Industrial Flex
For Sale
$4,650,000
110 W Interlake Blvd, Lake Placid, FL 33852
Industrial zoning with water, sewer, and electric service supports a range of commercial uses.
Property Size50,309 SF
Price / SF$110.71
Days on Market47
Property Features for 110 W Interlake Blvd
General Information
Standard status
Active
Size
50,309 SF
Property subtype
Warehouse
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
Large Warehouse with Versatile Uses: Distribution, Storage, etc.
Rail Hook-Up Possibility
Possibility for an Investor or Owner Occupant to Purchase
New Roof (2016 - 15-YEar Warranty)
100% Sprinklered (2015)
Building Details
Building Size
50,309 SF
Year Built
1959
Listing Agency:
Tampa Office
Listed By:
Devin Guilliams · License #License(s): FL: SL3422521
(813) 387-4761
Source:
Marcusmillichap
Added: Sep 9
Changed: Oct 23
Last Checked: Oct 24 at 1:29PM
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 Tampa Office
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Investment Insights
Based on property information with market context.
This industrial flex property at 110 W Interlake Blvd offers a versatile commercial setting for warehouse, distribution, light manufacturing, and related operations. The site includes water, sewer, and electricity, supporting immediate use or future development within the property’s industrial zoning framework.
The property is located in Lake Placid, Florida, near U.S. Highway 27, with regional connections toward Sebring and Lake Wales. Its central Florida position provides access to surrounding commercial and transportation markets while retaining a smaller-market setting. The site also includes a generous lot area that can accommodate a range of commercial operations.
The property is located in Lake Placid, Florida, near U.S. Highway 27, with regional connections toward Sebring and Lake Wales. Its central Florida position provides access to surrounding commercial and transportation markets while retaining a smaller-market setting. The site also includes a generous lot area that can accommodate a range of commercial operations.
Key Highlights
- Industrial‑zoned flex space at 110 W Interlake Blvd
- Water, sewer, and electricity are available
- Suitable for warehouse, distribution, and light manufacturing uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$277,329
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,546,580
$5.5M
Cap Rate 7%
$3,961,843
$4.0M
Cap Rate 9%
$3,081,433
$3.1M
Market Conditions
NOI Build-Up for 42,000 SF
Gross rent
$342.7K $8.16/SF
− Vacancy
−$16.5K −$0.39/SF
EGI
$326.3K $7.77/SF
− OpEx
−$48.9K −$1.17/SF
NOI
$277.3K $6.60/SF
Area
Highlands County, FL
Vacancy
4.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,546,580
Cap Rate 7%
$3,961,843
Cap Rate 9%
$3,081,433
Alternative Uses
Best Use
Warehouse
$3.96M
$3.47M – $4.62M
NOI $277,329 @ 7.0% cap · market cap 5.96%
Second Best
Flex RnD
$3.95M
$3.46M – $4.61M
NOI $276,678 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$8.74M
$7.65M – $10.19M
NOI $611,654 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33852, FL
21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
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 Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial zoning with water, sewer, and electric service supports a range of commercial uses.
Where is this flex space located?
The property is located at 110 W Interlake Blvd Lake Placid, FL.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Industrial‑zoned flex space at 110 W Interlake Blvd; Water, sewer, and electricity are available; Suitable for warehouse, distribution, and light manufacturing uses
