1901 Longleaf Blvd Lake Wales, FL 33859-2500
- Industrial properties
- 12,315 SF
- 0.28 lot acres
Current Use by Public Records
- AirSea Packing Group LLC Lake Wales / Warehouse
- 1-800-Packouts of Central Florida Inc. / Water Damage Restoration Service
Property Details for 1901 Longleaf Blvd
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.28 lot acres
- Property size
- 12,315 SF
- Property type
- Industrial properties
- APN
- 273014927044000010
- APU
- 273014927044000010
Description
This exceptional 12,315-square-foot office/warehouse condominium is situated in the Lake Wales Commerce & Technology Park (formerly Longleaf Business Park) on Highway 27 in Lake Wales, Florida. The property boasts approximately 3,000 square feet of finished office space, featuring nine private offices, four bathrooms, a break room with a sink, and a conference room. The warehouse area is a clear-span design, offering one dock-high roll-up door and a second door with a ramp, all fully air-conditioned. Ceiling heights range from 24 feet at the front to 21 feet at the back. The building features a durable TPO roof and ample three-phase electrical power. Parking is conveniently provided by the condo association. This versatile space is ideal for a variety of uses, including office/warehouse, showroom, light manufacturing, distribution, and professional or medical services. The property sits on a 0.28-acre lot and is zoned for commercial use. Its prime location offers easy access to State Road 60 (less than two miles away) and the CSX Intermodal Facility (only nine miles distant). The asking price is $1,194,555, translating to $97 per square foot. This single-story building presents a compelling investment opportunity in a thriving business park.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $620,000
- 6.5%
- $595,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $560,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $600,000
- Retail
- $630,000
- Mixed-Use
- $630,000
- Hospitality
- $555,000
- Educational
- $610,000
- Residential Income
- $705,000
- Energy
- $580,000
- Income-Based Land
- $725,000
- Food Service
- $595,000
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.5958
- Latitude
- 27.872
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
