Professional Office Building with Highway
For Sale
Contact for pricing
1062 US Highway 92nd W, Auburndale, FL 33823
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 Market34
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
Site & Location
Traffic Count
42,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
Fiber Connected
Brick Paver Parking
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: Aug 4 at 12:24PM
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
Current Use
Lease Details
42,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 33823, FL
33,733
Population
15,383
Households
2.2
Avg Household Size
42
Median Age
17%
College-Educated
86%
High-School Grad
34.9 sq mi
ZIP Area
967
Density / Sq Mi
$64,248
Median Household Income
$39,187
Median Earnings
$1,068
Median Rent
$234,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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
