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Lakeland Industrial Property with Warehouse

4930 DRANE FIELD Rd Lakeland, FL 33811

4930 DRANE FIELD Rd, Lakeland, FL, 33811

$950,000

For Sale

$950,000

Industrial property featuring a warehouse and office building.

Property Size6,540 SF

Lot Size0.68 Acres

Price / SF$145.26

AddedMar 23

Days on Market115

Last RefreshJul 15 at 11:33 am

Property Features for 4930 DRANE FIELD Rd

General Information

Standard status: Active
Size: 6,540 SF
Lot size: 0.68 Acres
Property subtype: Industrial

Building Details

Year Built: 1972

Listing office JACK T. GIBBS LLC

Listing date Mar 23, 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 JACK T. GIBBS LLC

Investment Insights

Based on property information with market context.

This property features a total of 6,540 square feet across two buildings. A metal warehouse building, constructed in 2003, offers 4,950 square feet of space and a 16-foot ceiling height. Additionally, there is a 1,500-square-foot air-conditioned office building, built in 1972, which includes two bathrooms. The entire property is fenced. The property is located in Lakeland's fast-growing Industrial Corridor.

Key Highlights

Large 4,950 sq ft metal warehouse with 16' ceiling.
Located in Lakeland's fast‑growing Industrial Corridor.
Includes a 1,500 sq ft air‑conditioned office building.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$137.3k	$21.00
− Vacancy	−$30.2k	−$4.62
EGI	$107.1k	$16.38
− OpEx	−$26.8k	−$4.10
NOI	$80.3k	$12.29

6,540 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.15M

$1.00M – $1.34M (±1% cap)

NOI $80,344 @ 7.0% cap · market cap 8.46%

Second Best

Warehouse

$541.2K

$473.6K – $631.4K (±1% cap)

NOI $37,885 @ 7.0% cap · market cap 3.99%

Theoretical Best

Office A

$1.57M

$1.38M – $1.83M (±1% cap)

NOI $110,013 @ 7.0% cap · market cap 11.58%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Southern Industrial Saw ... Building Supply

Suggested Use

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For sale
Warehouses
FL
Lakeland
33811
4930 DRANE FIELD Rd

What type of property is this?

Warehouse - Industrial property featuring a warehouse and office building.

Where is this warehouse located?

The property is located at 4930 DRANE FIELD Rd Lakeland, FL.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Large 4,950 sq ft metal warehouse with 16' ceiling.; Located in Lakeland's fast‑growing Industrial Corridor.; Includes a 1,500 sq ft air‑conditioned office building.