Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1530 Kendrick Ln Lakeland, FL 33805
    Back to Search
    Property profile & analytics

    1530 Kendrick Ln, Lakeland, FL 33805

    View on Map
    • Specialty properties
    • 30,000 SF
    • 1.84 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1530 Kendrick Ln

    Year built
    2025
    Lot size
    1.84 lot acres
    Property type
    Specialty properties
    Property subtype
    Industrial properties

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9824
    Latitude
    28.07

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      1535 Kendrick Ln

      Flex space
      1535 Kendrick Ln, Lakeland, FL 33805
      View Details
    • Value Estimation by Request
      1,675 SF

      1129 Crestview Ave

      Flex space
      1129 Crestview Ave, Lakeland, FL 33805
      View Details
    • Value Estimation by Request
      0.11 Acres

      269 Hawkins Way

      CHARITABLE ORGANIZATION
      269 Hawkins Way, Lakeland, FL 33805
      View Details
    • Value Estimation by Request
      0.21 Acres

      210 Crawford St

      CHARITABLE ORGANIZATION
      210 Crawford St, Lakeland, FL 33805-3155
      View Details
    • Value Estimation
      $24,175,000
      7,920 SF

      Bridgewater Lks Way

      PROFESSIONAL CLUBS/ASSOCIATIONS
      Bridgewater Lks Way, Lakeland, FL 33805
      View Details
    • Value Estimation by Request
      30.74 Acres

      Tradeport Dr

      SHOPPING CENTER COMMON AREA
      Tradeport Dr, Lakeland, FL 33805
      View Details

    Similar Nearby for Sale

    • $365,000
      2,221 SF

      Lakeland Mixed-Use Property For Sale

      Multi-use property in Lakeland, Florida, suitable for various business needs.
      618 W 5Th St, Lakeland, FL 33805
      View Details
    • Contact for pricing
      5,142 SF

      Lakeland Restaurant Property For Sale

      Restaurant property with long-term lease and annual rent increases.
      3130 N Us Highway 98, Lakeland, FL 33805
      View Details
    • Contact for pricing

      Lakeland Warehouse with Dock High

      Warehouse units with dock high, 24’ clear height, and ESFR.
      4040 N Combee Rd, Lakeland, FL 33805
      View Details
    • Contact for pricing

      Lakeland Warehouse with Dock High

      Warehouse space featuring dock high doors and overhead sprinkler system.
      4725 E Lakeland Commerce Pkwy, Lakeland, FL 33805
      View Details
    • Contact for pricing

      Lakeland Dock-High Warehouse for Sale

      129,480 SF dock-high warehouse near I-4 and FL-33.
      4000 N Combee Rd, Lakeland, FL 33805
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,000 SF

      Lakeland Warehouse with Dock Doors

      24,000 SF warehouse with convenient highway access.
      2560 Old Combee Rd, Lakeland, FL 33805
      View Details
    • Contact for pricing
      10,920 SF

      Lakeland Dock High Warehouse Space

      Dock high warehouse space for lease in Lakeland, Florida.
      4040 N Combee Rd, Lakeland, FL 33805
      View Details
    • Contact for pricing
      18,000 SF

      Lakeland Warehouse Space Available

      Dock-high warehouse space for lease in Lakeland, Florida.
      4740 Lakeland Commerce Pkwy, Lakeland, FL 33805
      View Details
    • Contact for pricing
      2,500 SF

      Warehouse Space Near I-4 Corridor

      Well-maintained commercial park with easy access to major roadways.
      2372 Old Combee Rd, Lakeland, FL 33805
      View Details
    • Contact for pricing

      Lakeland Warehouse and Office Space

      Available warehouse and office space in Lakeland, Florida.
      6870 Firstpark Blvd, Lakeland, FL 33805
      View Details
    • Contact for pricing

      Industrial Warehouse with Office Space

      Air-conditioned warehouse/manufacturing space near I-4 in Lakeland, Florida.
      2727 Interstate Dr, Lakeland, FL 33805
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1530 Kendrick Ln
    Lakeland, FL 33805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1530 Kendrick Ln, Lakeland, FL, 33805
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!