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Multi-Tenant Industrial Flex Building
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1714 S Combee Road, Lakeland, FL 33801

Small-bay industrial and office units with grade-level doors and up to 12-foot clear height for flexible tenant needs.

Property Size16,200 SF
Days on Market121

Property Features for 1714 S Combee Road

General Information

Standard status Active
Size 16,200 SF
Property subtype Industrial

Building Details

Building Size 16,200 SF

Properties For Sale

at 1714 S Combee Road
Unit 340
Size 4,000 SF
Type Flex Space
Term Negotiable
Contact us
Listing Agency: The Ruthvens, Inc.
Listed By: Abbas "AJ" Jaffer, MiCP · License #FL #SL3634234
Source: Ruthvens
Added: Jul 3 Changed: Oct 25 Last Checked: Oct 30 at 1:16PM

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.

Rey
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Investment Insights

Based on property information with market context.

This multi-tenant small-bay industrial and flex property includes a total of five units totaling 16,200 SF. The mix features one dedicated office and four industrial units, each providing grade-level door access plus an additional access door. Clear height reaches up to 12 feet, supporting a range of light industrial and warehousing uses within the existing building configuration.

The property is located in the East Lakeland industrial corridor. It sits in the LCC (Linear Commercial Corridor) zoning district and is described as being located between I-4 and Polk Parkway, supporting convenient regional access for tenants and customers.

With unit sizes ranging from 750 SF to 4,000 SF, the building can accommodate a variety of small-bay requirements. The LCC zoning allows industrial, commercial, and office uses, giving tenants flexibility in how they operate, whether they need warehouse-style space with direct grade-level access or a combination of office and industrial functionality.

Key Highlights

  • Multi‑tenant small‑bay industrial property totaling 16,200 SF across 5 units
  • Up to 12' clear height with at least one grade level door per unit plus an access door
  • Unit sizes range from 750 SF up to 4,000 SF, with 1 dedicated office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,283
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,660 $1.5M
Cap Rate 7%
$1,104,043 $1.1M
Cap Rate 9%
$858,700 $858.7K
Market Conditions
NOI Build-Up for 16,200 SF
Gross rent
$120.5K $7.44/SF
− Vacancy
−$10.1K −$0.62/SF
EGI
$110.4K $6.82/SF
− OpEx
−$33.1K −$2.04/SF
NOI
$77.3K $4.77/SF
Area
Lakeland, FL
Vacancy
8.40%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,660
Cap Rate 7%
$1,104,043
Cap Rate 9%
$858,700

Alternative Uses

Best Use
Flex RnD
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,188 @ 7.0% cap · market cap 10,102.90%
Second Best
Industrial
$1.10M
$966.0K – $1.29M (±1% cap)
NOI $77,283 @ 7.0% cap · market cap 8,955.16%
Theoretical Best
Office A
$3.89M
$3.41M – $4.54M (±1% cap)
NOI $272,510 @ 7.0% cap · market cap 31,577.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

St John's Builder's ... Construction Company

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Skin Care Clinic Accounting Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33801, FL

36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Lakeland, FL

7.6% 2019
4.9% 2020
5.9% 2021
3.8% 2022
6.3% 2023
8.9% 2024
6.7% 2025

Similar Off Market Nearby

  • BigBabyBitez — 3133 Ellis Ave, Lakeland, FL 33803
  • DWS Divas with Soul — Cinnamon Way W #1304, Lakeland, FL 33801

Frequently Asked Questions

What type of property is this?
Flex space - Small-bay industrial and office units with grade-level doors and up to 12-foot clear height for flexible tenant needs.
Where is this flex space located?
The property is located at 1714 S Combee Road Lakeland, FL.
What are key features of this property?
This property features: Multi‑tenant small‑bay industrial property totaling 16,200 SF across 5 units; Up to 12' clear height with at least one grade level door per unit plus an access door; Unit sizes range from 750 SF up to 4,000 SF, with 1 dedicated office
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