1705 Lakeland Hills Blvd
1705 Lakeland Hills Boulevard, Lakeland, Florida 33805
Sold: $610,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
3,029 sqft
Land Size
0.27 acres
Zoning
O-1
Year Built
1994
Parking
18 Spaces
Construction
Brick stucco on block constr.
Pro Forma Cap
7.01%
Pro Forma Noi
$45,563.89
Property Description
This 3,029 SF commercial building sits on 0.27 acres of land in Lakeland's primary medical corridor near both Watson Clinic's and LRH's main campuses. The building is fully occupied with month-to-month medical office tenants, making this a great value-add investment or owner user purchase. With 18 parking spaces available, the property is conveniently accessible to patients and visitors. This medical submarket is stable and maintains a high level of occupancy, ensuring a steady stream of potential tenants and customers in the future.
- Roof is fairly new - Replaced in 2017
- Parking lot was resurfaced in 2023
- 24,500 Cars per Day via Lakeland Hills Blvd
For more info, please visit Property Website
