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Commercial Land for Sale in Lakeland, Florida

1405 Olive St, Lakeland, FL 33815

$949,000
4 acres
Active sale
ago
Est $6,679/mo

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

Street address
1405 Olive St
Zip code
33815
Community
Westgate Sub
Elevation
174 feet
Coordinates
28.0399, -81.9782

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.

Property details

Acreage
4.08 acres
Zoning
IND
MLS #
MFRMLS TB8562746
Posted

Property taxes

2025
$2

Parcels

  • 23-28-23-100500-001180

Legal description

Details and features

Listing

Type
Land

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
Nov 4, 2026New listing$949,000—MFRMLS
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This 4.08-acre property is located at 1405 Olive St in Lakeland, FL 33815. The land is available for sale, priced at $949,000 — $232,598 per acre.

Listed by Compass Florida, (305) 851-2820

Checked 2 hours agoUpdated Source

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