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1119 LAKELAND HILLS BOULEVARD

Commercial Recently Sold
$710,000

BTC: 23.66666667

ETH: 355.00000000

Sold on: 2022-12-09
7 days
0 room(s)
3,036 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Fantastic Medical Investment Property at 8% Cap Rate! This 3,036 SF medical building on 0.31 acres is located in the heart of the Lakeland Medical District, across from Lakeland Regional Hospital. The tenant is Advanced Diagnostic Group, which is an Upright Open MRI clinic. Tenant has a 5 year initial lease term that started June 2015, but has two options to renew for 5 years each renewal period. They are in the first renewal period. Lease is a modified gross lease agreement.

Location

Florida • LAKELAND • 33805 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
13 to 18 Spaces / Ground Level
Year Built:
1989
Lot:
0.31 Acres
Heating:
Central
Price/sqft:
$232
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • 13 to 18 Spaces

    • Ground Level

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 242807171000012170

    • Zoning: C-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $7,143

  • Source details

    • MLS ID: L4932414

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Lot Features: City Lot / Sidewalk / Street Lights

    • Direction Faces: West

    • Living Area: 3036

    • Water Source: Public

    • Lot Size Dimensions: 100 x 135

    • Subdivision Name: BON AIR ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: 360 PERSPECTIVE PARTNERS