Lakeland, GA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Lakeland, Georgia Market population: 112K. Explore income-producing properties with verified cap rates and operating...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Lakeland FL Properties: 0.9300%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Lakeland FL
Common questions from investors exploring commercial real estate in Lakeland FL.
What are the key demographic factors to consider when investing in Lakeland, FL?
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Lakeland's population of 112,136, with a median age of 40.3, and top ethnicities including White (71.3%), Black or African American (18.3%), and Asian (4.4%), suggests a diverse market with a strong presence of established industries like Health Care & Social Assistance and Retail Trade, which can drive demand for housing.
How does the local economy impact the real estate market in Lakeland?
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The median household income of $48,856, combined with an employed population of 51,301 and a poverty rate of 15.6%, indicates a working-class market with some employment stability, while the top industries, including Health Care & Social Assistance and Finance & Insurance, provide a foundation for economic growth and rental demand.
What are the implications of the city's commute times and health insurance coverage for real estate investors?
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The average commute time of 24.4 minutes, with top commute methods including driving alone, working from home, and carpooling, suggests a relatively convenient and flexible transportation network, while the high health insurance coverage rate of 87.2% implies a stable and secure tenant base, making it an attractive market for investors.
How do the housing market and quality of life factors interact in Lakeland?
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The median property value of $173,400, median property taxes of $1,713, and homeownership rate of 63.2% indicate a relatively affordable housing market, while the average commute time of 24.4 minutes and high health insurance coverage rate of 87.2% contribute to a desirable quality of life, making it an attractive location for both homeowners and renters.
What role do ethnic diversity and industry presence play in shaping the local real estate market?
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The diverse ethnic makeup of Lakeland, with a significant presence of White, Black or African American, and Asian populations, combined with the strong presence of industries like Health Care & Social Assistance, Retail Trade, and Finance & Insurance, suggests a vibrant and dynamic market with a range of housing needs and opportunities for investors to cater to different demographics and professionals.
Lakeland FL Real Estate & City Facts
Key facts and real estate information about Lakeland FL.
What are some of the best neighborhoods to live in Lakeland?
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Some of the best neighborhoods to live in Lakeland include downtown Lakeland, which offers a mix of old and new homes, and the suburbs, which have more modern housing developments. You can also consider neighborhoods like Lake Morton, which has a strong sense of community and beautiful views of the lake. Additionally, the historic district has some beautiful old homes with plenty of character.
What are some fun things to do in Lakeland?
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There are plenty of fun things to do in Lakeland, including visiting the Circle B Bar Reserve for nature trails and outdoor activities, or exploring the city's many lakes and parks. You can also check out the Frank Lloyd Wright architecture at Florida Southern College, or catch a Detroit Tigers spring training game. If you're looking for something more low-key, you can take a leisurely walk around Bonnet Springs Park or visit the Hollis Garden.
What is the food scene like in Lakeland?
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The food scene in Lakeland is diverse and delicious, with plenty of options to suit every taste. You can find everything from French-American cuisine at Bay Street Bistro to Italian food at Nineteen 61. There are also plenty of great food trucks and casual eateries, like Black & Brew Coffee House & Bistro, which serves up tasty coffee and pastries. If you're in the mood for something a little different, you can try Mojo Federal Swine & Spirits for some creative Southern cuisine.
What are the pros and cons of living in Lakeland?
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One of the pros of living in Lakeland is the city's natural beauty, with its many lakes and parks. The city also has a strong sense of community, with plenty of family-friendly activities and events. However, one of the cons is that the city can be a bit quiet and sleepy, especially at night. Additionally, traffic can be a problem during rush hour, and some areas of the city are still developing. Overall, though, Lakeland is a great place to live for people who want a relaxed, small-town feel with plenty of outdoor activities and a growing food scene.
Is Lakeland a good place to live?
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Overall, Lakeland is a great place to live for people who want a relaxed, small-town feel with plenty of outdoor activities and a growing food scene. The city has a strong sense of community, and there are plenty of family-friendly activities and events to enjoy. While it may not be the best fit for everyone, especially those who prefer a more fast-paced urban lifestyle, Lakeland is definitely worth considering for people who want a laid-back, natural beauty-filled place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Lakeland FL Commercial Property: $48,856
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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