Polk County Warehouse
For Sale
$12,000,000
315 Us Hwy 17 92, Davenport, FL 33837
Expansive industrial facility ideal for distribution, logistics, or manufacturing.
Property Size213,564 SF
Price / SF$56.19
Days on Market210
Property Features for 315 Us Hwy 17 92
General Information
Standard status
Active
Size
213,564 SF
Building Details
Year Built
1984
Listing Agency:
LoKation
Listed By:
Tzvi Schwartz · License #3537824
(617) 529-8455
Source:
Thepennteam
Added: Mar 27
Changed: Oct 12
Last Checked: Oct 7 at 3:47PM
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 LoKation
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Investment Insights
Based on property information with market context.
This expansive industrial facility, situated in Polk County, is suitable for distribution, logistics, manufacturing, or long-term storage. The warehouse features significant clear height, wide column spacing, and multiple loading options. The property is strategically located with convenient access to major highways and benefits from a strong local labor market. Ample parking and an efficient layout are present. This property is positioned for owner-users or investors seeking growth in a thriving industrial corridor, with exceptional potential for long-term value appreciation in one of Central Florida’s key industrial hubs. The property size is 213564 square feet and is located at 315 US Hwy 17 92, Davenport, FL 33837.
Key Highlights
- Excellent clear height and wide column spacing ideal for various industrial uses.
- Strategically located in Polk County with convenient access to major highways.
- Multiple loading options.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,018,813
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,376,260
$20.4M
Cap Rate 7%
$14,554,471
$14.6M
Cap Rate 9%
$11,320,144
$11.3M
Market Conditions
NOI Build-Up for 213,564 SF
Gross rent
$1.59M $7.44/SF
− Vacancy
−$133.5K −$0.62/SF
EGI
$1.46M $6.82/SF
− OpEx
−$436.6K −$2.04/SF
NOI
$1.02M $4.77/SF
Area
Polk County, FL
Vacancy
8.40%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,376,260
Cap Rate 7%
$14,554,471
Cap Rate 9%
$11,320,144
Alternative Uses
Best Use
Warehouse
$20.32M
$17.78M – $23.71M
NOI $1,422,646 @ 7.0% cap · market cap 11.86%
Second Best
Industrial
$14.55M
$12.74M – $16.98M
NOI $1,018,813 @ 7.0% cap · market cap 8.49%
Theoretical Best
Office A
$51.32M
$44.91M – $59.87M
NOI $3,592,488 @ 7.0% cap · market cap 29.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33837, FL
36,302
Population
19,082
Households
1.9
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
51.3 sq mi
ZIP Area
708
Density / Sq Mi
$75,861
Median Household Income
$39,246
Median Earnings
$1,739
Median Rent
$297,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Harbour Digital and Associates — 702 Tuscan Hills Blvd, Davenport, FL 33897
Frequently Asked Questions
What type of property is this?
Warehouse - Expansive industrial facility ideal for distribution, logistics, or manufacturing.
Where is this warehouse located?
The property is located at 315 Us Hwy 17 92 Davenport, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Excellent clear height and wide column spacing ideal for various industrial uses.; Strategically located in Polk County with convenient access to major highways.; Multiple loading options.
