2113 Combee RdLakeland, FL 33801

  • Office properties
  • 1,003 SF
For Sale
$275,000 View listing

Property Details for 2113 Combee Rd

Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.02 AC
Property size (Sq ft)
1,003 SF
Zone code
C-2
Property type
Office properties
Property subtype
Office buildings
APN
242828247015000200
APU
242828247015000200

Description

This exceptional investment opportunity presents two combined storefront units totaling 2,006 square feet, situated at 2113 S Combee Rd in Lakeland, Florida, zip code 33801. The asking price is $275,000, translating to $137.09 per square foot. This well-maintained property boasts a prime location on a high-traffic commercial corridor near central Lakeland, specifically at a traffic light on SR 659 – Combee Rd, experiencing 17,200 vehicle trips daily. The property is zoned Highway Commercial (C-2), offering considerable flexibility for a wide array of commercial uses. Previously configured as two separate condo units, this space offers the unique advantage of easily being converted back into two independent units, each with its own entrance, bathroom, and rear office. This turnkey property is ready for immediate occupancy and presents a compelling opportunity for both investors and business owners seeking a strategic location in a thriving Lakeland market. The property's location provides excellent visibility and accessibility, making it an ideal choice for a variety of retail or office businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $239,987
    6.5%
    $221,526
    7%
    $205,703
  • Comparable approach

    Method
    Valuation
    Relative Method
    $192,131
    Geo Method
    $183,178
  • Alternative Use

    Use
    Valuation
    Residential
    $274,693
    Hospitality
    $251,617
    Educational
    $209,343
    Medical
    $216,542
    Retail
    $325,644
2113 Combee Rd, Lakeland, Florida

Location Insight

City
Lakeland
County
Polk
State
Florida
Latitude
28.0179
Longitude
-81.9083
CBSA code
29460
CBSA name
LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,147
$100
$77,131
$77,231
-
$100
$77,131
$77,231

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