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Property profile & analytics
OFF-MARKET Estimated value $21,645,000
Distribution centers

7105 New Tampa Hwy Lakeland, FL 33815-9300

246,194 SF 8.84 ac lot Built 1989
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US18-3867578
Property summary
AI-generated overview

The Lakeland Distribution Center, a prime industrial property, offers exceptional leasing opportunities. This strategically located facility boasts a total of 247,018 square feet, with multiple suites available. Currently, 190,207 square feet of contiguous space is immediately available for lease, ideal for large-scale distribution or warehousing operations. Smaller spaces are also available, with a minimum divisible unit of 42,475 square feet, providing flexibility for various business needs. Built in 1989, the building features impressive 24'-26' ceiling heights, accommodating high-volume storage and efficient material handling. The property benefits from excellent access to Interstate 4 via the County Line Road exit, placing it at the heart of Florida's central distribution network. Furthermore, the building is rail served, offering an additional transportation advantage. The facility includes 48 loading docks, ensuring smooth and efficient loading and unloading operations. This professionally managed and owned property presents a rare opportunity to secure a well-maintained, strategically located industrial space in a thriving market. The property's location and features make it an ideal choice for businesses seeking a central distribution hub within Florida.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1989
Total area 246,194 SF
Lot 8.84 ac (385,114 SF)
APN 232819087501000075
UPID US18-3867578
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
  • LGE DC Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$27.87M
Blend (final) Blend
$21.65M
Owner & transaction history
Bre Of Fl Tampa Indl Props LLC · 15 yrs held
Bre Of Fl Tampa Indl Props LLC
since 2010
3 recorded transactions
2019
Price N/A
2010
$8.0M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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