Manufacturing Facility with Crane
For Sale
$2,900,000
Pending
3145 Us Highway 92 E, Lakeland, FL 33801
GI-zoned industrial property includes production areas, office space, and covered outdoor work areas.
Property Size27,618 SF
Days on Market10
Property Features for 3145 Us Highway 92 E
General Information
Standard status
Pending
Size
27,618 SF
Zoning
GI
Taxes and HOA fees
Annual Taxes
$17,014
Amenities
employee break/training room
Concrete
true
1
Public Records
Public
2.7669
2.77
false
Paved
Concrete Perimeter
Street Paved,Divided Highway
27618
6
Building Details
Building Size
27,618 SF
Year Built
1965
Stories
1
Listing Agency:
CENTURY 21 MYERS REALTY
(352) 624-0935
Listed By:
Eric AciernoGibbs
Source:
Homerunrealtyteam
Added: Oct 20
Changed: Oct 28
Last Checked: Oct 28 at 3:28PM
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 CENTURY 21 MYERS REALTY
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Investment Insights
Based on property information with market context.
This manufacturing property includes multiple warehouse and production buildings, with clear-span interior space, oversized roll-up doors, and crane systems. Fabrication and welding areas are complemented by office space, an employee break and training room, and storage. Heavy-duty electrical infrastructure and covered outdoor work areas are also part of the facility. The property is fenced and includes yard and laydown space for outdoor operations. Truck access is provided, and the site is located on US Highway 92 E in Lakeland, Florida. The property is zoned GI and was built in 1965.
Key Highlights
- Multiple warehouse and production buildings
- Crane systems, oversized roll‑up doors, and heavy‑duty electrical infrastructure
- Dedicated fabrication and welding areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,106
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,822,120
$2.8M
Cap Rate 7%
$2,015,800
$2.0M
Cap Rate 9%
$1,567,844
$1.6M
Market Conditions
NOI Build-Up for 24,359 SF
Gross rent
$181.2K $7.44/SF
− Vacancy
−$15.2K −$0.62/SF
EGI
$166.0K $6.82/SF
− OpEx
−$24.9K −$1.02/SF
NOI
$141.1K $5.79/SF
Area
Lakeland, FL
Vacancy
8.40%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,822,120
Cap Rate 7%
$2,015,800
Cap Rate 9%
$1,567,844
Alternative Uses
Best Use
Warehouse
$2.02M
$1.76M – $2.35M
NOI $141,106 @ 7.0% cap · market cap 4.87%
Second Best
Industrial
$1.66M
$1.45M – $1.94M
NOI $116,205 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$5.85M
$5.12M – $6.83M
NOI $409,757 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Explore this area
Business Placement
Demographics for 33801, FL
36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Lakeland, FL
Frequently Asked Questions
What type of property is this?
Manufacturing property - GI-zoned industrial property includes production areas, office space, and covered outdoor work areas.
Where is this manufacturing property located?
The property is located at 3145 Us Highway 92 E Lakeland, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Multiple warehouse and production buildings; Crane systems, oversized roll‑up doors, and heavy‑duty electrical infrastructure; Dedicated fabrication and welding areas
