Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4040 Pipkin Rd Lakeland, FL 33811
    Back to Search
    Property profile & analytics

    4040 Pipkin Rd, Lakeland, FL 33811

    View on Map
    • Warehouses
    • 121,600 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ross DC / Warehouse & Storage
    • Premier Transportation Arrc / Corporate Office
    • NIN Installs / Warehouse & Storage

    Property Details for 4040 Pipkin Rd

    Year built
    2015
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This Class A industrial property, located at 4040 S. Pipkin Road in Lakeland, Florida (zip code 33811), offers 26,240 square feet of immediately available warehouse space. Built in 2015, the building boasts a total of 121,600 square feet, with a minimum divisible space of 30,000 square feet and the potential to lease the entire 121,600 square feet contiguously. The available space includes approximately 1,200 square feet of office space. Features include a 160-foot building depth, 54' x 53' column spacing with 4" columns, and impressive ceiling heights ranging from 28.5 feet to 32 feet. The property offers excellent access with two points of ingress/egress, and ample parking and outdoor storage space thanks to full concrete pavement. Loading is facilitated by 44 dock-high doors and one drive-in ramp. The warehouse is equipped with energy-efficient LED lighting on motion sensors and a state-of-the-art ESFR sprinkler system. The property is fully fenced and gated, providing enhanced security. The space will be available for occupancy in September 2025. This is an exceptional opportunity for businesses seeking modern, efficient, and secure warehouse space in a prime Lakeland location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9943
    Latitude
    27.9914

    Comparable in this City

    • Value Estimation by Request
      182,985 SF

      4142 Hamilton Rd

      Distribution properties
      4142 Hamilton Rd, Lakeland, FL 33811
      View Details
    • Value Estimation by Request
      182,985 SF

      4141 Hamilton Rd

      Distribution properties
      4141 Hamilton Rd, Lakeland, FL 33811
      View Details
    • Value Estimation by Request
      148,100 SF

      3400 County Line Rd

      Distribution properties
      3400 County Line Rd, Plant City, FL 33811
      View Details
    • Value Estimation by Request
      134,970 SF

      4141 Hamilton Rd

      Manufacturing properties
      4141 Hamilton Rd, Lakeland, FL 33811
      View Details
    • Value Estimation by Request
      134,970 SF

      4141 Hamilton Rd

      Distribution properties
      4141 Hamilton Rd, Lakeland, FL 33811
      View Details
    • Value Estimation by Request
      34,200 SF

      3625-3685 Airport Commerce Dr

      Life science properties
      3625-3685 Airport Commerce Dr, Lakeland, FL 33811
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      134,970 SF

      Lakeland Warehouse Space Available

      100,465 SF warehouse space for rent in Lakeland, Florida.
      4142 Hamilton Rd, Lakeland, FL 33811
      View Details
    • Contact for pricing

      Lakeland Dock-High Warehouse For Sale

      45,600 SF dock-high warehouse near I-4 in Lakeland, FL.
      5030 Gateway Blvd, Lakeland, FL 33811
      View Details
    • Contact for pricing

      Lakeland Warehouse Near Airport

      2,000 SF warehouse with office space near airport.
      3903 Industry Blvd, Lakeland, FL 33811
      View Details
    • $2,400,000

      Lakeland Warehouse and Office Buildings

      Two-building property with income potential near Lakeland Airport.
      3714 Dmg Dr, Lakeland, FL 33811
      View Details
    • Contact for pricing

      Under Construction Lakeland Warehouse

      84,000 SF warehouse, completion expected Q3 2026.
      3955 Anchuca Dr, Lakeland, FL 33811
      View Details
    • Contact for pricing

      Lakeland Dock-High Warehouse For Sale

      92,800 SF dock-high warehouse near I-4 and Polk Parkway.
      3135 Drane Field Rd, Lakeland, FL 33811
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      148,100 SF

      Lakeland Commerce Center: Building 300

      148,100 SF Industrial Space Available
      3400 County Line Rd, Plant City, FL 33811
      View Details
    • Contact for pricing
      213,713 SF

      Lakeland Distribution Center For Lease

      213,713 SF distribution center in Lakeland, Florida.
      4040 County Line Rd, Lakeland, FL 33811
      View Details
    • Contact for pricing
      491,920 SF

      Lakeland Warehouse Space Available

      Large industrial warehouse space available for lease in Lakeland, Florida.
      5300 Allen K Breed Hwy, Lakeland, FL 33811
      View Details
    • Contact for pricing
      7,500 SF

      Lakeland Warehouse Space Available

      Dock-high warehouse space for lease near I-4 in Lakeland.
      5001 Gateway Blvd, Lakeland, FL 33811
      View Details
    • Contact for pricing
      24,960 SF

      Lakeland Warehouse with Dock-High Loading

      131,170 SF warehouse with office space for lease.
      2825 Drane Field Rd, Lakeland, FL 33811
      View Details
    • Contact for pricing
      7,200 SF

      Lakeland Warehouse Space for Lease

      Dock-high warehouse space available near I-4 in Lakeland, FL.
      5030 Gateway Blvd, Lakeland, FL 33811
      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.
    4040 Pipkin Rd
    Lakeland, FL 33811
    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
    4040 Pipkin Rd, Lakeland, FL, 33811
    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!