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1503 Lake Ave Avon Park, FL 33825

OFF-MARKET Warehouses Google Maps
12,000 SF 0.93 ac lot Built 2004
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 12,000-square-foot industrial property in Avon Park, Florida, presents a compelling investment opportunity. Located at 1503 N Lake Ave, this Class B, single-story building boasts a prime location with convenient access to major transportation routes like Highway 27/SR64, facilitating efficient goods transportation. Built in 2004, the warehouse features 17-foot high ceilings, a 10x12-foot roll-up loading door, ample onsite parking, and durable concrete flooring suitable for heavy equipment. The property includes a well-appointed office area and benefits from a robust ventilation system and three-phase power. Currently operating as a multi-tenant income property, one tenant occupies the front office space, while another is vacating at the end of the month. The 0.93-acre lot is zoned I1, offering flexibility for various industrial uses, including distribution, manufacturing, and warehousing. The insulated building also features air conditioning, enhancing its functionality and appeal. This property is ideal for investors seeking a strong return on investment in a strategically located industrial asset. The asking price is $1,250,000, and the lease type is NNN.

Property profile

Verified
Property type Warehouses
Year built 2004
Total area 12,000 SF
Lot 0.93 ac (40,511 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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