Avon Park Flex
1503 N Lake Ave, Avon Park, FL 33825
For Sale
Contact for pricing
12,000 SF multi-tenant flex warehouse in Avon Park, Florida.
Property Size12,000 SF
Lot Size0.98 Acres
Price / SF$0.07
Days on Market251
Property Features for 1503 N Lake Ave
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Properties For Sale
at 1503 N Lake Ave Contact us1501
Size
3,680 SF
Type
Flex Space
Term
Negotiable
1505
Size
1,300 SF
Type
Flex Space
Term
Negotiable
Listing Agency:
The Ruthvens, Inc.
Listed By:
Alex Delannoy, SIOR
(863) 250-2502
Source:
Ruthvens
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 14 at 6:02AM
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 The Ruthvens, Inc.
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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 12,000 square foot multi-tenant flex warehouse is located in Avon Park. The property, situated on a lot of less than 1 acre, is divided into four units. It features a storefront setup suitable for contractors, distributors, service companies, and light industrial users. The units have tall ceilings and air-conditioned offices and can be leased individually or combined. Additional yard space in the rear is available upon request. The property is located in the Avon Park industrial corridor and provides quick access to US Highway 27.
Key Highlights
- 12,000 SF multi‑tenant flex warehouse divisible into four units, offering flexible space options.
- High‑visibility storefront setup ideal for contractors, distributors, service companies, and light industrial users.
- Avon Park industrial corridor location with quick access to US Hwy 27.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,669
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,380
$1.4M
Cap Rate 7%
$1,023,843
$1.0M
Cap Rate 9%
$796,322
$796.3K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$108.0K $9.00/SF
− Vacancy
−$5.6K −$0.47/SF
EGI
$102.4K $8.53/SF
− OpEx
−$30.7K −$2.56/SF
NOI
$71.7K $5.97/SF
Area
Highlands County, FL
Vacancy
5.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,380
Cap Rate 7%
$1,023,843
Cap Rate 9%
$796,322
Alternative Uses
Best Use
Flex RnD
$1.13M
$988.1K – $1.32M
NOI $79,051 @ 7.0% cap
Second Best
Industrial
$1.02M
$895.9K – $1.19M
NOI $71,669 @ 7.0% cap
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M
NOI $174,758 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33825, FL
24,943
Population
12,519
Households
2
Avg Household Size
49
Median Age
13%
College-Educated
83%
High-School Grad
112.8 sq mi
ZIP Area
221
Density / Sq Mi
$46,604
Median Household Income
$32,352
Median Earnings
$902
Median Rent
$152,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Highlands County, FL
Properties on Market for Flex space in Highlands County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 12,000 SF multi-tenant flex warehouse in Avon Park, Florida.
Where is this flex space located?
The property is located at 1503 N Lake Ave Avon Park, FL.
What are key features of this property?
This property features: 12,000 SF multi‑tenant flex warehouse divisible into four units, offering flexible space options.; High‑visibility storefront setup ideal for contractors, distributors, service companies, and light industrial users.; Avon Park industrial corridor location with quick access to US Hwy 27.
