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.
Lot/land
$949,000
1405 OLIVE STREET LOT 14, LAKELAND, FL 33815
--beds
0baths
4.08Acres
Unimproved Land
Built in ----
4.08 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fully fenced
- 5 days
- 29
- 1
Zillow last checked:
Listing updated:
Listed by:
Adam Smith 863-781-5075,
COMPASS FLORIDA LLC 727-380-2067
Source: Stellar MLS,MLS#: TB8562746
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 4.08 Acres
- Dimensions: 355 x 481 x 364 x 559
Details
- Additional parcels included: 23-28-14-000000-024010
- Parcel number: 232823100500001180
- Zoning: IND
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WESTGATE SUB
HOA
- Has HOA: No
Location
- Region: Lakeland
Financial & listing details
- Annual tax amount: $1
- Date on market: 11/4/2026
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Listed for sale | $949,000 |
Source: | ||
Public tax history
Tax history is unavailable.






