3680 OLD SR 8 - Industrial FOR SALE


Lake Placid, FL 33852
$7,100,000 USD
786-222-1373
3680 OLD SR 8, Lake Placid, FL for Sale
$7,100,000 USD
Industrial - FOR SALE
1/46
null | Request Cap Rate

3680 OLD SR 8
Lake Placid, FL 33852


HIGHLIGHTS

  • Fully operational ±41,000 SF manufacturing facility priced at $7.1M with significant recent capital improvements.
  • Strategic location with direct access to US-27 and connectivity to major Florida metros within two hours.
  • Heavy-duty infrastructure featuring 1,200 amps / 3-phase power and 30–38 ft clear heights.
  • ±3.19-acre industrial-zoned site with ample truck circulation and outdoor storage capacity.
  • Industrial zoning permits fabrication, assembly, logistics, and materials storage by right.
  • Below-replacement cost acquisition with $1.9M in upgrades, offering scalability for long-term operational needs.

OVERVIEW

This offering presents an opportunity to acquire a fully operational ±41,000 SF industrial manufacturing facility on 3.19 acres in Lake Placid, Florida, offered at $7,100,000. The property is configured for heavy manufacturing and supports steel and aluminum fabrication, industrial assembly, and distribution. Recently upgraded with approximately $1.9 million in capital improvements, the asset boasts enhanced infrastructure, including 1,200 amps of 3-phase power and heavy-load capacity suitable for large-scale production. Located along Old State Road 8 with immediate access to US-27, the site offers strong logistics advantages, including connectivity to Miami, Fort Lauderdale, Tampa, and Orlando within a two-hour drive. The facility’s layout supports truck maneuverability, outdoor storage, and loading, including one dock-height door and three street-level bays. Clear heights range from 30–38 feet, providing vertical flexibility for heavy manufacturing operations. Positioned within Highlands County, a fast-growing secondary Florida industrial market, this asset benefits from cost advantages compared to South Florida. The area offers a favorable labor pool, reduced congestion, and central access for regional and statewide distribution. With U.S. average industrial construction costs escalating, the subject property provides a strategic opportunity to acquire below replacement cost—projected 42–73% lower than the price to build new.

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

3.39

LAND SF

147,668

ZONING

B4

APN/PARCEL ID

C-17-37-30-A00-0050-0000

ASK ABOUT THIS PROPERTY

Yuniel De VaronaFausto Commercial Realty ConsultantsMore Info
786-222-1373

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Yuniel De VaronaFausto Commercial Realty ConsultantsMore Info
786-222-1373

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