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Active - Land for sale
1405 OLIVE STREET, Lakeland, FL
Facts & features
Why you’ll love it
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.
Listings courtesy of COMPASS FLORIDA LLC as distributed by MLS GRID.
Listed by: Adam Smith • adam@thesignaturegroupfl.com • COMPASS FLORIDA LLC
Co-listed by: COMPASS FLORIDA LLC
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8562746
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
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Affordability
$4,799/mo
- Mortgage$4,799
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$18,980 Credit back
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About Westgate Sub
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$18,980 Credit back
