You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Retail space

238 Massachusetts Ave 1st Lakeland, FL 33801

6,351 SF 0.41 ac lot Built 1925
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-5534360
Property summary
AI-generated overview

This exceptional office space in Lakeland, Florida, offers a diverse range of solutions for businesses of all sizes. Located at 238 N Massachusetts Ave, 1st Floor, in Polk County, this property provides flexible options to meet your specific needs. Choose from traditional office suites, executive offices, coworking spaces, or even medical or creative office setups. The space caters to various tenancy requirements, offering fully furnished and equipped private offices scalable from single-person setups to large corporate spaces. Customizable options are available, including disaster recovery spaces and day offices. Beyond private offices, the location also features coworking areas, providing a collaborative and social work environment with hot-desking options. Meeting rooms of various sizes are available for rent, equipped with Wi-Fi and presentation equipment, suitable for informal meetings, training sessions, or formal conferences. Virtual office options are also offered, including prestigious business addresses, mail handling services, and professional virtual assistant support, with varying levels of access to physical office space. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property is ideally situated in Lakeland, Florida, with easy access to local amenities and transportation. This versatile property offers a comprehensive solution for businesses seeking a flexible and adaptable workspace.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Total area 6,351 SF
Lot 0.41 ac (17,820 SF)
Zoning code C-7
APN 242818201000007010
UPID US18-5534360
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
  • Madden branded goods Corporate Office
  • Well-Being Psychology Center Physician Medical Clinic
  • Shop Madden Marketing & Advertising
  • 1-800 Office Solutions Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.10M
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.08M
Owner & transaction history
Florida First Capital Finance Corp · 2 yrs held
Florida First Capital Finance Corp
since 2024
4 recorded transactions
2024
Price N/A
2021
$1.0M
2015
$400,000
2006
Price N/A
Zoning & alternative use
C-7 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.6M +42.3%
Medical building $1.6M +41.2%
Office building $1.4M +23.4%
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message