Flex Space with Air-Conditioned
For Sale
$5,500,000
3025 WHITTEN RD, Lakeland, FL 33811
COMMERCIAL - Lakeland, FL
Property Size22,500 SF
Lot Size1.88 Acres
Price / SF$244.44
Days on Market110
Property Features for 3025 WHITTEN RD
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
45
Parking features
Assigned
Subdivision
5940 Florida Other
Standard status
Active
APN
232831138048000042
Lot size
1.88 Acres
Taxes and HOA fees
Tax Description
COUNTY LINE INDUSTRIAL PARK PHASE ONE PB 88 PG 4 LYING IN A PORTION OF SECS 30 & 31 T28S R23E A PT OF LOT 4 AS DESC: COMM SELY COR OF LOT 4
Legal Description
COUNTY LINE INDUSTRIAL PARK PHASE ONE PB 88 PG 4 LYING IN A PORTION OF SECS 30 & 31 T28S R23E A PT OF LOT 4 AS DESC: COMM SELY COR OF LOT 4
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
LED lights
Building Details
Floors in Building
1
Number of units
1
Building materials
Block
Roof type
Metal
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Abraham Benalloul · License #3552588
(917) 853-0077
Added: Apr 13
Changed: Jul 30
Last Checked: Jul 31 at 7:06PM
MLS# A11999647
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex space totals 22,500 SF, including 4,350 SF of modern and renovated office and 18,150 SF of air-conditioned warehouse with a 2,000 SF mezzanine. The warehouse features a 24' clear height, sprinkler system, and LED lights, with 3 phase power available. Loading is supported by 4 dock high doors and 2 ramp access points.
The property includes approximately 7,000 SF of yard storage behind the building and provides a total of 45 parking spaces on site, with truck parking available nearby. Cooling is listed as central air, and heating is electric with central heating.
A former 6,000 SF cold storage/freezer area remains on site, with wall panels and cooling equipment still in place, though repairs or replacement will be needed to return it to a functional cold storage setup. The building is constructed with block materials and has a metal roof.
The property includes approximately 7,000 SF of yard storage behind the building and provides a total of 45 parking spaces on site, with truck parking available nearby. Cooling is listed as central air, and heating is electric with central heating.
A former 6,000 SF cold storage/freezer area remains on site, with wall panels and cooling equipment still in place, though repairs or replacement will be needed to return it to a functional cold storage setup. The building is constructed with block materials and has a metal roof.
Key Highlights
- 22,500 SF flex space with 4,350 SF renovated office and 18,150 SF air‑conditioned warehouse
- 2,000 SF mezzanine in the warehouse
- 24' clear height with sprinkler system and LED lights
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 | $472.5k | $21.00 |
| − Vacancy | −$104.0k | −$4.62 |
| EGI | $368.6k | $16.38 |
| − OpEx | −$92.1k | −$4.10 |
| NOI | $276.4k | $12.29 |
22,500 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.95M
$3.46M – $4.61M
NOI $276,413 @ 7.0% cap · market cap 5.03%
Second Best
Warehouse
$1.86M
$1.63M – $2.17M
NOI $130,338 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$5.41M
$4.73M – $6.31M
NOI $378,486 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33811, FL
24,249
Population
10,869
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
91%
High-School Grad
26.9 sq mi
ZIP Area
901
Density / Sq Mi
$85,821
Median Household Income
$46,879
Median Earnings
$1,256
Median Rent
$289,800
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?
Flex space - Flex space offering air-conditioned warehouse with mezzanine office and 4 dock-high doors plus ramp access.
Where is this flex space located?
The property is located at 3025 WHITTEN RD Lakeland, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 22,500 SF flex space with 4,350 SF renovated office and 18,150 SF air‑conditioned warehouse; 2,000 SF mezzanine in the warehouse; 24' clear height with sprinkler system and LED lights
