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Lakeland Warehouse and Office Buildings

3714 Dmg Dr Lakeland, FL 33811

3714 Dmg Dr, Lakeland, FL, 33811
$2,400,000
For Sale
Claim this Listing
$2,400,000

Two-building property with income potential near Lakeland Airport.

Property Size13,250 SF
Price / SF$181.13
AddedApr 9
Days on Market98
Last RefreshJul 4 at 10:11 pm

Property Features for 3714 Dmg Dr

General Information

Standard status
Active
Size
13,250 SF
Property subtype
Industrial

Building Details

Year Built
1984

Listing office SVN | Saunders Ralston Dantzler Real Estate

Listing date Apr 9, 2026

Source Thebrokerlist

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 SVN | Saunders Ralston Dantzler Real Estate


Investment Insights

Based on property information with market context.

This property in Lakeland, Florida, presents a value-add investment or owner-user opportunity. It features two buildings: a 7,000 ± SF warehouse and a 13,250 ± SF office building. The property offers immediate income potential from existing short-term leases. Some areas are not currently leased, creating an opportunity for investors to enhance returns or for an owner-user to secure occupancy. The property is located in one of Lakeland's desirable industrial trade areas, near the Lakeland Linder International Airport. The buildings share one electric meter, with 3-phase power and 600 total amps. The office spaces feature Class-B finishes and typical amenities. The warehouse is mostly dock-high, with a small portion at ground level, and includes a large covered storage area.

Key Highlights

  • Value‑add investment or owner‑user opportunity in a thriving Lakeland, Florida location.
  • Two buildings included: 7,000 ± SF warehouse and 13,250 ± SF office building.
  • Immediate income potential from existing short‑term leases.

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 $278.3k $21.00
− Vacancy −$61.2k −$4.62
EGI $217.0k $16.38
− OpEx −$54.3k −$4.10
NOI $162.8k $12.29
13,250 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.33M
$2.03M – $2.71M (±1% cap)
NOI $162,776 @ 7.0% cap · market cap 6.78%
Second Best
Mixed Use
$2.13M
$1.87M – $2.49M (±1% cap)
NOI $149,212 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$3.18M
$2.79M – $3.71M (±1% cap)
NOI $222,886 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Artomé Industrial Manufacturer

Suggested Use

Law Firm Furniture & Home Goods Grocery & Convenience Store Real Estate Agency Spa & Massage Center Restaurant Skin Care Clinic Computer & Electronic Repair Grocery & Convenience Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Two-building property with income potential near Lakeland Airport.
Where is this mixed-use property located?
The property is located at 3714 Dmg Dr Lakeland, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Value‑add investment or owner‑user opportunity in a thriving Lakeland, Florida location.; Two buildings included: **7,000 ± SF warehouse** and **13,250 ± SF office building**.; Immediate income potential from existing short‑term leases.
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