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High-Visibility Corner Retail/Office Building
For Sale
$649,500

109 W BRIDGERS AVE, Auburndale, FL 33823

Large open interior with multiple rooms and existing HVAC, with ample paved parking on a corner lot.

Property Size4,180 SF
Days on Market125

Property Features for 109 W BRIDGERS AVE

General Information

Standard status Active
Size 4,180 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $6,065

Building Details

Building Size 4,180 SF
Year Built 1958
Listing Agency: CENTURY 21 MYERS REALTY
Listed By: Tony Acosta · License #3589261
Source: Kingofrealestate
Added: Jun 22 Changed: Oct 8 Last Checked: Oct 23 at 1:03PM

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 CENTURY 21 MYERS REALTY

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Investment Insights

Based on property information with market context.

This versatile commercial property offers a large open interior layout along with multiple rooms and existing HVAC infrastructure. The flexible floor plan is designed to support a range of community and business uses, with expansive gathering areas intended to accommodate different setups and customization needs.

Located at 109 W Bridgers Ave in Auburndale, FL, the building sits on a high-visibility corner lot with excellent access. The property also features ample paved parking, supporting convenient arrival and operations for occupants and visitors.

Overall, the combination of an open interior, multiple usable rooms, and on-site HVAC makes the space adaptable for retail, office, church, event space, community center, or other redevelopment concepts.

Key Highlights

  • High‑visibility corner lot with ample paved parking and strong access
  • Large open interior layout with multiple rooms for flexible use
  • Existing HVAC infrastructure supports a range of applications

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,941
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,820 $938.8K
Cap Rate 7%
$670,586 $670.6K
Cap Rate 9%
$521,567 $521.6K
Market Conditions
NOI Build-Up for 4,180 SF
Gross rent
$72.7K $17.40/SF
− Vacancy
−$5.7K −$1.36/SF
EGI
$67.1K $16.04/SF
− OpEx
−$20.1K −$4.81/SF
NOI
$46.9K $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%
$938,820
Cap Rate 7%
$670,586
Cap Rate 9%
$521,567

Alternative Uses

Best Use
Retail
$670.6K
$586.8K – $782.4K (±1% cap)
NOI $46,941 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$878.9K – $1.17M (±1% cap)
NOI $70,314 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Churches & religious facilities

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Dental Office Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 36% Electronics 1%
SONIC Drive In Dining
15,391 visits/mo 0.3 miles
7-Eleven Shops & Services
13,568 visits/mo 0.2 miles
Checkers Dining
8,843 visits/mo 0.4 miles
Hardee's Dining
7,935 visits/mo 0.2 miles
Beef 'O' Brady's Dining
7,554 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Church & religious facility - Large open interior with multiple rooms and existing HVAC, with ample paved parking on a corner lot.
Where is this church & religious facility located?
The property is located at 109 W BRIDGERS AVE Auburndale, FL.
What is the asking price?
The asking price for this property is $649,500.
What are key features of this property?
This property features: High‑visibility corner lot with ample paved parking and strong access; Large open interior layout with multiple rooms for flexible use; Existing HVAC infrastructure supports a range of applications
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