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    1535 Kendrick Ln Lakeland, FL 33805

    Sponsored
    For Sale
    $7,500,000

    I-4 Corridor, 30,000 SF Flex Space

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A flex space, totaling 30,000 square feet, presents a unique investment opportunity in Lakeland, Florida. Located on 1.84 acres at 1535 Kendrick Ln, 33805, this property boasts a prime location with high visibility and traffic counts due to its proximity to the I-4 and Kathleen Road entrance. The single-story building, scheduled for completion in April 2025 (groundbreaking September 2024), features a 25.5-foot ceiling height, ample parking, and is zoned for Industrial (I-1) use. With three units available at $2,500,000 each, the asking price for the entire 30,000 square foot property is $7,500,000. The versatile space is ideal for various uses, including distribution, flex space, and sports/entertainment ventures. Its high ceilings, ample parking, and prominent location make it an excellent choice for businesses seeking to enhance their brand presence and capitalize on high market demand. The property is currently vacant and offered under a NNN lease type. This is a rare opportunity to acquire a brand-new, high-quality industrial space in a rapidly growing area. Invest in a location that offers unparalleled visibility and accessibility.

    Property Features for 1535 Kendrick Ln

    General Information

    Property type
    Flex space
    Square Feet
    10,000 SF
    Class
    A
    Lot Size
    80,150 SF

    Building Details

    Year Built
    2025
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Class A, 30,000 SF flex space in Lakeland, FL.
    • Prime I‑4 & Kathleen Road location with high visibility.
    • Single‑story building, 25.5‑foot ceilings, ample parking, I‑1 zoning.
    • Three 10,000 SF units available at $2,500,000 each, total asking price $7,500,000.
    • NNN lease, currently vacant, completion April 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9831617
    Latitude
    28.0698888

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    FAQs

    What type of property is this?
    Flex space - I-4 Corridor, 30,000 SF Flex Space
    Where is this flex space located?
    The property is located at 1535 Kendrick Ln Lakeland, FL.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: Class A, 30,000 SF flex space in Lakeland, FL.; Prime I-4 & Kathleen Road location with high visibility.; Single-story building, 25.5-foot ceilings, ample parking, I-1 zoning.
    Request Owner's contact information
    1535 Kendrick Ln Lakeland, FL 33805
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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
    1535 Kendrick Ln Lakeland, FL 33805
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