2290 Old Combee Rd

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2290 Old Combee Rd

Lakeland, FL 33805
Asking Price
Contact for price
Asset Type
Warehouse Industrial
Class
Class B

What's Special

Fully Entitled 2.11 AC I-2 Site | Approved 15K SF Plans, Civil & Geotech Complete | Near I-4 Exit <ul><li>​2.11 AC I-2 Heavy Industrial | Approved 15K SF Site Plan</li><li>​$168K+ in Completed Pre-development Work Transfers to Buyer</li><li>​Civil Engineering (Kimley-Horn), Geotech & Boundary Survey Complete</li><li>​Building Permits Not Yet Issued — Buyer to Obtain from City of Lakeland</li><li>​~4 Miles to I-4 Exit 33 | Tampa–Orlando Logistics Spine</li><li>​I-2 Zoning: Warehousing, Mfg, Contractor Yard, Truck/Trailer Storage by Right</li><li>​Below Entitled Replacement Cost vs. Raw Land C

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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