Professional Office
2920 Winter Lake Rd Lakeland, FL 33803
For Sale
Contact for pricing
Office building for sale featuring a total of 2,673 SF, suited for professional use in Lakeland, FL.
Property Size2,673 SF
Price / SF$222.60
Days on Market130
Property Features for 2920 Winter Lake Rd
General Information
- Standard status
- Active
- Size
- 2,673 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing Agency:
Broadway Real Estate Services
(863) 683-3425
Listed By:
Jack Strollo · License #Florida BK698301
Source:
Crexi
Added: Mar 16
Changed: Jul 23
Last Checked: Jul 23 at 4:53PM
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 Broadway Real Estate Services
Investment Insights
Based on property information with market context.
This offering is a 2,673 SF office building presented for sale. The property is positioned for professional use and is intended to support day-to-day office operations.
Located at 2920 Winter Lake Rd in Lakeland, Florida, the building benefits from a convenient local address within the market.
With its defined office configuration and total size of 2,673 SF, the property provides a straightforward option for an owner-occupant or an investor evaluating office real estate in Lakeland.
Located at 2920 Winter Lake Rd in Lakeland, Florida, the building benefits from a convenient local address within the market.
With its defined office configuration and total size of 2,673 SF, the property provides a straightforward option for an owner-occupant or an investor evaluating office real estate in Lakeland.
Key Highlights
- 2,673 SF office building for sale in Lakeland, FL
- Built in 1984
- Suited for professional use
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 | $56.1k | $21.00 |
| − Vacancy | −$12.3k | −$4.62 |
| EGI | $43.8k | $16.38 |
| − OpEx | −$10.9k | −$4.10 |
| NOI | $32.8k | $12.29 |
2,673 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$469.1K
$410.5K – $547.3K
NOI $32,838 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$642.3K
$562.1K – $749.4K
NOI $44,964 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Carroll Law Group, ...
Law Firm
FAQs
What type of property is this?
Office building - Office building for sale featuring a total of 2,673 SF, suited for professional use in Lakeland, FL.
Where is this office building located?
The property is located at 2920 Winter Lake Rd Lakeland, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,673 SF office building for sale in Lakeland, FL; Built in 1984; Suited for professional use
