395 Central AveBartow, FL 33830

  • Office properties
  • 5,371 SF
For Sale
$2,500,000 View listing

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
395 Central Ave, Bartow, Florida

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

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
$41,215
$74,412
$1,819,053
$1,893,465
-
$74,412
$1,819,053
$1,893,465

FAQs

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