113 Bridgers AveAuburndale, FL 33823

  • Grocery and convenience stores
  • 430 SF
For Sale
$299,000 View listing

Property Details for 113 Bridgers Ave

Year built
1964
Lot size
0.41 AC
Property size (Sq ft)
430 SF
Property type
Grocery and convenience stores
APN
252811335300001730
APU
252811335300001730

Description

This prime 1,486 square foot mixed-use property in Auburndale, Florida presents a unique investment opportunity. Located on 0.41 acres at 113 Bridgers Avenue, this property boasts exceptional visibility and convenient access near Highway 92 and Main Street. Its previous use as a gas station and convenience store provides a solid foundation for a variety of ventures. The site offers incredible flexibility for diverse development, including retail, small-scale industrial businesses, or even residential projects. The surrounding area features a mix of commercial and residential properties, including a storage business and an auto business, ensuring a vibrant and established neighborhood. The property's strategic location and versatile nature make it an ideal investment in a rapidly growing area. The current zoning allows for a range of uses, providing significant potential for future development and return on investment. This property is ready for its next chapter, offering a chance to capitalize on its prime location and adaptable space. The 1,486 square foot building provides a solid starting point for renovations or new construction, depending on the chosen development path. Don't miss this chance to acquire a highly desirable commercial property in a thriving Auburndale location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $184,741
    6.5%
    $170,530
    7%
    $158,349
  • Comparable approach

    Method
    Valuation
    Relative Method
    $222,141
    Geo Method
    $170,158
  • Alternative Use

    Use
    Valuation
    Residential
    $143,848
    Hospitality
    $131,764
    Educational
    $109,626
    Medical
    $113,397
    Retail
    $170,530

Location Insight

City
Auburndale
County
Polk
State
Florida
Latitude
28.0626
Longitude
-81.783
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
$1,093
$40,552
$25,472
$66,024
-
$40,552
$25,472
$66,024

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