INNOVATE Real Estate
Office at 1517 COMMERCIAL PARK DR, LAKELAND
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10 photos

$1,500,000

1517 COMMERCIAL PARK DR
LAKELAND, FL 33801
Listed by Karina Turcios · LPT REALTY, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
4,842 sqft
Year built
1969

About this home

Commercial opportunity This multi-tenant office / retail building with 6 units is located off US Hwy 98 S. The property offers excellent visibility, accessibility and flexibility with a O-1 zoning, making the space ideal for general office, medical, professional services, boutiques or specialty retail. The daily traffic is 42,000 vehicles daily along US Hwy 98/Bartow Rd. Seller financing available

Property details

MLS
Stellar MLS
MLS #
MFRO6443328
Property type
Office
Subdivision
COMMERCIAL PARK SOUTH
Status
Active
Days on market
N/A
On market date
September 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
MAGNOLIA MONTESSORI ACADEMY
0.44 mi away · Grades 0-7
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
146
Student:teacher ratio
18.3:1
District
POLK
Middle
CRYSTAL LAKE MIDDLE SCHOOL
0.84 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
948
Student:teacher ratio
18.6:1
District
POLK
High
FRESH START COMMUNITY SCHOOL
0.96 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
100
Student:teacher ratio
14.3:1
District
POLK

Walkability

Blended score for LAKELAND's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores11
Parks2
Schools16
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in LAKELAND, from live MLS data.

On the market 0 days -- 82 fewer days than LAKELAND's current average of 82 days.
For reference, the median list price across 1,845 active listings in LAKELAND right now is $305,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.