901 Workman Way

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901 Workman Way

davenport, FL 33837
Asking Price
$4.12M
Asset Type
Retail
Class
Class B

What's Special

901 Workman Way is located in Davenport, Florida, positioned within a rapidly growing corridor near the intersection of Highway 27 and Interstate 4. The neighborhood is characterized by a mix of established residential developments and new construction, driven by the expansion of the Orlando metropolitan area. Nearby amenities include several large-scale power centers, grocery anchors, and hospitality venues supporting the local tourism industry. The site benefits from high visibility and proximity to major thoroughfares, providing reliable regional access for commuters and visitors traveling between Lakeland and Orlando. The property is suited for a variety of retail applications, including neighborhood service providers, light food and beverage outlets, or specialty showrooms. Its location serves a demographic profile consisting of local families, seasonal residents, and transient highway traffic. Ideal tenants include national brands seeking a foothold in a high-growth market, as well as regional service businesses requiring a central location with consistent daily vehicle counts. The layout supports flexible floor plans adaptable for high-volume consumer interaction or showroom requirements.

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NOI
$80,000
Cap Rate
1.94%
DSCR
0.33
Underwater
Cash-on-Cash
-13.31%
Monthly Payment
$20,373.617
Annual Cash Flow
$-164,483.406

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