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Freestanding Retail Building with Fenced Rear
For Sale
$799,000

610 N Combee Rd, Lakeland, FL 33801

Fully air-conditioned retail interior with ADA restroom and ramp, plus gated rear access for flexible tenant layouts.

Property Size3,848 SF
Lot Size0.81 Acres
Price / SF$207.64
Days on Market140

Property Features for 610 N Combee Rd

General Information

Standard status Active
Size 3,848 SF
Lot size 0.81 Acres

Site & Location

Traffic Count 34,000 vehicles/day
Highway Access Yes
Road Access Yes
Fenced Yard Yes

Building Details

Year Built 1982
Listing Agency: FLORIDA REALTY INVESTMENTS
Listed By: Sujata Katikala · License #3057328
Source: Chenoregroup
Added: Jun 3 Changed: Oct 14 Last Checked: Oct 7 at 2:17PM

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 FLORIDA REALTY INVESTMENTS

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Investment Insights

Based on property information with market context.

This freestanding retail commercial solid building offers 3,848 square feet of large, open interior space with full air-conditioning. The property includes an ADA-compliant restroom with a ramp, and a durable concrete roof. Zoning is described as flexible CAC, supporting a broad range of uses including retail, office, restaurant, convenience store, and automotive-related businesses.

The site is positioned one block from the busy intersection of N Combee Road and US-92/ Memorial Highway, with full frontage access on Combee Road. Visibility and access are reinforced by the surrounding tenant mix, including proximity across from a Harvey’s Supermarket Plaza and McDonald’s, with Taco Bell about a block away. The property also benefits from reported traffic counts of 16,000+ AADT on Combee Road and 34,000 AADT on US-92, with additional access at the rear from N Eastside Drive. The rear is fully fenced and gated, and there is room described for future expansion or added parking.

The open, air-conditioned configuration and ADA features make the space practical for operators seeking a customer-accessible footprint under flexible commercial zoning. The combination of full frontage on Combee Road and gated rear access may be useful for businesses that want separate areas for deliveries, storage, or controlled customer flow, depending on their site plan needs.

Key Highlights

  • 3,848 SF freestanding retail building with large open, fully air‑conditioned interior space
  • 0.81‑acre lot with full frontage access on N Combee Road and additional access from N Eastside Drive
  • ADA‑compliant restroom and ramp included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,213
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,260 $864.3K
Cap Rate 7%
$617,329 $617.3K
Cap Rate 9%
$480,144 $480.1K
Market Conditions
NOI Build-Up for 3,848 SF
Gross rent
$67.0K $17.40/SF
− Vacancy
−$5.2K −$1.36/SF
EGI
$61.7K $16.04/SF
− OpEx
−$18.5K −$4.81/SF
NOI
$43.2K $11.23/SF
Area
Lakeland, FL
Vacancy
7.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,260
Cap Rate 7%
$617,329
Cap Rate 9%
$480,144

Alternative Uses

Best Use
Retail
$617.3K
$540.2K – $720.2K (±1% cap)
NOI $43,213 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$924.7K
$809.1K – $1.08M (±1% cap)
NOI $64,730 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Vintage Thrift LLC Discount Store CC Moving Company Moving Company Appliances Repair Shop Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Daycare Center Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store Veterinary Clinic

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

34,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
123k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 35% Groceries 17% Home Improvements & Furnishings 1%
McDonald's Dining
30,203 visits/mo 0.2 miles
Harveys Supermarket Groceries
21,070 visits/mo 0.2 miles
Sunoco Shops & Services
13,372 visits/mo 0.2 miles
Shell Shops & Services
11,687 visits/mo 0.4 miles
Taco Bell Dining
10,183 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Fully air-conditioned retail interior with ADA restroom and ramp, plus gated rear access for flexible tenant layouts.
Where is this retail space located?
The property is located at 610 N Combee Rd Lakeland, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3,848 SF freestanding retail building with large open, fully air‑conditioned interior space; 0.81‑acre lot with full frontage access on N Combee Road and additional access from N Eastside Drive; ADA‑compliant restroom and ramp included
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