1231 Lakeland Hills Boulevard LAKELAND Lakeland, FL 33805
Corner medical office building zoned C-2, across from Lakeland Regional Medical Center with updated roof and HVAC.
Property Features for 1231 Lakeland Hills Boulevard LAKELAND
General Information
- Standard status
- Active
- Size
- 3,689 SF
- Lot size
- 0.50 Acres
Building Details
- Year Built
- 1953
Listing office (904) 569-5862
Listing date Jun 30, 2026
Source Movetojacksonville
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All listing content including descriptions, pricing, images are the copyrighted material of Barbara Brittingham
Investment Insights
Based on property information with market context.
The site is located directly across from Lakeland Regional Medical Center, including the Carol Jenkins Barnett Women’s Pavilion, with proximity to the hospital helipad. The arrangement offers strong visibility for a healthcare-focused tenant or operator and room to plan building and parking needs on the corner location.
Zoned C-2, the property can accommodate a range of medical and professional uses, including a walk-in clinic, doctor’s office, imaging center, pharmacy, or outpatient surgery center. With its existing healthcare-oriented configuration and multiple private and common work areas, it offers a practical framework for an operator looking to establish a facility near a major hospital campus.
Key Highlights
- Corner commercial property (2 lots) with 75 x 130 dimensions on a 0.26‑acre site
- Single‑story building totaling 3,689 SF, foundation type: block
- Zoned C‑2 and located directly across from Lakeland Regional Medical Center, including the Women’s Pavilion and hospital helipad
Local Financial Insights For Specialty Retail
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 | $68.6k | $18.60 |
| − Vacancy | −$4.7k | −$1.26 |
| EGI | $63.9k | $17.34 |
| − OpEx | −$16.0k | −$4.33 |
| NOI | $48.0k | $13.00 |
