Professional Office Building with Highway
1062 US Highway 92nd W Auburndale, FL 33823
For Sale
Contact for pricing
7,520 SF office building set on 5.83 acres with brick paver parking and fiber connectivity along US Highway 92.
Property Size7,520 SF
Lot Size5.83 Acres
Price / SF$199.47
Days on Market28
Property Features for 1062 US Highway 92nd W
General Information
Standard status
Active
Size
7,520 SF
Lot size
5.83 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Broadway Real Estate Services
(863) 683-3425
Listed By:
Jack Strollo · License #FLORIDABK698301
Source:
Moodyscre
Added: Jul 3
Changed: Jul 26
Last Checked: Jul 29 at 3:56PM
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 Broadway Real Estate Services
Investment Insights
Based on property information with market context.
A 7,520 SF professional office building situated on 5.83 acres, offering versatile space for uses including corporate headquarters, medical office, professional services, government, and financial services. The property features brick paver parking and is fiber connected.
The building has frontage on US Highway 92, a high-profile divided highway providing visibility. Average daily traffic is reported at 42,500 vehicles, with SR 570 ADDT at 45,700, and the site is approximately within one and a half miles of the Polk Parkway (SR 570) interchange.
Parcel No. is 25-28-17-000000-031020.
The building has frontage on US Highway 92, a high-profile divided highway providing visibility. Average daily traffic is reported at 42,500 vehicles, with SR 570 ADDT at 45,700, and the site is approximately within one and a half miles of the Polk Parkway (SR 570) interchange.
Parcel No. is 25-28-17-000000-031020.
Key Highlights
- 7,520 SF professional office building on 5.83 acres
- High‑profile US Highway 92 frontage on a divided highway
- 42,500 AADT; SR 570 ADT 45,700
Financial Insights For Healthcare Medical
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 | $176.0k | $23.40 |
| − Vacancy | −$18.5k | −$2.46 |
| EGI | $157.5k | $20.94 |
| − OpEx | −$63.0k | −$8.38 |
| NOI | $94.5k | $12.57 |
7,520 SF · lease $23.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.35M
$1.18M – $1.57M
NOI $94,495 @ 7.0% cap · market cap 6.30%
Second Best
Office B
$1.32M
$1.15M – $1.54M
NOI $92,383 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,498 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 7,520 SF office building set on 5.83 acres with brick paver parking and fiber connectivity along US Highway 92.
Where is this office building located?
The property is located at 1062 US Highway 92nd W Auburndale, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7,520 SF professional office building on 5.83 acres; High‑profile US Highway 92 frontage on a divided highway; 42,500 AADT; SR 570 ADT 45,700
