Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1077 Pine Chase Ave Lakeland, FL 33815

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1077 Pine Chase Ave Lakeland, FL 33815

    View on Map
    • Warehouses
    • 20,000 SF
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1077 Pine Chase Ave

    Lot size
    1.00 lot acres
    Property size
    20,000 SF
    Property type
    Warehouses
    Property subtype
    Office properties & Spaces

    Description

    This exceptional 20,000-square-foot warehouse, situated on a one-acre lot in Lakeland, Florida, presents a compelling investment opportunity. Priced at $449,000 ($22.45 per square foot), this property boasts a highly desirable BPC-1 zoning designation. Its strategic location offers unparalleled access to major transportation arteries, being just a short distance from I-4 Exit 25. The property's proximity to Amazon's substantial fulfillment center and other recent warehouse developments underscores its potential for significant growth and return on investment. This prime location provides easy access to both Tampa (approximately 30 minutes away) and Orlando (less than an hour away), making it an ideal hub for regional distribution and operations. The property's one-acre lot provides ample space for expansion or future development, catering to a variety of business needs. The warehouse is classified as industrial and office space, offering versatility for diverse operational requirements. The address is 1077 Pine Chase Ave, Lakeland, FL 33815. This is a rare opportunity to acquire a well-positioned industrial property in a rapidly expanding area.

    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
    -82.05
    Latitude
    28.0295

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      New Tampa Hwy & Pne Chase Rd

      Distribution properties • 1.00 Acre
      0 New Tampa Hwy & Pne Chase Rd, Lakeland, FL 33815
      View Details
    • Value Estimation by Request

      792 County Line Rd

      Distribution properties
      792 County Line Rd, Lakeland, FL 33815
      View Details
    • Value Estimation
      $1,775,000
      19,332 SF

      4300 Steward Rd

      DISTRIBUTION WAREHOUSE • 19,332 SF
      4300 Steward Rd, Lakeland, FL 33815-3240
      View Details
    • Value Estimation
      $21,645,000
      246,194 SF

      7105 New Tampa Hwy

      DISTRIBUTION WAREHOUSE • 246,194 SF
      7105 New Tampa Hwy, Lakeland, FL 33815-9300
      View Details
    • Value Estimation
      $2,370,000
      33,600 SF

      2420 New Tampa Hwy

      DISTRIBUTION WAREHOUSE • 33,600 SF
      2420 New Tampa Hwy, Lakeland, FL 33815-3457
      View Details
    • Value Estimation
      $6,105,000
      75,952 SF

      5300 Region Ct

      DISTRIBUTION WAREHOUSE • 75,952 SF
      5300 Region Ct, Lakeland, FL 33815-3121
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lakeland Flex Space Near I-4

      12,376 SF flex space with I-2 zoning and easy access.
      5345-5351 Great Oak Dr, Lakeland, FL 33815
      View Details
    • Contact for pricing

      Lakeland Warehouse Near I-4

      45,000 SF dock-high warehouse near I-4 in Lakeland, FL.
      700 Mccue Rd, Lakeland, FL 33815
      View Details
    • Contact for pricing

      Lakeland Warehouse Near Polk Parkway

      57,000 SF dock-high warehouse near I-4 and Polk Parkway.
      5865 New Tampa Hwy, Lakeland, FL 33815
      View Details
    • Contact for pricing
      181,720 SF

      Lakeland Industrial Building Redevelopment Opportunity

      17.11-acre site with industrial building and redevelopment potential.
      300 W Lime St, Lakeland, FL 33815
      View Details
    • Contact for pricing

      Lakeland Dock-High Warehouse For Sale

      26,400 SF dock-high warehouse near I-4 and Lakeland Airport.
      4300 S Frontage Rd, Lakeland, FL 33815
      View Details
    • $499,000
      2,068 SF

      Historic Office Building in Dixieland

      Renovated 1914 commercial building with rental income potential.
      815 S Missouri Ave, Lakeland, FL 33815
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      705,420 SF

      Lakeland Warehouse and Distribution Center

      Large industrial property with immediate Interstate 4 access in Central Florida.
      2451-2465 Old Tampa Hwy, Lakeland, FL 33815
      View Details
    • Contact for pricing
      52,500 SF

      Lakeland Warehouse Space Available

      52,500 sq ft warehouse space for rent in Lakeland.
      2015 W Memorial Blvd, Lakeland, FL 33815
      View Details
    • Contact for pricing
      1,550 SF

      Lakeland Warehouse Space Available

      Ground-level warehouse space for lease in Lakeland, Florida.
      5675 New Tampa Hwy, Lakeland, FL 33815
      View Details
    • Contact for pricing
      22,500 SF

      Lakeland Warehouse Space Available

      Warehouse space for lease in Lakeland, Florida.
      700 Mccue Rd, Lakeland, FL 33815
      View Details
    • Contact for pricing
      4,740 SF

      Well-Maintained Office Complex Suites

      Office suites for lease in a well-maintained complex.
      6810 New Tampa Hwy, Lakeland, FL 33815
      View Details
    • $11 SF/Yr
      2,688 SF

      Lakeland Office Space For Lease

      Well-maintained office complex with ample parking and high visibility.
      6850 New Tampa Hwy, Lakeland, FL 33815
      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.
    1077 Pine Chase Ave
    Lakeland, FL 33815
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!