Office Building For
1010 East Rose Street Lakeland, FL 33801
1010 East Rose Street, Lakeland, FL, 33801
$4,100,000
For Sale
$4,100,000
Office building totaling 16,817 SF available for sale.
Property Size16,817 SF
Price / SF$243.80
Days on Market28
Property Features for 1010 East Rose Street
General Information
- Standard status
- Active
- Size
- 16,817 SF
- Property subtype
- Office
Listing agency
Boutique National, LLC (Bounat)
(813) 992-1989
Listed by
Estevan Lamas
Source
Bounat
Added: Jun 25 Updated: Jul 22 at 9:38AM Checked: Jul 22 at 9:38AM
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 Boutique National, LLC (Bounat)
Investment Insights
Based on property information with market context.
This for-sale office building totals 16,817 SF and offers a single consolidated asset for ownership. The property is presented as an office building within the commercial real estate category.
The asset is located at 1010 East Rose Street in Lakeland, Florida 33801. Addressed for prospective buyers and brokers seeking an office-use property in the Lakeland market.
The asset is located at 1010 East Rose Street in Lakeland, Florida 33801. Addressed for prospective buyers and brokers seeking an office-use property in the Lakeland market.
Key Highlights
- Office building for sale totaling 16,817 SF
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $353.2k | $21.00 |
| − Vacancy | −$77.7k | −$4.62 |
| EGI | $275.5k | $16.38 |
| − OpEx | −$68.9k | −$4.10 |
| NOI | $206.6k | $12.29 |
16,817 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.95M
$2.58M – $3.44M
NOI $206,597 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.04M
$3.54M – $4.71M
NOI $282,889 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Maleaha Davis
Foster Care Service
Children's Home Society ...
Social Service Agency
Sharalyn Vester
Counselor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building totaling 16,817 SF available for sale.
Where is this office building located?
The property is located at 1010 East Rose Street Lakeland, FL.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Office building for sale totaling 16,817 SF
