4690 Exploration Ave, Unit 4700, Lakeland, FL 33812
- Medical Office Space
- 13,380 SF
- 1.40 lot acres
Current Use by Public Records
- Emily Spangler / Physician
- Women's Care / Physician
- Jeffrey Puretz / Physician
- Shalini Golla / Physician
- Pedro Alvarez / Physician
Property Details for 4690 Exploration Ave
- Year built
- 2009
- Lot size
- 1.40 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 242910280562000040
- APU
- 242910280562000040
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 20, 2021 | $2,489,000 | Chander Holding LLC | Jdcom Florida Realty Expn Drive LLC | Warranty Deed | $1.9M · One Florida Bank |
| Aug 10, 2021 | — | Chander Holding LLC | Jdcom Florida Realty Expn Drive LLC | Warranty Deed | — |
| Sep 17, 2018 | $1,925,000 | Jdcom Florida Realty Explorati | Capesa Co LLC | Grant Deed | $1.4M · Wauchula St Bk |
| Apr 20, 2018 | — | Capesa Co LLC | — | Deed · related | $548k · Regions Bk |
| Dec 30, 2004 | $520,000 | Capesa Co LLC | Highlands Enhancement INC | Warranty Deed | $390k · Amsouth Bank |
| — | — | Capesa Co LLC | — | Deed Of Trust · related | $1.8M · Amsouth Bank |
| — | — | Capesa Co LLC | — | Loan Modification · related | $548k · Regions Bk |
Description
This exceptional 3,500-square-foot office space is located at 4690 Exploration Ave, Suite #4700, Lakeland, FL 33812. Situated within a larger 12,752-square-foot single-story building, this traditional office suite offers a highly functional and versatile layout. The space boasts a dedicated sitting area, multiple private offices, and a prominent executive office with its own separate exterior entrance, providing enhanced privacy and accessibility. A large conference/training/meeting room is perfect for presentations or team gatherings. The main floor also includes fifteen individual cubicles, creating a productive work environment for a sizable team. Employee and visitor convenience is ensured with a well-equipped kitchen/break area and two restrooms. This single-tenant occupancy provides a unique opportunity for a business seeking a self-contained and efficient workspace in a desirable Lakeland location. The property's address is easily accessible and offers ample parking. This is an excellent opportunity for a company looking to establish or expand its presence in a thriving Florida market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,895,000
- ML approach
- $2,970,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,800,000
- 6.5%
- $2,585,000
- 7%
- $2,400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,971,000
Market price range: $2.46M - $5.48M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,285,000 Current use
- COMMERCIAL (GENERAL)
- $3,455,000 Change: +5% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,310,000 Change: +1% Conversion: Difficult
- OFFICE BUILDING
- $3,125,000 Change: -5% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.8915
- Latitude
- 27.9809
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
