550 COMMERCE DRIVE Lakeland, FL $ 5,250,000
550 COMMERCE DRIVE
$ 5,250,000
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550 COMMERCE DRIVE

Lakeland, FL, 33813
$ 5,250,000
Bedrooms-- Baths-- Sq 15,233

Monthly Estimate*

$ 32,325

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Commercial Property for sale in Lakeland, FL

for $5,250,000. This 15,233 square foot building was built in 2008 on a lot size of 2.71.

This offering presents a rare opportunity to acquire a mission-critical asset leased to the U.S. General Services Administration (GSA), providing investors with secure, long-term income backed by the full faith and credit of the federal government. Strategically positioned within a growing Florida market, the asset offers both income stability and potential long-term upside supported by favorable regional fundamentals. This investment is particularly attractive for buyers seeking a passive, low-management asset with institutional-grade tenancy. The strength of a GSA lease, combined with the property’s functional design and established occupancy, creates a compelling opportunity to secure a high-quality government-backed income stream. The Tenant has invested over $800,000 improving the property over the last 6 years, therefore there is a high likelihood they will desire renewal, but they have no option in the lease, leaving it up to the investor to renegotiate or reposition the asset as medical use/surgery center for the greatest return.

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Commercial Active

Price

$ 5,250,000

Property Type

Commercial

Taxes

$ 32,000

Style

Office

Lot Size

2.71

Year Built

2008

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

W7885772

Features
General
Cooling Central Air
Construction Materials Concrete Stucco
Year Built 2008
Property Subtype Office
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Commercial Sale
Status Active
Directions From I-4 south on Florida Ave South 2.8 miles to Commerce Dr. on the left. Building is directly behind the post office
City LAKELAND
MLS Area 33813 - Lakeland
Lot Size Units Acres
Lot Size Square Feet 118048
Tax Annual Amount 32000
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7885772
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description COMM SE COR OF SW1/4 OF NE1/4 OF SEC RUN N00-15-30W 200 FT S90-00-00W 1265.17 FT S12-53-54E 303.74 FT N77-06-06E 128.19 FT S12-53-54E 102.83 FT TO POB CONT S12-53-54E 61.23 FT TO CURVE RUN WLY ALONG CURVE 62.97 FT N12-53-54W 60.12 FT TO PT ON R/W LIN E OF COMMERCE DR RUN ELY ALONG SAID CURVE & R/W 62.81 FT TO POB
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 2.71
Foundation Details Slab
Number of Buildings 1
Building Area Total 15233
Lot Size Acres 2.71
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type County Road
Number of Lots 1
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* Excluded Features
List By
Vip Executive Realty Llc

Broker

viprealty@tampabay.rr.com

Email

Affordability Calculator

$34,992
Per Month
92%
8%
0%
Monthly Principal & Interest
$32,325
Monthly Property Taxes
$2,667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$5,250,000 Listed Price

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550 COMMERCE DRIVE, Lakeland, FL, 33813 is a Commercial Property for sale at $5,250,000 with 15,233 sqft and a lot size of 2.71. 550 COMMERCE DRIVE was built in 2008. The property's zip code is 33813 which is in Lakeland, FL