550 Overlook DrWinter Haven, FL 33884

Property Details for 550 Overlook Dr

Year built

1967

Lot size

8.54 AC

Property size (Sq ft)

1,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

262835662500000102

APU

262835662500000102

Description

This exceptional 8.737-acre property in Winter Haven, Florida, presents a unique investment opportunity. The 12,813-square-foot warehouse building sits on land zoned industrial, with a portion designated residential. Located at 550 Overlook Dr, Winter Haven, FL 33884, this property boasts convenient access officially registered with Polk County. The warehouse features soundproofed walls constructed with 12-inch blocks, making it ideal for various uses, particularly those requiring substantial power. The building's robust construction and versatile zoning offer significant potential for a wide range of businesses. The property's size and features make it suitable for businesses needing ample space and specialized infrastructure. Seller financing is available to qualified buyers, reflecting the seller's motivation to secure a prompt sale. Appointments are required 24 hours in advance. This property is situated in the thriving Winter Haven area of Central Florida, offering excellent growth potential. The property's unique combination of industrial and residential zoning presents a rare opportunity for creative business development. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $292,265

  6.5%

  $269,783

  7%

  $250,513

• Comparable approach

  Method

  Valuation

  Relative Method

  $205,003

  Geo Method

  $157,030

• Alternative Use

  Use

  Valuation

  Residential

  $334,531

  Hospitality

  $306,429

  Educational

  $254,945

  Medical

  $263,713

  Retail

  $396,581

Location Insight

City

Winter Haven

County

Polk

State

Florida

Latitude

28.0082

Longitude

-81.6791

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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