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Property profile & analytics
FOR LEASE
Warehouses

1699 Hobbs Rd Auburndale, FL 33823

46,368 SF 3.11 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-3064923
Property summary
AI-generated overview

This exceptional 20,000+ square foot warehouse, situated on 3.11 acres in Auburndale, Florida, presents a significant leasing opportunity. The precast concrete structure boasts a 22-foot clear ceiling height, providing ample storage capacity. Two dock-high loading doors and a double-wide drive-in ramp ensure efficient loading and unloading. The property includes up to 2,000 square feet of office space, ideal for administrative functions. Security features are robust, including a secure fenced property with automatic rolling gates, reflecting its original design for record storage. Some outside yard space may be available. This prime location offers easy access to major transportation arteries, including I-4 and US 27, placing it within an hour's drive of both Orlando and Tampa, and three hours from Jacksonville or Miami. The property benefits from its proximity to other established warehouse businesses in Polk County, such as Amazon, Walmart, and Publix Super Markets. The address is 1699 Hobbs Rd, Auburndale, FL 33823.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1984
Total area 46,368 SF
Lot 3.11 ac (135,559 SF)
APN 252814000000021190
UPID US18-3064923
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Iron Mountain Recycling Center Waste Management Facility
  • Carroll Construction Supply Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.79M
Blend (final) Blend
$4.27M
Owner & transaction history
Atpit LLC · 4 yrs held
Atpit LLC
since 2021
Last sale
$3.8M
4 recorded transactions
2022
Price N/A
2021
$3.8M
2016
$1.5M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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