1803 Salem Rd - Medical FOR SALE


Lakeland, FL 33803- City of Lakeland
$500,000 USD
863-648-1528
1803 Salem Rd, Lakeland, FL for Sale
$500,000 USD
Medical - FOR SALE
1/31
null | Request Cap Rate

1803 Salem Rd
Lakeland, FL 33803
City of Lakeland


HIGHLIGHTS

  • Proximity to major thoroughfares such as the Polk Parkway, I-4, and US 92
  • 130 ± FT of frontage along US 98
  • Variety of allowed uses such as medical office, fitness studio, & hair salon
  • Reroofed in 2020

OVERVIEW

The subject property is a freestanding medical office building located along US 98 within the central area of Lakeland. The property is also equipped with 2 restrooms and multiple office/exam rooms. This location offers exposure and frontage to a traffic count of over 38,000 cars per day along US 98. In addition, the property is only 3 miles north of the new Orlando Health Hospital that is currently under construction. The hospital is expected to open in 2026. Location Description The property features an excellent location. I-4 is only 6 ± miles north and the Polk Parkway is only 2 ± miles south of the property. Nearby businesses include professional offices and a variety of retailers. Major nearby retailers include Publix, McDonald's, CVS, and Wendy's.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

US 98 Lakeland Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

O-1 (City of Lakeland)

APN/PARCEL ID

24-28-28-246000-003030

ASK ABOUT THIS PROPERTY

Maricruz Gutierrez MejiaSaunders Real EstateMore Info
863-648-1528

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Maricruz Gutierrez MejiaSaunders Real EstateMore Info
863-648-1528

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.