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    3075 Whitten Rd Lakeland, FL 33811

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    For Lease
    Contact for pricing

    Modern industrial space, flexible layouts.

    Lot size:
    404,040 SF

    Property Features for 3075 Whitten Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    404,040 SF

    Spaces For Lease

    at 3075 Whitten Rd, Lakeland, FL 33811 Contact us

    We can help!

    Listing Contact
    Kris Courier

    Listing Agency: CBRE Tampa Listing Agent: Kris Courier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Lakeland Logistics Center, located at 3075 Whitten Rd, Lakeland, FL 33811, offers a prime opportunity for businesses seeking flexible industrial space in Polk County. This 404,040-square-foot facility features a cross-dock design and boasts 36-foot clear ceiling heights, allowing for efficient storage and operations. The property includes 118 dock-high doors and 4 drive-in doors, ensuring seamless loading and unloading. Units ranging from 105,642 to 211,284 contiguous square feet are available, providing options for various business needs. The building is ready for immediate occupancy. Ample parking is provided with 217 spaces (1.02 per 1,000 square feet), including 90 off-dock trailer parking spaces and additional outside storage space of over 2 acres. The facility features a 7-inch thick, 4,000-psi concrete slab, a metal deck roof system, and a heavy-duty pavement truck court. The building's power supply is robust, offering 1600 amps of 277/480-volt power. An ESFR sprinkler system is in place for fire protection. Interior lighting is existing and can be supplemented to meet tenant requirements. Warehouse ventilation and fencing are adaptable based on tenant needs. The building dimensions are 1,260 feet by 320 feet, with column spacing of 50 feet by 56 feet and speed bays of 60 feet by 56 feet. The property sits on a 39.92-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store Kitchen & Bath Showroom Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -82.04526
    Latitude
    28.006859

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    FAQs

    What type of property is this?
    Distribution property - Modern industrial space, flexible layouts.
    Where is this distribution property located?
    The property is located at 3075 Whitten Rd Lakeland, FL.
    What are key features of this property?
    This property features: Lakeland Logistics Center, 3075 Whitten Rd, Lakeland, FL 33811 offers 404,040 SF of flexible industrial space.; Features a cross-dock design, 36' clear height ceilings, 118 dock-high doors, and 4 drive-in doors.; Available units range from 105,642 SF to 211,284 SF contiguous.
    (813) 273-8442 Call to check price and availability
    Request Owner's contact information
    3075 Whitten Rd Lakeland, FL 33811
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    Lakeland, FL 33811
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3075 Whitten Rd Lakeland, FL 33811
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    Contact for Pricing
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    Kris Courier
    (813) 273-8442 (813) 273-8400
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