1204 Carlton Ave Lake Wales, FL 33853
- Medical offices
- 2,780 SF
- 0.35 lot acres
Current Use by Public Records
- Florida Joint & Spine Institute Lake Wales / Orthopedic Surgeon / Pain Management Physician
- Dr. Ponnavolud D. Reddy, MD / Orthopedic Surgeon / Doctor
- Specialty Orthopedic Associates / Orthopedic Surgeon
- Sonni Ashok MD / Orthopedic Surgeon
Property Details for 1204 Carlton Ave
- Year built
- 1953
- Lot size
- 0.35 lot acres
- Property size
- 2,780 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 283006939400002210
- APU
- 283006939400002210
Description
This exceptional 2,732 square foot medical office building is ideally situated near AdventHealth Lake Wales in Polk County, offering unparalleled convenience for patients and staff. The property, classified as a Class B building, sits on a 0.35-acre lot and is currently vacant, presenting a unique opportunity for immediate occupancy. The space is configured to accommodate a variety of medical specialties, featuring a welcoming waiting area, multiple private exam rooms, and dedicated space suitable for consultations or administrative tasks. Its six-room layout provides ample room for a thriving practice. The building's traditional office design is adaptable to various healthcare needs, making it suitable for doctors, specialists, dentists, or other healthcare providers. The location within the Lake Wales, Winter Haven, Dundee, Auburndale, Davenport, and Haines City submarket ensures excellent accessibility for a wide patient base. This single-tenancy building offers a turnkey solution for establishing or relocating a medical practice in a high-demand area. The proximity to AdventHealth Lake Wales provides a significant advantage, attracting patients and fostering potential collaborations. This is a rare opportunity to secure a well-appointed medical office space in a strategic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $320,000
- 6.5%
- $300,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $280,000
- Mixed-Use
- $320,000
- Hospitality
- $310,000
- Educational
- $295,000
- Residential Income
- $350,000
- Energy
- $285,000
- Income-Based Land
- $350,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.5621
- Latitude
- 27.8946
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
