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Financial
Distress signals
Property profile

4040 Waring Rd Lakeland, FL 33811

FOR SALE
Office buildings
Property ID
US18-4257005
3,079 SF 2.31 ac lot Built 1978
Last sale May 2004 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 6.22-acre tract on Waring Road in Lakeland, Florida, located minutes from Lakeland Linder International Airport. It comprises three contiguous parcels: (1) a 2.31-acre parcel with an approximately 1,898-square-foot residence constructed in 1968; (2) a 2.31-acre parcel with an approximately 3,079-square-foot office building constructed in 1978 and remodeled in 2004, configured for office use and previously operated as an income-producing lease space; and (3) a 1.60-acre parcel…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$498k
Assessed land$302k
Assessed improvement$196k
Effective rate1.30%

Value estimate

· Oct 2026
$365k
$329k – $402k
CAP approach$620k
Submarket $/SF estimate$508k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$14k
Operating expenses−$13k
NOI · 1.72% cap applied$38k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$93 – $393

Cap rate analysis

How does the asset earn?
1.72%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.6
Realty agency10.6
Hair Salon10.1

Location

4040 Waring Rd Lakeland, FL 33811
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3607 Ventura E, Lakeland, FL 33811-1229 $850,000 May 2024 1,500 SF
2720 Drane Fld, Lakeland, FL 33811-1325 $2,045,000 Feb 2024 4,000 SF
4930 Drane Fld, Lakeland, FL 33811-1200 $50,000 Feb 2024 2,810 SF
1020 Pipkin, Lakeland, FL 33811-1527 $450,000 Nov 2021 902 SF
4175 Pipkin Rd, Lakeland, FL 33811-1699 $585,000 Aug 2021 2,408 SF
1901 Shepherd, Lakeland, FL 33811-2105 $330,000 Mar 2020 2,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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