2020 Flamingo DrBartow, FL 33830
- Healthcare properties
- 6,444 SF
Property Details for 2020 Flamingo Dr
- Year built
- 1958
- Lot size
- 0.95 AC
- Property size (Sq ft)
- 6,444 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 253004364500008090
- APU
- 253004364500008090
Description
This exceptional Class A, single-tenant medical office building, totaling 6,381 square feet, presents a unique owner-user opportunity in Bartow, Florida. Located at 2020 Flamingo Drive, 33830, this property boasts a prime location less than 2.5 miles from Bartow Regional Medical Center and other medical facilities. Built in 1980 and extensively renovated in 2012, the building features a new roof to be installed upon occupancy. The well-designed layout includes nine exam rooms with sinks, five private offices, blood laboratories, two nurse stations, a large waiting area, break rooms, a spacious training room, four restrooms, and two storage rooms. The 0.95-acre lot provides ample parking with 25 spaces. The property is zoned for commercial use and offers flexibility for various medical practices, including dentistry and general medical practitioners. Alternative uses such as a charter school, daycare, or legal/insurance offices may also be considered. A Matterport layout is available showcasing a proposed single or two-tenant configuration. This is a rare opportunity to acquire a high-quality, well-maintained medical office building in a thriving medical corridor. The sales price is negotiable.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,883,356
- 6.5%
- $1,738,482
- 7%
- $1,614,305
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,321,039
- Geo Method
- $1,176,868
-
Alternative Use
- Use
- Valuation
- Residential
- $2,155,718
- Hospitality
- $1,974,626
- Educational
- $1,642,866
- Medical
- $1,699,366
- Retail
- $2,555,569
Location Insight
- City
- Bartow
- County
- Polk
- State
- Florida
- Latitude
- 27.8983
- Longitude
- -81.8246
- 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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