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Two-Unit Office Building
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395 S Central Ave, Bartow, FL 33830

Two versatile office units in a modern building constructed in 2000, zoned C-1 for office or commercial use.

Property Size18,160 SF
Price / SF$137.67
Days on Market145

Property Features for 395 S Central Ave

General Information

Standard status Active
Size 18,160 SF
Property subtype OFFICE
Zoning C-1

Additional Details

Office Units 2

Building Details

Year Built 2000
Buildings 1
Building Size 18,160 SF
Listing Agency: Steinbauer Associates
Listed By: J. Kyle Vreeland · License #BK3233818
Source: Moodyscre
Added: Mar 10 Changed: Jul 31 Last Checked: Jul 31 at 6:49AM

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

Investment Insights

Based on property information with market context.

Two versatile office units in a modern office building totaling 18,160 SF, constructed in 2000. The configuration supports office or commercial use under C-1 zoning.

The property is located at 395 S Central Ave in Bartow, FL, with a prominent location that can support tenant visibility and accessibility.

For buyers seeking a small, purpose-built office setup, this two-unit configuration offers a manageable footprint with C-1 zoning to support a range of office and commercial applications.

Key Highlights

  • 18,160 SF modern office building with two versatile units
  • Constructed in 2000
  • Strategic C‑1 zoning for office or commercial use

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 (±1% cap)
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 (±1% cap)
NOI $305,480 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Frost Law Firm, ... Law Firm Smith Victor R Law Firm

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Computer & Electronic Repair Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby

Demographics for 33830, FL

29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two versatile office units in a modern building constructed in 2000, zoned C-1 for office or commercial use.
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 building with two versatile units; Constructed in 2000; Strategic C‑1 zoning for office or commercial use
(863) 608-1231 Call to check price and availability
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