Prime Retail Condo on US
1350 N BROADWAY Ave Bartow, FL 33830
1350 N BROADWAY Ave, Bartow, FL, 33830
$3,160,000
For Sale
$3,160,000
Highly visible commercial condo in Bartow's thriving shopping plaza.
Property Size23,591 SF
Price / SF$133.95
Days on Market94
Property Features for 1350 N BROADWAY Ave
General Information
- Standard status
- Active
- Size
- 23,591 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing Agency
VILLAGE REALTY OF WINTER HAVEN
(727) 612-0375
Listed by
Nancy Cini · License #3268331
(727) 612-0375
Source
Elliman
Added: Apr 15 Checked: Jul 17 at 4:01 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 VILLAGE REALTY OF WINTER HAVEN
Investment Insights
Based on property information with market context.
This commercial condominium is located along US Highway 98 in Bartow, within a fully occupied shopping plaza. The 23,591± square foot space is currently occupied by a furniture retailer that will vacate upon sale, delivering the property ready for redevelopment. The property features a flexible layout, one roll-up bay door, and two restroom areas. It is suited for medical, government, professional services, retail, or showroom concepts. The plaza offers shared parking. The location on US Hwy 98 and tenant mix create an environment for businesses seeking visibility and accessibility. The property is located within a CRA district, providing potential Community Redevelopment Area incentives and credits for qualifying users. The location benefits from exposure and consistent daily traffic, surrounded by national and local neighbors including a jewelry store, Dollar Tree, a diner, Dunkin’ Donuts, a bank, and a Tesla Supercharger station. The bike score is 37, indicating it is somewhat bikeable, and the walk score is 30, indicating it is car-dependent.
Key Highlights
- High‑visibility location on US Highway 98 in a fully occupied shopping plaza.
- Large 23,591± square foot space, ready for immediate redevelopment.
- Surrounded by strong national and local tenants (Dollar Tree, Dunkin’ Donuts, Tesla Supercharger).
Local 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 | $410.5k | $17.40 |
| − Vacancy | −$32.0k | −$1.36 |
| EGI | $378.5k | $16.04 |
| − OpEx | −$113.5k | −$4.81 |
| NOI | $264.9k | $11.23 |
23,591 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.78M
$3.31M – $4.42M
NOI $264,926 @ 7.0% cap · market cap 8.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.67M
$4.96M – $6.61M
NOI $396,838 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
FTGU Fitness
Gym & Fitness Center
Badcock Home Furniture ...
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Highly visible commercial condo in Bartow's thriving shopping plaza.
Where is this retail space located?
The property is located at 1350 N BROADWAY Ave Bartow, FL.
What is the asking price?
The asking price for this property is $3,160,000.
What are key features of this property?
This property features: High‑visibility location on US Highway 98 in a fully occupied shopping plaza.; Large 23,591± square foot space, ready for immediate redevelopment.; Surrounded by strong national and local tenants (Dollar Tree, Dunkin’ Donuts, Tesla Supercharger).
