High-Traffic Retail Building For
For Sale
$1,499,999
1708 6TH SE STREET, Winter Haven, FL 33880
Retail building at a highly visible, busy Winter Haven intersection.
Property Size4,088 SF
Lot Size0.45 Acres
Price / SF$366.93
Days on Market590
Property Features for 1708 6TH SE STREET
General Information
Standard status
Active
Size
4,088 SF
Lot size
0.45 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1961
Listing Agency:
CENTURY 21 MYERS REALTY
(863) 651-4636
Listed By:
Karen Myers · License #683665
(863) 651-4636
Source:
Exitrealty
Added: Dec 17, 2024
Changed: Jul 6
Last Checked: Jul 30 at 4:27AM
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 CENTURY 21 MYERS REALTY
Investment Insights
Based on property information with market context.
This 4,088-square-foot building is situated at a prominent, high-traffic intersection in Winter Haven, Florida. The location, just off Cypress Gardens Boulevard and 6th Street SE, offers high visibility from all directions, enhanced by large, illuminated signage. The property is surrounded by shopping centers including Walmart, TJ Maxx, and Publix, as well as chain restaurants such as Chili's, Olive Garden, Red Lobster, and Outback. Winter Haven is experiencing rapid growth within Polk County, which is among the fastest-growing counties in Florida.
Key Highlights
- Located at a highly visible, heavily trafficked intersection.
- Features extra‑large, illuminated signage.
- Surrounded by major shopping centers (Walmart, TJMAXX, Publix).
Financial Insights For 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 | $71.1k | $17.40 |
| − Vacancy | −$5.5k | −$1.36 |
| EGI | $65.6k | $16.04 |
| − OpEx | −$19.7k | −$4.81 |
| NOI | $45.9k | $11.23 |
4,088 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$655.8K
$573.9K – $765.1K
NOI $45,908 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$982.4K
$859.6K – $1.15M
NOI $68,767 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 33880, FL
42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building at a highly visible, busy Winter Haven intersection.
Where is this retail space located?
The property is located at 1708 6TH SE STREET Winter Haven, FL.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Located at a highly visible, heavily trafficked intersection.; Features **extra‑large, illuminated signage**.; Surrounded by major shopping centers (Walmart, TJMAXX, Publix).