4403 Holden Rd Lakeland, FL 33811
- Warehouses
- 5,040 SF
- 0.34 lot acres
Current Use by Public Records
- Emergency Plumbing Repair - Lakeland, FL / Plumber
- Graphic Installers, Inc. / Graphic Designer / Banner Store
Property Details for 4403 Holden Rd
- Year built
- 1995
- Lot size
- 0.34 lot acres
- Property size
- 5,040 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 232903139561000380
- APU
- 232903139561000380
Description
This exceptional industrial investment opportunity in Lakeland, Florida, presents two grade-level buildings totaling 10,114 square feet on a 0.68-acre lot. The property, built in 1995, boasts a 100% occupancy rate with two tenants: JDH Energy Solutions, an inspection company, and Smart Kitchen Florida, a multi-location restaurant operator's storage facility. Each building offers 16-foot clear ceilings and three grade-level doors, along with three-phase power. The property is strategically located near Polk Parkway, I-4, and Lakeland Airport, providing excellent access to major transportation routes. This net-leased investment offers a compelling 7.00% cap rate with a net operating income (NOI) of $130,248 and an asking price of $1,860,000 ($183.90/SF). The property's APN numbers are 23-29-03-139561-000380 and 23-29-03-139561-000370. This is a turnkey investment ideal for passive income seekers. The property is classified as distribution, manufacturing, and warehouse space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $975,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $780,000
- 6.5%
- $835,000
- 7%
- $930,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,010,000
- Geo Method
- $970,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $730,000
- Retail
- $760,000
- Mixed-Use
- $755,000
- Hospitality
- $910,000
- Educational
- $900,000
- Residential Income
- $790,000
- Energy
- $765,000
- Income-Based Land
- $725,000
- Food Service
- $870,000
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -82.0033
- Latitude
- 27.9871
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA