924 Florida Ave Lakeland, FL 33803
- Medical offices
- 4,353 SF
- 0.31 lot acres
Current Use by Public Records
- Dr. Gerard Hubbell / Optometrist / Practitioner Service Location
- Gerard Hudson Hubbell / Optometrist
- Clarkson Eyecare / Optometrist / Optician
- Dr. Gerard H. Hubbell / Optometrist
Property Details for 924 Florida Ave
- Year built
- 1985
- Lot size
- 0.31 lot acres
- Property size
- 4,353 SF
- Zone code
- C-2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 242819231500002060
- APU
- 242819231500002060
Description
This exceptional 4,353 square foot office building is situated in Lakeland, Florida's vibrant Midtown Professional District, at 924 S Florida Avenue. The property occupies a 0.31-acre lot, offering ample space and excellent visibility. The building is in updated condition, presenting a turnkey opportunity for investors or businesses seeking a well-maintained space. Its prime location within the Midtown Professional District ensures high traffic and easy access to essential amenities and services. Detailed financial and supporting documents are available upon request for qualified buyers. This presents a unique investment opportunity, particularly given the possibility of acquiring the adjacent property (MLS# P4932016) simultaneously, allowing for expansion or additional income streams. The property is priced at $995,000 and offers a strong return on investment potential due to its location and current condition. Interested parties are encouraged to contact the listing provider for complete details and to schedule a viewing. All inquiries will be handled promptly and professionally.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $320,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $320,000
- Mixed-Use
- $315,000
- Hospitality
- $345,000
- Educational
- $335,000
- Residential Income
- $285,000
- Energy
- $280,000
- Income-Based Land
- $300,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.9568
- Latitude
- 28.0323
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
