303 Havendale Blvd Auburndale, FL 33823
Olympia Plaza, located at 303 Havendale Blvd, Auburndale, FL 33823, presents a compelling investment opportunity in a thriving retail environment. This 129,807 square foot strip center, situated on an expansive 11.72-acre lot, offers multiple tenancies and boasts a prime location with excellent visibility. Built in 1977 and extensively renovated in 2020, the property is well-maintained and ready for immediate occupancy. The center provides ample parking with 423 spaces, ensuring convenient access for customers and employees. Currently, there is at least one available space of 1,200 square feet minimum, ideal for a variety of retail businesses. The property is zoned C-3, allowing for a wide range of commercial uses. Its strategic location near Derby Ave further enhances its accessibility and visibility. This property offers a unique blend of established infrastructure and modern updates, making it an attractive investment for both seasoned and emerging investors seeking a strong return in a growing Florida market. The substantial lot size also presents potential for future expansion or redevelopment. The property's history of successful tenancy and recent renovations demonstrate its enduring appeal and potential for continued growth. This is a rare opportunity to acquire a well-established retail center in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.