Two-Unit Office
For Sale
$2,500,000
395 S Central Ave, Bartow, FL 33830
Built in 2000, this 18,160 SF office building includes two versatile units and is zoned C-1.
Property Size18,160 SF
Price / SF$137.67
Days on Market38
Property Features for 395 S Central Ave
General Information
Standard status
Active
Size
18,160 SF
Property subtype
Office
Zoning
C-1
Building Details
Year Built
2002
Listing Agency:
Steinbauer Associates
(863) 608-1231
Listed By:
Kyle Vreeland · License #BK3233818
Source:
Steinbauer
Added: Jun 25
Changed: Jul 22
Last Checked: Aug 1 at 3:09AM
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 Steinbauer Associates
Investment Insights
Based on property information with market context.
A well-maintained office building built in 2000 offering a total of 18,160 SF across two units. The property is configured to provide separate spaces within one modern building, suited for tenants seeking flexible office or commercial use.
Located at 395 S Central Ave in Bartow, Florida, the building is positioned for visibility within the C-1 zoning district, which supports a range of commercial uses as determined by local regulations.
This two-unit layout offers practical flexibility for an owner seeking an office building with multiple spaces under one roof.
Located at 395 S Central Ave in Bartow, Florida, the building is positioned for visibility within the C-1 zoning district, which supports a range of commercial uses as determined by local regulations.
This two-unit layout offers practical flexibility for an owner seeking an office building with multiple spaces under one roof.
Key Highlights
- 18,160 SF modern office/commercial building in the Bartow area
- Built in 2000
- Includes 2 versatile units
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 | $381.4k | $21.00 |
| − Vacancy | −$83.9k | −$4.62 |
| EGI | $297.5k | $16.38 |
| − OpEx | −$74.4k | −$4.10 |
| NOI | $223.1k | $12.29 |
18,160 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.19M
$2.79M – $3.72M
NOI $223,096 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.36M
$3.82M – $5.09M
NOI $305,480 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Built in 2000, this 18,160 SF office building includes two versatile units and is zoned C-1.
Where is this office units located?
The property is located at 395 S Central Ave Bartow, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 18,160 SF modern office/commercial building in the Bartow area; Built in 2000; Includes 2 versatile units
