395 Central AveBartow, FL 33830

Property Details for 395 Central Ave

Year built

1915

Lot size

0.50 AC

Property size (Sq ft)

5,371 SF

Property type

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.

• 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

FAQs

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