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

    340 Farnol St SW Winter Haven, FL 33880

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18,000 /Mo

    Warehouse storage with private entrance and fenced yard near downtown.

    Lot size:
    0.20 Acres

    Property Features for 340 Farnol St SW

    General Information

    Property type
    Industrial
    Standard status
    Active
    Lot size
    0.20 Acres

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Charmagne Chappell
    Source: Elliman

    Listing Agent: Charmagne Chappell

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

    Learn more

    Overview

    Warehouse Storage Space For Rent

    This warehouse storage space measures 50' x 48' and is intended for storage purposes only. It features a 12' garage door, a private entrance, and a carport cover suitable for two automobiles. The property includes a fenced yard and is conveniently located near downtown Winter Haven. The listing agent is the owner of the property.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    Park Drive Storage, Longyard's Storage Winterhaven, Self Storage, Crown Information Management, The Extra Closet

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.7343747
    Latitude
    28.0181307

    Nearby Similar for Lease

    • New
      $2,000 /Mo
      1,298 SF

      Updated Office Building with Parking

      Move-in ready office building in Winter Haven, Florida.
      139 Avenue C SW, Winter Haven, FL 33880
      View Details
    • $2,495 /Mo
      1,444 SF

      Downtown Winter Haven Office Opportunity

      Prime commercial space in a growing business district.
      511 Avenue G NW, Winter Haven, FL 33881
      View Details
    • $2,800 /Mo
      2,302 SF

      Corner Commercial Building in Winter Haven

      Versatile commercial building with high visibility and flexible interior space.
      2595 Avenue G NW, Winter Haven, FL 33880
      View Details
    • $3,750 /Mo
      2,500 SF

      Renovated Office Building in Winter Haven

      Renovated office building with multiple offices and parking.
      725 W Central Ave, Winter Haven, FL 33880
      View Details
    • Sponsored
      Contact for pricing

      FL, Winter Haven - 316 Avenue

      Discover many ways to work your way in Boise Downtown
      316 Avenue A, Winter Haven, FL 33881
      View Details
    • $6,660 /Mo

      Downtown Winter Haven Office Space

      Office suites available in a secured downtown Winter Haven building.
      141 W Central Ave, Winter Haven, FL 33880
      View Details
    • $22,020

      Winter Haven Office Space Available

      2,200 SF office space for rent in Winter Haven.
      3601 Cypress Gardens Rd, Winter Haven, FL 33884
      View Details
    • $21,600

      Winter Haven Office Space Available

      Open office space with large offices and corridor/lobby area.
      375 Central Ave, Winter Haven, FL 33880
      View Details
    • $21,600

      Charming Office Building Near Downtown

      Rehabbed office space near downtown Winter Haven, ideal for boutiques.
      144 Avenue B SW, Winter Haven, FL 33880
      View Details
    • $47,060

      Downtown Winter Haven Retail Space

      Prime retail space in thriving downtown Winter Haven, Florida.
      324 4Th St NW, Winter Haven, FL 33881
      View Details
    • $36,000

      Office Space Mixed Use Property

      Office and mixed-use space available for rent.
      626 Avenue A SW, Winter Haven, FL 33880
      View Details
    • $16 SF/Yr

      Retail, Office & Medical Space

      Class A space in Winter Haven's growing commercial corridor.
      5535 Cypress Gardens Blvd, Winter Haven, FL 33884
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse storage with private entrance and fenced yard near downtown.
    Where is this warehouse located?
    The property is located at 340 Farnol St SW Winter Haven, FL.
    What is the lease rate?
    The lease rate is $18,000 /Mo.
    What are key features of this property?
    This property features: - 50' x 48' Warehouse Storage Space; - Private Entrance; - 12' Garage Door for easy access
    (863) 206-4000
    Request Owner's contact information
    340 Farnol St SW Winter Haven, FL 33880
    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.
    340 Farnol St SW
    Winter Haven, FL 33880
    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
    340 Farnol St SW Winter Haven, FL 33880
    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
    Charmagne Chappell
    Real Estate License ID: 468431
    (863) 206-4000 (863) 299-8011
    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!