Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1503 N Lake Ave Avon Park, FL 33825

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    12,000 SF multi-tenant flex warehouse in Avon Park, Florida.

    We can help!

    Listing Contact
    Alex Delannoy, Sior
    Source: Ruthvens

    Listing Agent: Alex Delannoy, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Avon Park Flex Warehouse

    This 12,000 square foot multi-tenant flex warehouse is located in Avon Park. The property, situated on a lot of less than 1 acre, is divided into four units. It features a storefront setup suitable for contractors, distributors, service companies, and light industrial users. The units have tall ceilings and air-conditioned offices and can be leased individually or combined. Additional yard space in the rear is available upon request. The property is located in the Avon Park industrial corridor and provides quick access to US Highway 27.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Avon Park
    County
    Highlands
    State
    Florida
    Longitude
    -81.502525
    Latitude
    27.6142297

    Nearby Similar for Sale

    • $1,900,000
      16,202 SF

      Commercial Buildings in Growing Avon Park

      Three commercial buildings on 1.1 acres in vibrant Avon Park.
      43 E Main St, Avon Park, FL 33825
      View Details
    • $300,000
      13.42 Acres

      13.42 Acres of Grassy Land

      Open land ideal for grazing or raising livestock in Avon Park.
      790 Lake Lotela Dr, Avon Park, FL 33825
      View Details
    • $299,000
      7,600 SF

      Multi-Unit Industrial Property For Sale

      Multi-unit industrial property with warehouse space and development potential.
      500 S Lake Ave, Avon Park, FL 33825
      View Details
    • $1,099,000

      Restaurant Opportunity on US 27

      Restaurant property for sale in high-traffic Avon Park location.
      201 Us Highway 27 N, Avon Park, FL 33825
      View Details
    • $1,099,000

      Restaurant Opportunity on US 27

      Restaurant property for sale in Avon Park on US 27.
      201 Us Highway 27 S, Avon Park, FL 33825
      View Details
    • $300,000

      Industrial Site with Renovated Building

      1.15-acre industrial site with renovated building for sale.
      1087 Memorial Dr, Avon Park, FL 33825
      View Details
    • $5,995,000

      Avon Park Golf Course Opportunity

      Turn-key 18-hole golf course on 243 acres in Central Florida.
      4100 Carter Creek Dr, Avon Park, FL 33825
      View Details
    • $1,099,000

      Restaurant Opportunity on US 27

      Restaurant property for sale in high-traffic Avon Park location.
      201 Us Highway 27 S, Avon Park, FL 33825
      View Details
    • Contact for pricing
      0.47 Acres

      Residential Property in Avon Park, FL

      Residential property in a desirable Avon Park neighborhood.
      2948 W Beufort Rd, Avon Park, FL 33825
      View Details
    • $399,000

      Avon Park Lakes Ministry Property

      Spacious ministry property in Avon Park Lakes with flexible layout.
      2200 N Avon Blvd, Avon Park, FL 33825
      View Details
    • $999,900

      Prime Avon Park Office Building

      Historic Bank Building, High Potential
      2 Main St, Avon Park, FL 33825
      View Details
    • $2,300,000
      1.10 Acres

      Avon Park Office Land Investment

      Prime Main Street location, development potential.
      43 Main St, Avon Park, FL 33825
      View Details

    FAQs

    What type of property is this?
    Flex space - 12,000 SF multi-tenant flex warehouse in Avon Park, Florida.
    Where is this flex space located?
    The property is located at 1503 N Lake Ave Avon Park, FL.
    What are key features of this property?
    This property features: - 12,000 SF multi-tenant flex warehouse divisible into four units, offering flexible space options.; - High-visibility storefront setup ideal for contractors, distributors, service companies, and light industrial users.; - Avon Park industrial corridor location with quick access to US Hwy 27.
    (863) 250-2502
    Request Owner's contact information
    1503 N Lake Ave Avon Park, FL 33825
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1503 N Lake Ave
    Avon Park, FL 33825
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1503 N Lake Ave Avon Park, FL 33825
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alex Delannoy, Sior
    (863) 250-2502
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!