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    OFF-MARKET
    Warehouses

    1503 Lake Ave, Avon Park, FL 33825

    12,000 SF 0.93 ac lot Built 2004
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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