Two-Unit Office
395 S Central Ave Bartow, FL 33830
395 S Central Ave, Bartow, FL, 33830
$2,500,000
For Sale
$2,500,000
Built in 2000, this 18,160 SF office building includes two versatile units and is zoned C-1.
Property Size18,160 SF
Price / SF$137.67
Days on Market29
Property Features for 395 S Central Ave
General Information
- Standard status
- Active
- Size
- 18,160 SF
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing agency
Steinbauer Associates Inc
(863) 608-1231
Listed by
Kyle Vreeland · License #BK3233818
Source
Steinbauer
Added: Jun 25 Updated: Jul 22 at 2:25PM Checked: Jul 22 at 2:25PM
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 Steinbauer Associates Inc
Investment Insights
Based on property information with market context.
A well-maintained office building built in 2000 offering a total of 18,160 SF across two units. The property is configured to provide separate spaces within one modern building, suited for tenants seeking flexible office or commercial use.
Located at 395 S Central Ave in Bartow, Florida, the building is positioned for visibility within the C-1 zoning district, which supports a range of commercial uses as determined by local regulations.
This two-unit layout offers practical flexibility for an owner seeking an office building with multiple spaces under one roof.
Located at 395 S Central Ave in Bartow, Florida, the building is positioned for visibility within the C-1 zoning district, which supports a range of commercial uses as determined by local regulations.
This two-unit layout offers practical flexibility for an owner seeking an office building with multiple spaces under one roof.
Key Highlights
- 18,160 SF modern office/commercial building in the Bartow area
- Built in 2000
- Includes 2 versatile units
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 | $381.4k | $21.00 |
| − Vacancy | −$83.9k | −$4.62 |
| EGI | $297.5k | $16.38 |
| − OpEx | −$74.4k | −$4.10 |
| NOI | $223.1k | $12.29 |
18,160 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.19M
$2.79M – $3.72M
NOI $223,096 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.36M
$3.82M – $5.09M
NOI $305,480 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Frost Law Firm, ...
Law Firm
Smith Victor R
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Built in 2000, this 18,160 SF office building includes two versatile units and is zoned C-1.
Where is this office units located?
The property is located at 395 S Central Ave Bartow, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 18,160 SF modern office/commercial building in the Bartow area; Built in 2000; Includes 2 versatile units
