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    3606 Us-92 Lakeland, FL 33801

    Sponsored
    For Sale
    $749,034

    High-yield multi-tenant warehouse, prime location.

    Property size:
    7,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,566 square foot commercial redevelopment opportunity sits on a 3.05-acre lot in Lakeland, Florida, boasting a prime location on US Highway 92E. The property currently features three buildings housing four month-to-month tenants, generating immediate rental income while you plan your future development. This mixed-use, special-purpose property is zoned LCC-Linear Commercial Corridor, offering flexibility for various redevelopment projects. The asking price is $749,034, translating to $99 per square foot. Strategically located between Lakeland and Auburndale, this property enjoys convenient access to the Polk Parkway, just 2.5 miles away. The high traffic count on US Highway 92E ensures excellent visibility and accessibility for any future business. This is a rare chance to acquire a well-situated, income-producing property with significant redevelopment potential in a thriving Florida market. The gross lease structure simplifies management, and the multi-tenant setup provides a diversified income stream. Don't miss this chance to capitalize on this lucrative investment opportunity.

    Property Features for 3606 Us-92

    General Information

    Property type
    Distribution properties
    Square Feet
    7,566 SF
    Lot Size
    132,858 SF

    Building Details

    Buildings
    3

    HighLights

    • $749,034 asking price for this multi‑tenant commercial warehouse investment opportunity.
    • 7,566 square feet on a 3.05‑acre lot in Lakeland, Florida.
    • Gross lease, four tenants currently in place.
    • Three buildings situated on a prime US Highway 92E location.
    • LCC‑Linear Commercial Corridor zoning.
    • $99 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.8869719
    Latitude
    28.0490422

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    FAQs

    What type of property is this?
    Distribution property - High-yield multi-tenant warehouse, prime location.
    Where is this distribution property located?
    The property is located at 3606 Us-92 Lakeland, FL.
    What is the asking price?
    The asking price for this property is $749,034.
    What are key features of this property?
    This property features: $749,034 asking price for this multi-tenant commercial warehouse investment opportunity.; 7,566 square feet on a 3.05-acre lot in Lakeland, Florida.; Gross lease, four tenants currently in place.
    Request Owner's contact information
    3606 Us-92 Lakeland, FL 33801
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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
    3606 Us-92 Lakeland, FL 33801
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