238 Massachusetts AveLakeland, FL 33801

Property Details for 238 Massachusetts Ave

Year built

1925

Lot size

0.41 AC

Property size (Sq ft)

6,351 SF

Zone code

C-7

Property type

Retail space

APN

242818201000007010

APU

242818201000007010

Description

This exceptional office space in Lakeland, Florida, offers a diverse range of solutions for businesses of all sizes. Located at 238 N Massachusetts Ave, 1st Floor, in Polk County, this property provides flexible options to meet your specific needs. Choose from traditional office suites, executive offices, coworking spaces, or even medical or creative office setups. The space caters to various tenancy requirements, offering fully furnished and equipped private offices scalable from single-person setups to large corporate spaces. Customizable options are available, including disaster recovery spaces and day offices. Beyond private offices, the location also features coworking areas, providing a collaborative and social work environment with hot-desking options. Meeting rooms of various sizes are available for rent, equipped with Wi-Fi and presentation equipment, suitable for informal meetings, training sessions, or formal conferences. Virtual office options are also offered, including prestigious business addresses, mail handling services, and professional virtual assistant support, with varying levels of access to physical office space. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property is ideally situated in Lakeland, Florida, with easy access to local amenities and transportation. This versatile property offers a comprehensive solution for businesses seeking a flexible and adaptable workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $1,927,444

  6.5%

  $1,779,179

  7%

  $1,652,095

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,922,906

  Geo Method

  $2,922,906

• Alternative Use

  Use

  Valuation

  Residential

  $1,500,804

  Hospitality

  $1,374,728

  Educational

  $1,143,758

  Medical

  $1,183,094

  Retail

  $1,779,179

Location Insight

City

Lakeland

County

Polk

State

Florida

Latitude

28.0466

Longitude

-81.9545

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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