FL
Polk
LAKELAND
33809
1025 W SOCRUM LOOP ROAD
1025 W SOCRUM LOOP ROAD, LAKELAND, FL 33809
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Listing Type
Commercial/Industrial
Listing Status
pending
8
$675,000

Home Details for 1025 W SOCRUM LOOP ROAD

Price
$675,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
5764
Year built
1980
Lot size acres
1.65
County
Polk
Garage
Basement
Crawl Space
Days on site
167
MLS Listing#
O6297700
Property Description

PLEASE SEE ATTACHED PROPERTY BROCHURE FOR ALL DETAILS! This sale encompasses two addresses, in two different parts of town. On the northside of Lakeland are 7 mobile homes located at US 98 North and West Socrum Loop Road. The second location is at 711 Nashville Road at Old Tampa Hwy and Memorial Blvd. This location has two homes. The current owner purchased the two assets and has been renovating the units. There is a tremendous amount of upside with this asset, as 4 units are vacant, and the remainder under market. The vacant units are ready to rent and market rates are strong currently. The proforma scenario represents a 13.61 cap rate with conservative Pro-forma rent expectation at $116,900.

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Property Features
  • Water Features
    • Private
    • Public
    • Well
  • Cooling Information
    • Wall/Window Unit(s)
  • Basement
    • Crawl Space
Listing Courtesy: SAUNDERS REAL ESTATE, LLC - 863-648-1528
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-09-12 10:30:57
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT REALTY 4CORNERS
49503 Hwy 27 Unit B, Davenport, FL 33897
Office
863 344 3948
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