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Property profile & analytics
OFF-MARKET Estimated value $112,300,000
Outlet malls

8565 State Rd 33rd N Lakeland, FL 33809

1,004,929 SF 138.29 ac lot Built 2021
Individually Owned 4-yr Hold Free & Clear
Property ID
US18-7356542
Property summary
AI-generated overview

This exceptional Class A industrial warehouse, situated in Lakeland, Florida's CenterState Logistics Park, offers 480,939 square feet of immediately available space. Built in 2021, the single-story building boasts a 40-foot clear ceiling height, 131 loading docks (including 131 dock-high doors and 2 drive-in doors), and ample trailer and car parking (142 and 253 spaces respectively, with expansion potential). The property features a substantial 164.85-acre site with over 5,100 linear feet of frontage on I-4, providing unparalleled access and visibility. The warehouse is equipped with a robust power supply (6,400A, 480/277V, 3-phase) and ESFR sprinklers. Construction is concrete tilt-wall with a 7-inch, 4,000 psi slab-on-grade foundation. The building's design incorporates clerestory windows on the north and south elevations, maximizing natural light. The roof features a white 60-mil TPO membrane over R-20 rigid insulation, and LED lighting is installed throughout. Column spacing is 56'W x 54'3"D, with a 60' speed bay. The cross-dock loading configuration and 190' deep truck court optimize operational efficiency. The property is zoned PUD Industrial within Polk County and offers approximately 3,318 square feet of office space. This is a rare opportunity to secure a state-of-the-art warehouse in a highly desirable location.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2021
Total area 1,004,929 SF
Lot 138.29 ac (6,023,782 SF)
APN 242712000000011030
UPID US18-7356542
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$117.28M
Blend (final) Blend
$112.30M
Owner & transaction history
Spus9 Centerstate Logistics Park Ea · 4 yrs held
Spus9 Centerstate Logistics Park Ea
since 2021
Last sale
$104.9M
5 recorded transactions
2021
$104.9M
2020
Price N/A
2019
$12.5M
2008
$6.9M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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