1285 1St StWinter Haven, FL 33880

  • Medical offices
  • 5,416 SF

Property Details for 1285 1St St

Year built
1982
Lot size
1.14 AC
Property size (Sq ft)
5,416 SF
Property type
Medical offices
Property subtype
Medical centers
APN
262832000000011180
APU
262832000000011180

Description

This exceptional 1.14-acre commercial land parcel presents a unique build-to-suit opportunity for medical office space in Winter Haven, Florida. Located on a highly visible traffic-lighted intersection within the city's medical corridor, this Class A property boasts convenient access to US 17 and SR 540, ensuring excellent connectivity throughout Polk County. The site's strategic position places it directly across from BayCare Women's Hospital and adjacent to the new 42,000 square foot BayCare Residency Program building. Furthermore, it's less than a mile from BayCare Winter Haven Hospital, providing unparalleled access to a thriving healthcare community. The zoning permits commercial development, allowing for a custom build-to-suit project ranging from 5,000 to 25,000 square feet, with the potential for expansion up to 30,000 square feet and 90 parking spaces. This property offers unparalleled visibility and accessibility, making it an ideal location for medical professionals seeking a prominent presence in a rapidly growing healthcare hub. The APN is 26-28-32-000000-011180. The address is 1285 1st St S, Winter Haven, FL 33880. This is a rare opportunity to establish a state-of-the-art medical facility in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,582,907
    6.5%
    $1,461,145
    7%
    $1,356,778
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,110,296
    Geo Method
    $850,474
  • Alternative Use

    Use
    Valuation
    Residential
    $1,811,820
    Hospitality
    $1,659,618
    Educational
    $1,380,782
    Medical
    $1,428,270
    Retail
    $2,147,884

Location Insight

City
Winter Haven
County
Polk
State
Florida
Latitude
28.0081
Longitude
-81.7272
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
$29,108
$571,458
$940,146
$1,511,604
-
$571,458
$940,146
$1,511,604

FAQs

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