3310 Reynolds RdLakeland, FL 33803

  • Industrial properties
  • 27,830 SF
For Sale
$2,750,000 View listing

Property Details for 3310 Reynolds Rd

Year built
1976
Lot size
1.78 AC
Property size (Sq ft)
27,830 SF
Zone code
C-4
Property type
Industrial properties
Property subtype
Other warehouses
APN
242835000000043060
APU
242835000000043060

Description

This exceptional opportunity presents the acquisition of a well-established and respected commercial foodservice equipment dealership in Lakeland, Florida. The business, operating for 40 years, enjoys a strong reputation and loyal clientele. The sale includes the substantial 28,000 square foot building situated on a 1.78-acre lot at 3310 Reynolds Road. The property boasts a well-stocked storefront and warehouse, capable of handling diverse commercial kitchen equipment needs, from single items to large-scale orders. The business serves a wide range of clients, including restaurants, hotels, schools, and various other commercial foodservice establishments. The sale encompasses all aspects of the business, including existing inventory, computers, printers, intellectual property, tools, and equipment. Furthermore, the sale includes the existing 12 employees, senior management team, established customer and vendor accounts, phone numbers, website, email addresses, ensuring a seamless transition for the new owner. The business is a member of Excell Marketing, a buying group providing competitive advantages. This turnkey operation offers a significant opportunity for continued growth and profitability in a thriving market. The asking price for the real estate and business is $2,750,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,746,982
    Hospitality
    $8,012,188
    Educational
    $6,666,046
    Medical
    $6,895,302
    Retail
    $10,369,406
3310 Reynolds Rd, Lakeland, Florida

Location Insight

City
Lakeland
County
Polk
State
Florida
Latitude
28.0038
Longitude
-81.8906
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
$8,777
$72,509
$551,065
$623,574
-
$72,509
$551,065
$623,574

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