110 Interlake Blvd Lake Placid, FL 33852
- Industrial properties
- 28,690 SF
- 2.86 lot acres
Current Use by Public Records
- Glass Bottle Outlet / Container Supplier
- 1-800-Packouts of North Fort Myers / Water Damage Restoration Service
- X-Urban Construction / Custom Home Builder / General Contractor
- Locus Agricultural Solutions / Agricultural Service / Agricultural Engineer
- Techno Steel / Contractor
Property Details for 110 Interlake Blvd
- Year built
- 1959
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.86 lot acres
- Property size
- 28,690 SF
- Zone code
- C3
- Property type
- Industrial properties
- APN
- P-36-36-29-A00-0090-0000
- APU
- P363629A0000900000
Description
This exceptional 17,360-square-foot warehouse in Lake Placid, Florida, presents a significant opportunity for industrial businesses. Located at 110 W Interlake Blvd #105, this single-tenant property boasts a spacious layout, including 11,548 square feet of warehouse space on the ground floor, 1,052 square feet of first-floor office space, and a 4,760-square-foot mezzanine on the second floor. The building, constructed in 1959 and situated on a 43,560-square-foot lot, features three loading docks equipped with 10'w x 12'h roll-up doors in the front and 10'x10' roll-up doors in the back. High ceilings (21+ feet) provide ample vertical space, while a Class 4 fire sprinkler system ensures safety. Additional features include a Duro-Last roof (installed in 2016), newly installed hurricane impact windows throughout, 400-amp single-phase power with 3-phase availability, and central water. An optional 4,500-square-foot fenced outdoor storage area is available for an additional monthly rent. The property is zoned commercial and offers a central Lake Placid location. The lease is contingent upon the release of the current tenant, who has verbally agreed to vacate. The asking rent is $10 per square foot plus sales tax, with $1 per square foot for CAM and utilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $390,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $480,000
- Mixed-Use
- $500,000
- Hospitality
- $415,000
- Educational
- $365,000
- Residential Income
- $395,000
- Energy
- $385,000
- Income-Based Land
- $440,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.3681
- Latitude
- 27.2987
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
