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Property profile & analytics
FOR LEASE
Warehouses

500 Mckean St Auburndale, FL 33823

89,520 SF 15.63 ac lot Built 1962
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3453547
Property summary
AI-generated overview

This exceptional Auburndale, FL industrial property boasts 106,437 square feet of warehouse space and 15.74 acres of land, offering significant flexibility for various industrial uses. The property, located at 500 McKean St, Auburndale, FL 33823, features a Class B, single-story building constructed in 1962 and extensively renovated in 2023. The building includes 10 dock-high doors and a 24-foot ceiling height. A portion of the property (Building 494) offers a smaller, renovated warehouse space with a new roof, a small office, 12-foot clear height, one dock-high door, and one ramp. The expansive outdoor area provides ample space for yard storage, truck parking, or other outdoor operations. The property is zoned IND - Industrial (Polk County), permitting light manufacturing, warehousing, storage, and limited retail uses. Its strategic location on US-92 in Auburndale's industrial hub offers easy access to major transportation arteries, including I-4, Polk Parkway, and Hwy 60, providing convenient access to Tampa, Orlando, Lakeland, and other key Central Florida locations. The property's proximity to established businesses like Coca-Cola, Cutrale, and US LBM further enhances its appeal. The 15.74-acre lot includes a mix of paved and grassy areas, fully fenced for security. This property presents a rare opportunity to acquire a substantial industrial asset in a prime Central Florida location. The APN is 25-28-10-000000-023050 + 25-28-10-000000-024060.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1962
Total area 89,520 SF
Lot 15.63 ac (680,712 SF)
APN 252810000000023050
UPID US18-3453547
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
  • Trucklee, Parking and storage for trucks and trailers Parking Lot & Garage
  • Raymond Building Supply Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.25M
Blend (final) Blend
$2.97M
Owner & transaction history
Xen Seven LLC · 4 yrs held
Xen Seven LLC
since 2022
Last sale
$2.7M
6 recorded transactions
2022
$2.7M
2018
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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