4231 Pipkin Rd S Lakeland, FL 33811
Property Lookup
Property profile & analytics
4231 Pipkin Rd S Lakeland, FL 33811
- Medical Office Space
- 10,808 SF
- 1.84 lot acres
Property ID
US18-4588906
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Kelley W. Yokum, MD / Physician
- Monique L. Dantzler, RD / Physician
- Mary T. Dorritie, PHD / Physician
- Monique Lisowski / Physician
- VA Mental Health / Physician
Property Details for 4231 Pipkin Rd S
- Year built
- 2008
- Lot size
- 1.84 lot acres
- Property size
- 10,808 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 232903139563000091
- APU
- 232903139563000091
Description
This single-tenant, 10,618-square-foot medical office building in Lakeland, Florida, presents a unique investment opportunity. Built in 2008 and meticulously maintained, the property boasts a 16-foot ceiling height and 80 parking spaces (7:1000 ratio). The building features a spacious waiting and reception area, numerous exam rooms with sinks, staff offices, conference rooms, and audiology labs. Its block/stucco exterior and sloped flat roof contribute to its modern aesthetic. Mature landscaping enhances the property's curb appeal. Lakeland Electric provides water and sewer utilities. The building is ideally suited for a variety of medical practices and is situated in the Parkway Corporate Center, offering convenient access to Lakeland Linder Regional Airport, the Polk Parkway, and major thoroughfares. The location benefits from proximity to established businesses like Marcobay Construction, Northwestern Mutual Life, and the Veteran's Administration, as well as Lakeside Village for dining options. The property's location within Lakeland, a city experiencing positive job growth and a lower cost of living compared to other I-4 corridor areas, offers significant long-term potential. The 1.85-acre site is also available for sale as a single building or can be combined with an adjacent, nearly identical property for a larger campus totaling over 21,000 square feet. The property's modern infrastructure, ample parking, and well-designed layout make it an attractive option for medical professionals seeking a prime location in a thriving community. The property's APN is 23-29-03-139563-000091.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,265,000
- 6.5%
- $2,090,000
- 7%
- $1,940,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,471,000
Market price range: $620k - $1.79M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,655,000 Current use
- OFFICE BUILDING
- $3,055,000 Change: +15% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,790,000 Change: +5% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,675,000 Change: +1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.9973
- Latitude
- 27.988
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,916
$419,999
$1,532,139
$1,952,138
-
$419,999
$1,532,139
$1,952,138
