Freestanding Office
For Sale
$199,000
124 N 10TH, Haines City, FL 33844
Flexible commercial interiors with a solid block exterior and paved on-site parking.
Property Size768 SF
Days on Market47
Property Features for 124 N 10TH
General Information
Standard status
Active
Size
768 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,834
Building Details
Building Size
768 SF
Year Built
1985
Buildings
1
Construction
block
Listing Agency:
MILLSHIRE REALTY
Listed By:
Robert Miller, Jr · License #3177726
(863) 899-9324
Source:
Elliman
Added: Sep 6
Changed: Oct 13
Last Checked: Oct 20 at 7:18PM
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 MILLSHIRE REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial property includes a flexible interior configuration suited to office operations, with a solid block exterior and paved parking on site. Built in 1985, the property offers a defined commercial setting for professional space and other office-oriented uses supported by the existing layout.
The building is located at 124 N 10th Street in Haines City, with access to downtown, major roadways, shopping, dining, and surrounding businesses. Walk Score is 25, indicating a car-dependent setting, while Bike Score is 30, rated somewhat bikeable. The property’s central Haines City location and freestanding format provide a straightforward office asset with adaptable interior space.
The building is located at 124 N 10th Street in Haines City, with access to downtown, major roadways, shopping, dining, and surrounding businesses. Walk Score is 25, indicating a car-dependent setting, while Bike Score is 30, rated somewhat bikeable. The property’s central Haines City location and freestanding format provide a straightforward office asset with adaptable interior space.
Key Highlights
- Freestanding office property at 124 N 10th Street, Haines City, FL 33844
- Solid block exterior
- Paved parking on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,435
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,700
$188.7K
Cap Rate 7%
$134,786
$134.8K
Cap Rate 9%
$104,833
$104.8K
Market Conditions
NOI Build-Up for 768 SF
Gross rent
$16.1K $21.00/SF
− Vacancy
−$3.5K −$4.62/SF
EGI
$12.6K $16.38/SF
− OpEx
−$3.1K −$4.10/SF
NOI
$9.4K $12.29/SF
Area
Polk County, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,700
Cap Rate 7%
$134,786
Cap Rate 9%
$104,833
Alternative Uses
Best Use
Office B
$134.8K
$117.9K – $157.3K
NOI $9,435 @ 7.0% cap · market cap 4.74%
Second Best
Retail
$123.2K
$107.8K – $143.8K
NOI $8,625 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$184.6K
$161.5K – $215.3K
NOI $12,919 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 33844, FL
43,329
Population
22,018
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
84%
High-School Grad
97.2 sq mi
ZIP Area
446
Density / Sq Mi
$60,426
Median Household Income
$36,281
Median Earnings
$1,158
Median Rent
$212,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible commercial interiors with a solid block exterior and paved on-site parking.
Where is this office unit located?
The property is located at 124 N 10TH Haines City, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Freestanding office property at 124 N 10th Street, Haines City, FL 33844; Solid block exterior; Paved parking on site
