est. payment | /mo

4.08 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved

Listing Status Active

Purchase Type For Sale

Subdivision Westgate Sub

MLS Listing ID TB8562746

HOA Y/N No

Annual Tax Amount $1

Lot Size 4.080 Acres

Acres 4.08

Lot Dimensions 355x481x364x559

Property Sub-Type Unimproved

Source Stellar MLS

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.

Location

State FL

County Polk

Community Westgate Sub

Area 33815 - Lakeland

Zoning IND

Exterior

Utilities Available Electricity Available, Sewer Available

View Y/N No

Water Access No

Exposure South

Building

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8562746

Stellar MLS
Listed by Adam Smith COMPASS FLORIDA LLC

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