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

    3125 Drane Field Rd Lakeland, FL 33811

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

    Industrial units with dock high doors near Lakeland Airport.

    Property Features for 3125 Drane Field Rd

    General Information

    Zoning
    PUD Industrial (Lakeland)

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Matt Ruthven, Ccim
    Matt Ruthven, Ccim
    Source: Ruthvens

    Listing Agent: Matt Ruthven, Ccim

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

    Learn more

    Overview

    Industrial Space Near Lakeland Airport

    This industrial property, situated in the active industrial hub of the Lakeland Linder International Airport, offers unit sizes ranging from 6,400 to 25,600 square feet. The property features dock high doors and a 22-foot clear height. It is equipped with a 120/280V, 3-phase electrical system and an ESFR sprinkler system. Additional truck parking spaces are available.
    Location Intelligence

    Current Use by Public Records

    Roadtex Transportation Freight Service Stryker Warehouse & Storage Omnia Inc Industrial Manufacturer Water Bottling Inc Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale Store Nail Salon Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

    Storage Zone Self Storage and Business Centers, Extra Space Storage, Coral Bargain Ware House, Store en Lakeland

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -82.0086404
    Latitude
    27.9983341

    Nearby Similar for Sale

    • $339,900
      Pending

      Retail Opportunity in South Lakeland

      High-visibility corner lot near Southgate Shopping Center.
      110 Easton Dr, Lakeland, FL 33803
      View Details
    • $829,000
      5,800 SF

      Warehouse and Office Space Available

      5,820 SF warehouse and office space in Lakeland, Florida.
      4459 Holden Rd, Lakeland, FL 33811
      View Details
    • $750,000
      8,591 SF

      Lakeland Assembly Building For Sale

      Income-producing property with development potential in Lakeland, Florida.
      4626 S Pipkin Rd, Lakeland, FL 33811
      View Details
    • $150,000
      3,600 SF

      Established Smoke Shop in Lakeland

      Turn-key smoke shop in high-traffic Lakeland corridor for sale.
      2810 Florida Ave S, Lakeland, FL 33803
      View Details
    • $560,000
      Pending

      Lakeland Retail Opportunity For Sale

      2,910 sq ft retail space on 0.45 acres.
      1605 W Memorial Blvd, Lakeland, FL 33815
      View Details
    • New
      $360,000
      1,768 SF

      Lakeland Duplex with Tenant Leases

      Well-maintained duplex in Lakeland with leases through 2026.
      1430 Moonlite Dr, Lakeland, FL 33801
      View Details
    • New
      $330,000
      1,568 SF

      Lakeland Duplex in Established Neighborhood

      Duplex with updated interiors near Downtown Lakeland.
      1438 Moonlite Dr, Lakeland, FL 33801
      View Details
    • New
      $199,000
      Pending

      Lakeland Mixed-Use Commercial Property

      Move-in ready office conversion with mixed-use potential on 0.26 acres.
      1628 E Gary Rd, Lakeland, FL 33801
      View Details
    • $1,299,500
      Pending

      Lakeland Mixed-Use Office/Warehouse Property

      8,750 SF office/warehouse with flexible space in Lakeland, FL.
      1512 E Gary Rd, Lakeland, FL 33801
      View Details
    • $439,900
      2,050 SF

      Lakeland Duplex with Income Potential

      South Lakeland duplex ideal for investors or owner-occupants.
      704 W Alamo Dr, Lakeland, FL 33813
      View Details
    • $1,500,000
      3,192 SF

      Turnkey Restaurant and Bakery Opportunity

      Restaurant and bakery in Lakeland, ready for immediate re-opening.
      830 E Main St, Lakeland, FL 33801
      View Details
    • $599,000
      0.46 Acres

      Lakeland Commercial Property Investment Opportunity

      Prime commercial property in Lakeland, ideal for investment or business.
      305 W Memorial Blvd, Lakeland, FL 33801
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial units with dock high doors near Lakeland Airport.
    Where is this warehouse located?
    The property is located at 3125 Drane Field Rd Lakeland, FL.
    What are key features of this property?
    This property features: - Dock high loading for efficient operations; - ESFR sprinkler system in place; - 22’ clear height
    (863) 686-3173
    Request Owner's contact information
    3125 Drane Field Rd Lakeland, FL 33811
    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.
    3125 Drane Field Rd
    Lakeland, FL 33811
    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
    3125 Drane Field Rd Lakeland, FL 33811
    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
    Matt Ruthven, Ccim
    Matt Ruthven, Ccim
    (863) 686-3173 (863) 581-4637
    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!