5216 Florida Ave Lakeland, FL 33813-2516
This exceptional, Class A, 3,870 square foot retail and office building, constructed in 2023, presents a unique investment opportunity. Located on S Florida Ave, the property boasts 175 feet of prime road frontage, ensuring high visibility and accessibility. The single building comprises 53 individual suites, offering flexibility for various tenants. A significant feature is the inclusion of a 1,400 square foot drive-thru Dunkin' Donuts, already secured. An additional 2,470 square feet of adjacent space is currently available for lease, ideal for retail or office use. Future development plans include a second free-standing building with 2,550 square feet of space. Ample parking is provided with 53 spaces and multiple convenient access points. The 1.41-acre lot provides ample space for expansion and maneuvering. This property is situated in a high-traffic area, offering excellent potential for strong returns. The building's modern design and prime location make it an attractive option for a variety of businesses. The property's multiple suites and ample parking cater to a diverse range of tenants, maximizing rental income potential. This is a rare opportunity to acquire a brand-new, high-quality commercial property in a thriving location.
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Roofers of Lakeland FL Roofing Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.