521 Hughes RdAuburndale, FL 33823

  • Land
  • 0.09 AC
For Sale
$3,000,000 View listing

Property Details for 521 Hughes Rd

Lot size
0.09 AC
Property type
Land
Property subtype
Commercial land
APN
252811000000022060
APU
252811000000022060

Description

This exceptional investment opportunity presents a 18,277-square-foot free-standing retail building situated on a 0.68-acre lot in Auburndale, Florida. Built in 2006, the property boasts a prime location with high visibility and accessibility, currently operating at 100% occupancy. The building features a single story and is zoned C3, allowing for a variety of retail uses. With 29 parking spaces available, customer convenience is ensured. The asking price is $3,000,000, translating to $164.14 per square foot. The property's address is 521 Hughes Rd, Auburndale, FL 33823, within Polk County. Parcel numbers are 252811000000022390 and 252811000000022060. This investment offers significant potential for long-term growth and strong returns, given its location in a thriving commercial area experiencing approximately 27,000 cars per day. The modern construction and strategic positioning make this a highly desirable asset for any retail portfolio. This is a single-building property.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,264,862
    Hospitality
    $1,158,607
    Educational
    $963,947
    Medical
    $997,099
    Retail
    $1,499,473
521 Hughes Rd, Auburndale, Florida
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Location Insight

City
Auburndale
County
Polk
State
Florida
Latitude
28.0573
Longitude
-81.7801
CBSA code
29460
CBSA name
LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$188
$14,368
-
$14,368
-
$14,368
-
$14,368

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