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Property profile & analytics
OFF-MARKET
Land

105 Lake Parker Ave Lakeland, FL 33801

20038 ac lot
Property ID
Property summary
AI-generated overview

This single-tenant, 3,388 square-foot medical office building in Escambia County is ideally situated for high visibility and easy access from Highway 29. Boasting a prominent pylon sign visible to 37,000 daily vehicles, the property offers ample parking. The interior features a spacious waiting room with dual check-in windows and two restrooms, three private offices, eight exam rooms equipped with sinks, a nurse's station, a former X-ray room (lead-lined, now a meeting room), a procedure room, a lab area with dedicated restroom, numerous storage closets, janitorial rooms, and four restrooms (one with a shower, two lobby-accessible). A staff kitchen/lounge area adds convenience. Built in 1987, this one-story building sits on a single lot zoned HC/LI. The space is well-suited for various medical practices, including primary care, pediatrics, urgent care, diagnostic imaging, and specialists. A shared waiting area with individual check-in/out windows is currently used by an existing tenant (Suite A, Wellness Way of Pensacola). Tenant improvement allowances are negotiable. Estimated NNN is $4.00/psf. This turnkey opportunity presents a prime location with excellent amenities for a growing medical practice.

Property profile
Verified
Property type Land
Lot 20038 ac (872,855,280 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
Current use
Occupant on record · Public records
  • Lending Library Public Library
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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