395 Central AveBartow, FL 33830
- Office properties
- 5,371 SF
Property Details for 395 Central Ave
- Year built
- 1915
- Lot size
- 0.50 AC
- Property size (Sq ft)
- 5,371 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 253005375000009030
- APU
- 253005375000009030
Description
This exceptional commercial property, located at 395 S Central Ave, Bartow, FL 33830, offers 18,160 square feet of versatile office space. Situated on a 0.75-acre lot in the heart of Downtown Bartow, this Class A property is less than 1,000 feet from the Polk County Courthouse. The property comprises two connected historic buildings, the original structure dating back to 1915 and a newer addition built in 1992, offering a unique blend of character and modern functionality. A recent renovation in 2002 ensures modern amenities. The flexible layout allows for diverse tenancy configurations, accommodating single-tenant occupancy or division into executive suites. The two-story building provides ample space, complemented by 14 parking spaces. Zoned C-1, this property is ideally suited for a variety of professional businesses, including financial institutions and law firms. The property's prime location and adaptable design make it an attractive opportunity for businesses seeking a prestigious and convenient address in Bartow, Florida. The parcel numbers are 253005375000009030 and 253005375000009010.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,569,756
- 6.5%
- $1,449,005
- 7%
- $1,345,505
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,101,071
- Geo Method
- $980,906
-
Alternative Use
- Use
- Valuation
- Residential
- $1,796,766
- Hospitality
- $1,645,828
- Educational
- $1,369,310
- Medical
- $1,416,402
- Retail
- $2,130,038
Location Insight
- City
- Bartow
- County
- Polk
- State
- Florida
- Latitude
- 27.8944
- Longitude
- -81.8428
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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