Prime Location in Winter
2701 Havendale Blvd NW, Winter Haven, FL 33881
Nearly 3-acre property ideal for office, retail, or medical.
Type:Industrial, Mixed Use, Office, Retail
Property size:
14,413 SFLot size:
3.00 AcresPrice / SF:
$221/SF- Added:
- Aug 3, 2024
- Days on Market:
- 667
- Last Refresh:
- May 13 at 8:22 pm
Property Features for 2701 Havendale Blvd NW
General Information
- Standard status
- Active
- Size
- 14,413 SF
- Lot size
- 3.00 Acres
- Property subtype
- Industrial, Mixed Use, Office, Retail
Building Details
- Year Built
- 1977
Listing agent Jeff INman License #BK 3365929
Listing office FHG Realty
Listing date Aug 3, 2024
Source Crexi
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 FHG Realty
HighLights
- Prime location suitable for office, retail, medical, or hotel development.
- Nearly 3 acres of land with ample parking and room for expansion.
- Well‑maintained building with a brand‑new roof installed in 2022.
- Close proximity to Downtown Winter Haven and Auburndale.
- Opportunity to purchase the existing business and inventory separately.
- Existing building structure built in 1977.
Overview
This nearly 3-acre property in Winter Haven is suited for a large-scale office building, retail establishment, medical facility, or even a hotel. The building is well-maintained, with a new roof installed in 2022. Ample parking spaces are available with room for expansion. The property is in close proximity to Downtown Winter Haven and Auburndale. The sale encompasses the property and the building structure. The owner is open to discussing the sale of the business and its inventory at an extra cost. The building size is 14,413 square feet.
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 | $302.7k | $21.00 |
| − Vacancy | −$66.6k | −$4.62 |
| EGI | $236.1k | $16.38 |
| − OpEx | −$59.0k | −$4.10 |
| NOI | $177.1k | $12.29 |
14,413 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.53M
$2.21M – $2.95M
NOI $177,064 @ 7.0% cap · market cap 5.53%
Second Best
Mixed Use
$2.32M
$2.03M – $2.71M
NOI $162,308 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,450 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Hillman Motors
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Winter Haven
- County
- Polk
- State
- Florida
- Longitude
- -81.7609114
- Latitude
- 28.0473214
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Nearly 3-acre property ideal for office, retail, or medical.
Where is this mixed-use property located?
The property is located at 2701 Havendale Blvd NW Winter Haven, FL.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: Prime location suitable for office, retail, medical, or hotel development.; Nearly 3 acres of land with ample parking and room for expansion.; Well‑maintained building with a brand‑new roof installed in 2022.
