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Retail and Office Flex Site
For Sale
$995,000

4930 Us Highway 92 E, Lakeland, FL 33801

Highly visible flex site along a major divided highway with extensive outdoor parking and storage for business operations.

Property Size4,080 SF
Price / SF$243.87
Days on Market89

Property Features for 4930 Us Highway 92 E

General Information

Standard status Active
Size 4,080 SF
Property subtype Mixed Use

Additional Details

Highway Access Yes

Building Details

Year Built 1966
Listing Agency: CENTURY 21 MYERS REALTY
Listed By: Brent Morse · License #3108388
Source: Xome
Added: May 4 Changed: Jul 10 Last Checked: Jul 16 at 4:44AM

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 CENTURY 21 MYERS REALTY

Investment Insights

Based on property information with market context.

This commercial property combines a flexible office/retail structure with a large outdoor area currently configured for extensive parking and storage. Approximately 1,325 SF of office/retail space is available within an existing building that can support operational needs for a range of businesses. The expansive lot provides room for vehicles, equipment, fleet parking, or inventory staging, with straightforward on-site maneuvering designed for active day-to-day use.

The property is positioned directly along a major divided highway with easy access and strong exposure from passing traffic. It sits adjacent to a busy convenience store and is surrounded by established commercial activity, supporting a practical, visibility-focused setting for users that benefit from straightforward highway access.

For tenants, owners, and operators, the combination of adaptable indoor space and outdoor storage makes the site well suited for automotive sales, contractor operations, equipment rental, service businesses, outdoor storage, or other operating models that require convenient access and on-site parking. Businesses seeking a location that supports both storefront visibility and vehicle/equipment functionality should evaluate this property as a workable fit for current operations or redevelopment planning, based on the flexible layout and generous outdoor capacity.

Key Highlights

  • Highly visible commercial property directly along a major divided highway with easy access
  • Approximately 1,325 SF office/retail space with flexible layout for office, retail, or operational use
  • Extensive outdoor parking and storage configuration for vehicles, equipment, fleet parking, or inventory staging

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 $85.7k $21.00
− Vacancy −$18.8k −$4.62
EGI $66.8k $16.38
− OpEx −$16.7k −$4.10
NOI $50.1k $12.29
4,080 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$716.0K
$626.5K – $835.4K (±1% cap)
NOI $50,123 @ 7.0% cap · market cap 5.04%
Second Best
Retail
$654.5K
$572.7K – $763.6K (±1% cap)
NOI $45,818 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$980.5K
$857.9K – $1.14M (±1% cap)
NOI $68,632 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Electrical Service Building Supply

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

Demographics for 33801, FL

36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Highly visible flex site along a major divided highway with extensive outdoor parking and storage for business operations.
Where is this office units located?
The property is located at 4930 Us Highway 92 E 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: Highly visible commercial property directly along a major divided highway with easy access; Approximately 1,325 SF office/retail space with flexible layout for office, retail, or operational use; Extensive outdoor parking and storage configuration for vehicles, equipment, fleet parking, or inventory staging
More about this property
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