Zoned Office Building with Fenced
313 W HIGHLAND DRIVE Lakeland, FL 33813
313 W HIGHLAND DRIVE, Lakeland, FL, 33813
$450,000
Pending
For Sale
$450,000
Pending
Office - LAKELAND, FL
Property Size1,655 SF
Lot Size0.34 Acres
Days on Market94
Property Features for 313 W HIGHLAND DRIVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- O-1
- Appliances
- Dishwasher, Refrigerator, Washer
- Standard status
- Pending
- APN
- 23-29-01-000000-021140
- Size
- 1,655 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 780.84
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1966
- Flooring type
- Carpet
- Building materials
- Block
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
REMAX EXPERTS
(863) 802-5262
439 S Florida Ave Suite 201,, Lakeland, FL
Listed by
Kara Severit · License #675865
(863) 802-5262
Added: Apr 18 Checked: Jul 20 at 11:06 am
MLS# L4961230
Listing URL
Copyright © 2026 Stellar MLS. 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 office-zoned property includes a main building with reliable air conditioning and a newer metal roof. Interior finishes feature beautiful hardwood floors in the kitchen and bathroom, with carpet in the remaining areas. The layout also includes a separate laundry area. An accessory building with electric service is included, along with a fully fenced yard designed for added on-site security.
The property is located in a prime area just off South Florida Avenue, offering convenient accessibility for everyday operations and client visits. The address is 313 W Highland Drive, Lakeland, FL 33813 in Polk County.
For tenants, buyers, or owner-users seeking an office setup with practical onsite amenities, this building provides core readiness through established HVAC and roof improvements, plus additional utility support via the electric accessory structure. The combination of office zoning and a fenced yard can help support a range of professional uses that require dependable building systems and a secure outdoor space.
The property is located in a prime area just off South Florida Avenue, offering convenient accessibility for everyday operations and client visits. The address is 313 W Highland Drive, Lakeland, FL 33813 in Polk County.
For tenants, buyers, or owner-users seeking an office setup with practical onsite amenities, this building provides core readiness through established HVAC and roof improvements, plus additional utility support via the electric accessory structure. The combination of office zoning and a fenced yard can help support a range of professional uses that require dependable building systems and a secure outdoor space.
Key Highlights
- Office‑use zoning
- Built in 1966 with block construction
- Newer metal roof plus central heating and central air
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 | $34.8k | $21.00 |
| − Vacancy | −$7.6k | −$4.62 |
| EGI | $27.1k | $16.38 |
| − OpEx | −$6.8k | −$4.10 |
| NOI | $20.3k | $12.29 |
1,655 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$290.5K
$254.2K – $338.9K
NOI $20,332 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$397.7K
$348.0K – $464.0K
NOI $27,840 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office-zoned property with reliable HVAC, a newer metal roof, and a fully fenced yard for secure operations.
Where is this office building located?
The property is located at 313 W HIGHLAND DRIVE Lakeland, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Office‑use zoning; Built in 1966 with block construction; Newer metal roof plus central heating and central air
