Ground-Floor Retail
New
For Sale
Contact for pricing
101 OVERLOOK DRIVE #103, Winter Haven, FL 33884
A covered entrance and paved customer parking serve the space.
Property Size7,560 SF
Price / SF$0.34
Days on Market4
Property Features for 101 OVERLOOK DRIVE #103
General Information
Standard status
Active
Size
7,560 SF
Property subtype
Mixed Use
Additional Details
Floor
Ground
Amenities
covered front canopy
on-site paved parking lot
Building Details
Year Built
1984
Construction
concrete block
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Ishaan Kumar · License #3573988
(863) 280-0755
Source:
Dennisrealty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 24 at 3:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DALTON WADE INC
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Investment Insights
Based on property information with market context.
Unit 103 is part of a concrete block retail center at 101 Overlook Drive SE in Winter Haven. The center has four ground-floor units and was built in 1984. A canopy shelters the entrance, and paved parking is available on site.
The property is on Overlook Drive (CR 550), just off Cypress Gardens Boulevard. LEGOLAND Florida, Lake Florence and established residential areas are nearby.
The property is on Overlook Drive (CR 550), just off Cypress Gardens Boulevard. LEGOLAND Florida, Lake Florence and established residential areas are nearby.
Key Highlights
- One of four ground‑floor units in a concrete block retail center
- Built in 1984
- Covered entrance canopy and paved on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,898
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,960
$1.7M
Cap Rate 7%
$1,212,829
$1.2M
Cap Rate 9%
$943,311
$943.3K
Market Conditions
NOI Build-Up for 7,560 SF
Gross rent
$131.5K $17.40/SF
− Vacancy
−$10.3K −$1.36/SF
EGI
$121.3K $16.04/SF
− OpEx
−$36.4K −$4.81/SF
NOI
$84.9K $11.23/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,960
Cap Rate 7%
$1,212,829
Cap Rate 9%
$943,311
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,898 @ 7.0% cap · market cap 3,260.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,171 @ 7.0% cap · market cap 4,883.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 33884, FL
34,772
Population
15,876
Households
2.2
Avg Household Size
48
Median Age
29%
College-Educated
92%
High-School Grad
24.9 sq mi
ZIP Area
1,396
Density / Sq Mi
$70,516
Median Household Income
$41,660
Median Earnings
$1,523
Median Rent
$269,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A covered entrance and paved customer parking serve the space.
Where is this retail space located?
The property is located at 101 OVERLOOK DRIVE #103 Winter Haven, FL.
What are key features of this property?
This property features: One of four ground‑floor units in a concrete block retail center; Built in 1984; Covered entrance canopy and paved on‑site parking
