110 Interlake Blvd Lake Placid, FL 33852-9638
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.
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The purpose of the C-3 Commercial Light Manufacturing District is to provide for land uses which are primarily for storage, light manufacturing, retailing and wholesaling enterprises.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
C3 · Lake Placid, FLThe purpose of the C-3 Commercial Light Manufacturing District is to provide for land uses which are primarily for storage, light manufacturing, retailing and wholesaling enterprises.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.