5304 Florida AveLakeland, FL 33813

Property Details for 5304 Florida Ave

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.26 AC

Property size (Sq ft)

10,498 SF

Property type

Office properties

Property subtype

Office buildings

APN

232912140162000060

APU

232912140162000060

Description

This exceptional single-tenant office space, located at 5304 Florida Ave S in Lakeland, Florida, 33813, offers 252 square feet of functional workspace. Ideal for a small business or individual professional, this traditional office is situated in Polk County and provides a convenient and efficient environment. The space is available for immediate occupancy as a single-tenant lease. The monthly rent is $750, with a required security deposit of $750. The property's address is easily accessible within Lakeland, offering a strategic location for businesses seeking a presence in this thriving Florida city. This is a fantastic opportunity for a business seeking a cost-effective and well-located office space. The property is classified as a traditional office, ensuring a professional and established setting. The precise coordinates are latitude 27.969308 and longitude -81.962662. This listing presents a rare chance to secure a well-priced, single-tenant office in a desirable Lakeland location. Don't miss out on this opportunity to establish your business in a prime location. Contact the number provided for further details and scheduling a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,167,349

  6.5%

  $2,000,630

  7%

  $1,857,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,917,250

  Geo Method

  $1,917,250

• Alternative Use

  Use

  Valuation

  Residential

  $2,480,781

  Hospitality

  $2,272,382

  Educational

  $1,890,595

  Medical

  $1,955,616

  Retail

  $2,940,926

Location Insight

City

Lakeland

County

Polk

State

Florida

Latitude

27.9693

Longitude

-81.9627

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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