You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $570,000
Office buildings

7 Lykes Rd Lake Placid, FL 33852-9582

2,272 SF 4 ac lot Built 1984
Entity Owned Absentee Owner Free & Clear
Property ID
US18-7697537
Property summary
AI-generated overview

This exceptional 16,989-square-foot commercial property, situated on an 87,120-square-foot lot, presents a unique opportunity for businesses seeking a versatile space in South Central Florida. Built in 1984, this single-story building offers a blend of office and warehouse space, ideal for e-commerce, distribution, or other industrial uses. The layout is thoughtfully designed to accommodate various operational needs, featuring 24 private offices, two large conference rooms, and two expansive bullpens perfect for shipping and accounting departments. A well-appointed kitchen and lounge area, along with upgraded restrooms, enhance employee comfort. The building's design allows for easy division into three separate sections, providing flexibility for multi-tenant occupancy or internal departmental separation. Ample space for semi-trailers is available on the property, adding significant logistical advantages. Its strategic location offers convenient access to major transportation routes, placing it within two hours of Tampa and Miami, and 1.5 hours from Orlando, West Palm Beach, and Fort Myers. Weekday showings are preferred, with weekend showings requiring advance notice. Detailed floor plans are available for review. This property boasts a prime location and is ready for immediate occupancy. The vacant space totals 16,780 square feet. One parking space is available.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1984
Construction FRAME
Total area 2,272 SF
Lot 4 ac (174,240 SF)
Zoning code AU
APN C-01-36-29-010-0020-0000
UPID US18-7697537
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
  • Lykes Bros Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
$380k
Comparable Approach Comparable
$581k
Blend (final) Blend
$570k
Owner & transaction history
LYKES BROS INC
LYKES BROS INC
Zoning & alternative use
AU · Lake Placid, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $375,000 +0.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Lykes Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message