2020 Flamingo DrBartow, FL 33830

  • Healthcare properties
  • 6,444 SF
For Sale

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
2020 Flamingo Dr, Bartow, Florida

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

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
$11,518
-
-
$684,346
-
$133,897
$361,711
$495,608

FAQs

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