4690 Exploration AveLakeland, FL 33812

Property Details for 4690 Exploration Ave

Year built

2009

Lot size

1.40 AC

Property size (Sq ft)

13,380 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

242910280562000040

APU

242910280562000040

Description

This exceptional 3,500-square-foot office space is located at 4690 Exploration Ave, Suite #4700, Lakeland, FL 33812. Situated within a larger 12,752-square-foot single-story building, this traditional office suite offers a highly functional and versatile layout. The space boasts a dedicated sitting area, multiple private offices, and a prominent executive office with its own separate exterior entrance, providing enhanced privacy and accessibility. A large conference/training/meeting room is perfect for presentations or team gatherings. The main floor also includes fifteen individual cubicles, creating a productive work environment for a sizable team. Employee and visitor convenience is ensured with a well-equipped kitchen/break area and two restrooms. This single-tenant occupancy provides a unique opportunity for a business seeking a self-contained and efficient workspace in a desirable Lakeland location. The property's address is easily accessible and offers ample parking. This is an excellent opportunity for a company looking to establish or expand its presence in a thriving Florida market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,441,199

  6.5%

  $3,176,491

  7%

  $2,949,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,625,514

  Geo Method

  $2,443,590

• Alternative Use

  Use

  Valuation

  Residential

  $3,938,849

  Hospitality

  $3,607,964

  Educational

  $3,001,784

  Medical

  $3,105,020

  Retail

  $4,669,442

Location Insight

City

Lakeland

County

Polk

State

Florida

Latitude

27.9809

Longitude

-81.8915

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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