550 Pope AveWinter Haven, FL 33881

Property Details for 550 Pope Ave

Year built

2012

Lot size

1.25 AC

Property size (Sq ft)

24,150 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

262829621000042120

APU

262829621000042120

Description

This exceptional 7,750-square-foot medical office space presents a rare opportunity for immediate occupancy. Located in a prime position in front of Downtown Winter Haven, this single-tenant property boasts over 100 feet of frontage on the busy Highway 17, ensuring high visibility and accessibility. The space is move-in ready, representing a significant advantage for a quick and efficient transition. A key feature is the existing backup generator, providing peace of mind and operational continuity. The building is classified as a second-generation medical office, suggesting existing infrastructure well-suited for medical practices. Monument signage is available, offering excellent branding opportunities. The property is situated in Polk County and requires 180 days' notice for vacancy. This is an unparalleled chance to secure a well-located, fully functional medical office space in a thriving area. The property's size and features make it ideal for a variety of medical practices seeking a prominent and convenient location. The high visibility and existing infrastructure combine to create a compelling investment opportunity. Serious inquiries only. Please do not disturb the current tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $7,058,200

  6.5%

  $6,515,262

  7%

  $6,049,886

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,950,822

  Geo Method

  $3,792,274

• Alternative Use

  Use

  Valuation

  Residential

  $8,078,925

  Hospitality

  $7,400,252

  Educational

  $6,156,922

  Medical

  $6,368,668

  Retail

  $9,577,435

Location Insight

City

Winter Haven

County

Polk

State

Florida

Latitude

28.023

Longitude

-81.7327

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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