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    South Lakeland Office Building Title is generated by Realmo AI

    4927 SOUTHFORK Dr, Lakeland, FL 33813

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    New
    For Sale
    $995,000

    Well-cared-for office building with private offices, conference rooms, and shared kitchen facilities.

    Type:Commercial
    Property size:
    5,200 SF
    Price / SF:
    $191/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 4:29 am

    Property Features for 4927 SOUTHFORK Dr

    General Information

    Standard status
    Active
    Size
    5,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1982

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    Listing Contact
    Shawn McDonald
    Shawn McDonald

    Listing agent Shawn McDonald License #3079246

    Listing office SHAWN R MCDONALD REALTYGRP INC

    Listing date Jun 3, 2026

    Source Elliman

    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 SHAWN R MCDONALD REALTYGRP INC

    HighLights

    • Office building built in 1982 with over 5,200 SF of space
    • Owner plans to lease back approximately 2,600 SF +/- of occupied space
    • Available layout includes private offices; number of offices and space size are negotiable to fit the new owner’s needs
    • Includes two conference rooms and a full kitchen
    • Has 4 private bathrooms
    • See floor plan for the building layout

    Overview

    This well-cared-for office building offers more than 5,200 SF and includes private offices, two conference rooms, a full kitchen, and multiple private bathroom areas. The building layout is available via floor plan, and the configuration of the available space and number of private offices can be negotiated based on the new owner’s needs and lease-back terms.

    The property is offered for sale at 4927 Southfork Dr in Lakeland, Florida. The public remarks note that the area is somewhat bikeable and car-dependent, indicating practical reliance on vehicle access.

    For an owner-occupant, the current owner’s planned lease-back provides flexibility while retaining the option to occupy the available portion. For investors or landlords, the building can also be held for rental income, with the tenant-ready amenities including conference space, a full kitchen, and private bathrooms to support professional day-to-day operations. The specific space that will be available at closing and the private office count are subject to negotiation.

    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 $109.2k $21.00
    − Vacancy −$24.0k −$4.62
    EGI $85.2k $16.38
    − OpEx −$21.3k −$4.10
    NOI $63.9k $12.29
    5,200 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $912.6K
    $798.5K – $1.06M (±1% cap)
    NOI $63,882 @ 7.0% cap · market cap 6.42%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.25M
    $1.09M – $1.46M (±1% cap)
    NOI $87,472 @ 7.0% cap · market cap 8.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Steven F Taylor ... Financial Advisor Fulfilling Endeavors IOP Social Service Agency Ron Rimmer - Financial ... Financial Advisor Bruce Parmenter - Financial ... Financial Advisor Clear Horizon Wealth ... Financial Advisor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9619292
    Latitude
    27.9762237

    FAQs

    What type of property is this?
    Office building - Well-cared-for office building with private offices, conference rooms, and shared kitchen facilities.
    Where is this office building located?
    The property is located at 4927 SOUTHFORK Dr Lakeland, FL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Office building built in 1982 with over 5,200 SF of space; Owner plans to lease back approximately 2,600 SF +/- of occupied space; Available layout includes private offices; number of offices and space size are negotiable to fit the new owner’s needs
    More about this property
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