780 Main StBartow, FL 33830

Property Details for 780 Main St

Year built

2002

Lot size

0.34 AC

Property size (Sq ft)

4,642 SF

Zone code

C-2

Property type

Medical offices

Property subtype

Medical space

APN

253005000000041190

APU

253005000000041190

Description

This exceptional investment opportunity presents two adjoining commercial buildings totaling 5,960 square feet on a combined 0.98-acre lot in Bartow, Florida. Located at 780 and 750 West Main Street, this property boasts a prime highway commercial location, just off State Road 60, a major thoroughfare with approximately 22,500 cars passing daily. The main building, a Class A office space (5,000 sq ft), was constructed in 2008 and sits on a 0.56-acre parcel. It's ideal for owner-users seeking a high-visibility location. The second building (960 sq ft) is a fully equipped restaurant featuring seating, kitchen appliances, and a fountain drink dispenser, situated on a 0.42-acre lot. Both buildings are zoned for highway commercial use and offer significant potential for various business ventures. The property's proximity to the Bartow Courthouse (0.5 miles) further enhances its appeal. The asking price is $900,000, with the price per square foot at $151.01. Individual building sales may be considered. The property's APN numbers are 25-30-06-385500-003030 and 25-30-06-385500-003010. This is a rare chance to acquire a versatile, high-traffic commercial property in a thriving Florida location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,537,590

  6.5%

  $1,419,310

  7%

  $1,317,930

• Comparable approach

  Method

  Valuation

  Relative Method

  $951,624

  Geo Method

  $847,768

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,688,930

  Retail / Commercial

  $1,399,500

  Mixed-Use / Specialty

  $1,410,760

  Hospitality / Lodging

  $1,056,190

  Institutional / Educational

  $1,472,430

  Residential Income

  $1,722,750

  Multifamily

  $1,976,050

  Automotive / Energy

  $1,262,090

  Parking / Income-Based Land

  $419,471

  Restaurant / Food Service

  $768,439

  Healthcare / Senior Housing

  $1,430,040

Location Insight

City

Bartow

County

Polk

State

Florida

Latitude

27.8969

Longitude

-81.8364

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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