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    4237 Pipkin Rd Lakeland, FL 33811-1442

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    4237 Pipkin Rd Lakeland, FL 33811-1442


    • Medical Office Space
    • 10,808 SF
    • 2.02 lot acres
    Off-Market
    Property ID
    US18-1313422
    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.

    Value Estimations
    $1,895,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Phillips Paul B MD / Pediatrician / Physician
    • Dr. Vanessa C. Osting, DO / Physician
    • Padma Gowda, MBBS / Physician
    • VA Primary Care Clinic / Physician
    • Janet L. Baker, MSW / Foster Care Service / Social Service Agency

    Property Details for 4237 Pipkin Rd

    Year built
    2008
    Lot size
    2.02 lot acres
    Property size
    10,808 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    232903139563000094
    APU
    232903139563000094

    Description

    This exceptional 10,618-square-foot Class A medical office building, constructed in 2008 and renovated the same year, is situated on a 2.02-acre lot in Lakeland, Florida's Polk County submarket. The single-story building boasts a 16-foot ceiling height and features a thoughtfully designed layout perfect for medical practices. The space includes a large waiting and reception area, numerous exam rooms equipped with sinks, staff offices, conference rooms, and audiology labs. The building's exterior is block/stucco with a sloped flat roof and mature landscaping. Ample parking is provided with 80 spaces, exceeding a 7:1000 parking ratio. Utilities are supplied by Lakeland Electric. The property is ideally located in the Parkway Corporate Center, offering convenient access to Lakeland Linder Regional Airport, the Polk Parkway, and major thoroughfares. Nearby amenities include Lakeside Village, offering diverse dining options. The property's location within Lakeland provides easy access to the city's hub, approximately a 15-minute drive away. Lakeland's strategic location along I-4, approximately 35 miles east of Tampa and 55 miles southwest of Orlando, benefits from positive job growth and a lower cost of living compared to other I-4 corridor areas. The property's location within a 100-mile radius encompassing over 10 million people contributes to the area's exponential growth. While this listing focuses on the single 10,618 SF building (APN: 23-29-03-139563-000094), it's important to note that the property can be combined with the adjacent almost identical building at 4231 S. Pipkin Road to create a larger, two-building campus totaling approximately 21,236 square feet.


    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
      $1,510,000
      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
    -81.9972
    Latitude
    27.9876
    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
    $35,861
    $461,612
    $1,541,526
    $2,003,138
    -
    $461,612
    $1,541,526
    $2,003,138
    More about this property
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