Standalone Office Building with
For Sale
Contact for pricing
2920 Winter Lake Rd, Lakeland, FL 33803
Stand-alone office building with reception, conference room, six private offices, and potential to divide into two units.
Property Size2,673 SF
Price / SF$222.60
Days on Market115
Property Features for 2920 Winter Lake Rd
General Information
Standard status
Active
Size
2,673 SF
Total Parking Spaces
10
Property subtype
OFFICE
Listing Agency:
Broadway Real Estate Services
(863) 683-3425
Listed By:
Jack Strollo · License #FLORIDABK698301
Source:
Moodyscre
Added: Apr 7
Changed: Jul 27
Last Checked: Jul 27 at 9:18AM
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 well-appointed stand-alone office building offers a functional, efficient interior layout totaling 2,673 square feet. The space includes a reception and waiting areas, a conference room just off the lobby with wood floors and built-in cabinetry, an open work area with four cubicles, and six private offices. The configuration also supports dividing the space into two separate units, each with its own entrance and restrooms.
The property includes parking capacity for up to 10 vehicles, plus on-street parking with no cost.
With its mix of reception, conference, open work, and private office space, the building is suitable for a range of professional and administrative uses, and can be marketed either as a whole or as two independently accessible suites.
The property includes parking capacity for up to 10 vehicles, plus on-street parking with no cost.
With its mix of reception, conference, open work, and private office space, the building is suitable for a range of professional and administrative uses, and can be marketed either as a whole or as two independently accessible suites.
Key Highlights
- 2,673 SF stand‑alone office building with a functional layout for professional or administrative uses
- Reception and waiting areas, a conference room with wood floors and built‑in cabinetry
- Includes an open work area with four cubicles plus six private offices
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 33803, FL
29,082
Population
15,086
Households
1.9
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
16.6 sq mi
ZIP Area
1,752
Density / Sq Mi
$63,180
Median Household Income
$40,358
Median Earnings
$1,337
Median Rent
$236,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Stand-alone office building with reception, conference room, six private offices, and potential to divide into two units.
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 stand‑alone office building with a functional layout for professional or administrative uses; Reception and waiting areas, a conference room with wood floors and built‑in cabinetry; Includes an open work area with four cubicles plus six private offices
