8565 State Road 33Lakeland, FL 33809

  • Retail properties
  • 1,004,929 SF
For Lease

Property Details for 8565 State Road 33

Year built
2021
Lot size
138.29 AC
Property size (Sq ft)
1,004,929 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
242712000000011030
APU
242712000000011030

Description

This exceptional Class A industrial warehouse, situated in Lakeland, Florida's CenterState Logistics Park, offers 480,939 square feet of immediately available space. Built in 2021, the single-story building boasts a 40-foot clear ceiling height, 131 loading docks (including 131 dock-high doors and 2 drive-in doors), and ample trailer and car parking (142 and 253 spaces respectively, with expansion potential). The property features a substantial 164.85-acre site with over 5,100 linear feet of frontage on I-4, providing unparalleled access and visibility. The warehouse is equipped with a robust power supply (6,400A, 480/277V, 3-phase) and ESFR sprinklers. Construction is concrete tilt-wall with a 7-inch, 4,000 psi slab-on-grade foundation. The building's design incorporates clerestory windows on the north and south elevations, maximizing natural light. The roof features a white 60-mil TPO membrane over R-20 rigid insulation, and LED lighting is installed throughout. Column spacing is 56'W x 54'3"D, with a 60' speed bay. The cross-dock loading configuration and 190' deep truck court optimize operational efficiency. The property is zoned PUD Industrial within Polk County and offers approximately 3,318 square feet of office space. This is a rare opportunity to secure a state-of-the-art warehouse in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $431,747,232
    6.5%
    $398,535,904
    7%
    $370,069,056
  • Comparable approach

    Method
    Valuation
    Relative Method
    $519,153,856
    Geo Method
    $397,666,080
  • Alternative Use

    Use
    Valuation
    Residential
    $336,179,968
    Hospitality
    $307,939,040
    Educational
    $256,201,664
    Medical
    $265,012,832
    Retail
    $398,535,904
8565 State Road 33, Lakeland, Florida

Location Insight

City
Lakeland
County
Polk
State
Florida
Latitude
28.153
Longitude
-81.8621
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
$1,333,776
$8,278,813
$64,885,797
$73,164,610
-
$8,278,813
$64,885,797
$73,164,610

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