1105 6Th StWinter Haven, FL 33881

Property Details for 1105 6Th St

Year built

1964

Lot size

0.15 AC

Property size (Sq ft)

2,426 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

262820566500001030

APU

262820566500001030

Description

This 2,426 sq ft vacant commercial building in Winter Haven, FL, is offered at $499,000 ($222/sq ft). Located at 1105 6th St NW, this C-3 zoned property boasts a prime location on a high-traffic thoroughfare (33,000 vehicles daily), adjacent to a Publix-anchored plaza and Chase Bank. Built in 1964 and renovated in 1994, the single-story building sits on a 6,672 sq ft lot and offers 20 parking spaces (including 6 directly in front). Suitable for various uses including restaurants, storefronts, medical services, and more, this property presents a value-add investment opportunity. The sale includes a deed restriction prohibiting laundromat use. Features include large storefront windows, a spacious interior, upgraded utilities, and potential for outdoor seating. The property is move-in ready, allowing for a quick start in the thriving Winter Haven market. This is a fee-simple ownership opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,042,281

  6.5%

  $962,106

  7%

  $893,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,253,290

  Geo Method

  $960,006

• Alternative Use

  Use

  Valuation

  Residential

  $811,572

  Hospitality

  $743,396

  Educational

  $618,497

  Medical

  $639,768

  Retail

  $962,106

Location Insight

City

Winter Haven

County

Polk

State

Florida

Latitude

28.0327

Longitude

-81.7332

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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