Lakeland Warehouses

Industrial for Sale
Catylist Listing ID: 30380851
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 16,250 SF
Gross Land Area: 0.75 Acres
Sale Price: $745,000
Unit Price: $45.85 PSF
Docks/Doors: 4 Doors
Office SF: 5,900 SF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 16,250 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 30
Last Updated: 6/14/2019

Overview / Comments

Two steel warehouses located in close proximity to downtown Lakeland, Florida.
Easy access to Hwy 92 and I-4, less than 50 miles to Tampa and Orlando.
Flex space with 5000 SF Open warehouse, 5000 SF of office and distribution warehouse in 926 Oleander.
Two income producing tenants in 918 Oleander Units, 2 and 3. 900 SF available office in 918, Unit #1.
Parking located in the front of both buildings and with in the fenced in area located in back of 918 Oleander.

Additional Details

Nearest MSA: Lakeland-Winter Haven
County: Polk
Taxing Authority: City of Lakeland, SWFWMD
Tax ID/APN: 24-28-18-205000-013020
Zoning: I-1
Property Located Between: Ingraham Ave. and Bartow Road/Hwy 98
Highway Access: Hwy 92 to I-4, Hwy 98 to Polk Parkway to I-4
Airports: Tampa, Orlando, Lakeland
Site Description: .75 acres in close proximity to downtown Lakeland.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 16,250 SF
Property Condition: Average
Year Built: 1982
Roof Type: Gable
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: 8 spaces in front and 8-10 in fenced area in back
Total Parking Spaces: 16
Sprinklers: None
Amps: 200
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Cable
Interior Description: Class B office space in 926 Oleander with attached Warehouse. Class B office space in 918 Oleander with steel warehouse space being used by two income producing tenants.
Zoning Description: City of Lakeland I-1 zoning.
Lot Frontage: 301'
Lot Depth: 140' EAST
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: TBD
Land Ownership: owned by seller
Legal Description: MORTONS ADD DB Q PG 79 BLK M W 301.61 FT OF E 541.61 FT BEING EQUIVALENT TO ALL OF BLK M LESS E 240 FT THEREOF & LESS W 443 FT THEREOF

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,896 79,946 133,267
Median Age: 35.06 37.55 39.85
Households: 4,563 31,647 53,701

Contact

Photograph of Listing Agent

Darby Bryan Craddock

Smith & Associates
CE-FL Member
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