1705 Lakeland Hills Blvd
SOLD May 2023 for $610,000
1705 Lakeland Hills Boulevard, Lakeland, Florida 33805
| Building Size | 3,029 Square Feet |
| Land Size | 0.27 Acres |
| Zoning | O-1 |
| Parking | 18 Spaces |
| Year Built | 1994 |
| Construction | Brick stucco on block constr. |
| Pro Forma Cap | 7.01% |
| Pro Forma NOI | $45,563.89 |
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
Agent
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Office Phone: (863) 648-1528Mobile: (863) 660-3138
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.