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Commercial Property with Office

2003 Dundee Road Winter Haven, FL 33884

2003 Dundee Road, Winter Haven, FL, 33884
$300,000
For Sale
$300,000

For-sale property includes an office space and a long-term tire shop tenant operating primarily from an adjacent lot.

Property Size1,670 SF
Price / SF$179.64
Days on Market405

Property Features for 2003 Dundee Road

General Information

Standard status
Active
Size
1,670 SF
Property subtype
Retail

Building Details

Year Built
1962
Listing agency KELLER WILLIAMS REALTY SMART 1
Listed by Anthony Medina · License #3307946
Source Xome
Added: Jun 13, 2025 Updated: Jul 21 at 6:52AM Checked: Jul 21 at 6:52AM

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 KELLER WILLIAMS REALTY SMART 1


Investment Insights

Based on property information with market context.

This commercial property offers a 50% ownership opportunity and includes an office space within the building. The adjacent lot is used primarily by an established tire shop tenant, and the tenant has been in place long-term.

The property is located at 2003 Dundee Road in Winter Haven, Florida, with visibility and traffic exposure cited in the remarks. Viewing requires an appointment and tenants should not be disturbed.

The combination of an on-site office component and the adjacent lot operation supports a straightforward income-producing setup under the current tenant arrangement.

Key Highlights

  • For‑sale commercial property on Dundee Rd in Winter Haven, FL (2003 Dundee Rd)
  • 50% ownership opportunity in an income‑producing commercial property
  • On‑site office space within the building

Local 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 $35.1k $21.00
− Vacancy −$7.7k −$4.62
EGI $27.4k $16.38
− OpEx −$6.8k −$4.10
NOI $20.5k $12.29
1,670 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$293.1K
$256.5K – $341.9K (±1% cap)
NOI $20,516 @ 7.0% cap · market cap 6.84%
Second Best
Retail
$267.9K
$234.4K – $312.6K (±1% cap)
NOI $18,754 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$401.3K
$351.2K – $468.2K (±1% cap)
NOI $28,092 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

corner tires center (Bike/Boat/Book/etc) Store Saborcito criollo Take-out & Catering

Suggested Use

Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center (Bike/Boat/Book/etc) Store Nail Salon Daycare Center Cafe & Coffee Shop Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Grease Monkey — 1950 Dundee Rd, Winter Haven, FL 33884
  • PTI Truck Services and Transport — 2500 dundee rd, winter haven, fl 33884
  • DJ's Tinting — 2100 Dundee Rd, Winter Haven, FL 33884
  • RVForce — 4950 Dundee Rd, Winter Haven, FL 33884
  • Winter Haven Auto Glass Anytime — 2401 Executive Rd, Winter Haven, FL 33884

FAQs

What type of property is this?
Auto shop - For-sale property includes an office space and a long-term tire shop tenant operating primarily from an adjacent lot.
Where is this auto shop located?
The property is located at 2003 Dundee Road Winter Haven, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: For‑sale commercial property on Dundee Rd in Winter Haven, FL (2003 Dundee Rd); 50% ownership opportunity in an income‑producing commercial property; On‑site office space within the building
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