Renovated Corner Office
1233 Bartow Road Lakeland, FL 33801
1233 Bartow Road, Lakeland, FL, 33801
$479,000
For Sale
$479,000
Move-in-ready office building with updated HVAC, roof, and flexible interior layout for professional service tenants.
Property Size1,470 SF
Price / SF$325.85
Days on Market37
Property Features for 1233 Bartow Road
General Information
- Standard status
- Active
- Size
- 1,470 SF
- Property subtype
- Office
Building Details
- Year Built
- 1959
Listing Agency
SERHANT
(646) 480-7665
Listed by
Elizabeth Willers · License #3283525
Source
Xome
Added: Jun 11 Checked: Jul 16 at 11:52 am
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 SERHANT
Investment Insights
Based on property information with market context.
This fully renovated office building offers a bright, open-concept interior configured with 6 desks, plus a private manager’s office that can be used as flexible additional space. The property includes a spacious lounge area suitable for a conference table and room for a potential translucent partition wall to create a more private meeting space. Updates described in the marketing include a new metal roof, new HVAC system, new flooring, new lighting, fresh interior and exterior paint, an updated bathroom, and a renovated kitchen with eat-in seating.
The building sits on a signalized corner lot along a high-traffic corridor, providing prominent visibility for signage and branding. Parking is a major part of the offering, with 6 assigned spaces along with additional driveway parking and tandem side-lot parking for staff and clients.
The current configuration supports professional and service-based uses such as insurance, medical, legal, accounting, and real estate, along with other office-driven businesses that benefit from a reception/desk-based setup and a separate manager or flex room. The updated finishes and ready-to-occupy layout are well suited for an owner-operator or buyer looking for a streamlined move-in office environment.
The building sits on a signalized corner lot along a high-traffic corridor, providing prominent visibility for signage and branding. Parking is a major part of the offering, with 6 assigned spaces along with additional driveway parking and tandem side-lot parking for staff and clients.
The current configuration supports professional and service-based uses such as insurance, medical, legal, accounting, and real estate, along with other office-driven businesses that benefit from a reception/desk-based setup and a separate manager or flex room. The updated finishes and ready-to-occupy layout are well suited for an owner-operator or buyer looking for a streamlined move-in office environment.
Key Highlights
- Fully renovated office building with central air; interior configured with 6 desks and a private manager’s office
- Recent upgrades include a new metal roof, new HVAC system, new flooring, new lighting, and fresh interior and exterior paint
- Versatile layout with bright, open‑concept work area, plus a lounge area with room for a conference table
Local Financial Insights For Office B
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 | $30.9k | $21.00 |
| − Vacancy | −$6.8k | −$4.62 |
| EGI | $24.1k | $16.38 |
| − OpEx | −$6.0k | −$4.10 |
| NOI | $18.1k | $12.29 |
1,470 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$258.0K
$225.7K – $301.0K
NOI $18,059 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.3K
$309.1K – $412.1K
NOI $24,728 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Simily Insurance
Insurance Agency
Asegurando a mi raza
Insurance Agency
David Weeks Plumbing
Plumbing Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Move-in-ready office building with updated HVAC, roof, and flexible interior layout for professional service tenants.
Where is this office building located?
The property is located at 1233 Bartow Road Lakeland, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Fully renovated office building with central air; interior configured with 6 desks and a private manager’s office; Recent upgrades include a new metal roof, new HVAC system, new flooring, new lighting, and fresh interior and exterior paint; Versatile layout with bright, open‑concept work area, plus a lounge area with room for a conference table
