301 Havendale BlvdAuburndale, FL 33823

  • Drug stores
  • 3,182 SF
For Sale
$850,000 View listing

Property Details for 301 Havendale Blvd

Year built
1972
Lot size
0.36 AC
Property size (Sq ft)
3,182 SF
Property type
Drug stores
APN
252811000000022310
APU
252811000000022310

Description

This exceptional 3,182 square foot retail property, located at 301 Havendale Blvd in Auburndale, Florida (zip code 33823), presents a unique investment opportunity. The building, previously utilized as a pharmacy, boasts a convenient drive-thru in the rear, adding significant operational flexibility for a variety of retail uses. The asking price is $850,000, translating to a price per square foot of $267.13. Situated in Polk County, this single-standing structure offers ample space for a grocery store, pharmacy, storefront, or a combination thereof. Its strategic location in Auburndale provides excellent visibility and accessibility for customers. The property's versatile layout and existing drive-thru feature make it an attractive option for businesses seeking a ready-to-use space with added convenience. The building's size and location within a thriving community make it an ideal investment for entrepreneurs and seasoned investors alike. This is a rare opportunity to acquire a well-positioned retail space in a desirable Florida market. Serious inquiries are encouraged to explore the potential of this remarkable property. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,367,081
    6.5%
    $1,261,921
    7%
    $1,171,784
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,643,845
    Geo Method
    $1,259,167
  • Alternative Use

    Use
    Valuation
    Residential
    $1,064,478
    Hospitality
    $975,056
    Educational
    $811,235
    Medical
    $839,135
    Retail
    $1,261,921

Location Insight

City
Auburndale
County
Polk
State
Florida
Latitude
28.0567
Longitude
-81.78
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
$7,113
$124,152
$305,688
$429,840
-
$124,152
$305,688
$429,840

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