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    511 M.l.k. Blvd Winter Haven, FL 33881

    For Lease
    Contact for pricing

    5.74 Acres, I-1 Zoning, High Traffic

    Lot size:
    250,034 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.74-acre industrial property, located at 511 Martin Luther King Blvd NW in Winter Haven, Florida (zip code 33881), presents a unique investment opportunity. Zoned I-1 (Light Industrial/Office/Warehouse), this single-tenant site boasts a highly desirable location, situated between Lakeland and Kissimmee, offering convenient access to major transportation routes. The property enjoys exceptional visibility with an impressive Average Annual Daily Traffic (AADT) count of 30,000 vehicles. Its strategic adjacency to a Home Depot further enhances its appeal and potential for high foot traffic. With 250,000 square feet of potential development, this expansive lot is ideally suited for a variety of uses, including industrial outdoor storage (IOS), parking and vehicle storage, equipment storage and sales, hotel office space, retail establishments, or auto repair and sales facilities. The property's versatility and prime location make it an attractive prospect for businesses seeking a strong foothold in a thriving market. This is a rare opportunity to acquire a significant parcel of land in a high-growth area with excellent visibility and accessibility. Don't miss out on this chance to secure a valuable asset in a dynamic commercial corridor.

    Property Features for 511 M.l.k. Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    250,034 SF

    Unit(s) available at that property

    Space
    Size
    250,034 SF

    HighLights

    • 250,000 SF building on 5.74 acres.
    • I‑1 (Light Industrial/Office/Warehouse) zoning.
    • High traffic count: 30,000 vehicles per day on MLK Blvd NW.
    • Price available upon request.
    • Immediately available.
    • Strategically located between Lakeland and Kissimmee with excellent highway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.731710710765
    Latitude
    28.044048699819

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    FAQs

    What type of property is this?
    Land - 5.74 Acres, I-1 Zoning, High Traffic
    Where is this land located?
    The property is located at 511 M.l.k. Blvd Winter Haven, FL.
    What are key features of this property?
    This property features: 250,000 SF building on 5.74 acres.; I-1 (Light Industrial/Office/Warehouse) zoning.; High traffic count: 30,000 vehicles per day on MLK Blvd NW.
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    Realmo Value Estimation

    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.

    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.

    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
    511 M.l.k. Blvd Winter Haven, FL 33881
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