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2985 Old Medulla Rd 39,100 SF Industrial Building Lakeland, FL 33811 For Sale
Executive Summary
CBRE, as exclusive advisor, is pleased to present this premier industrial manufacturing and distribution investment opportunity in Lakeland, Florida. Strategically positioned along the highly traveled I-4 corridor between Tampa and Orlando, this ±39,100 SF stand-alone industrial facility sits on approximately ±6.0 acres and offers an exceptional opportunity for both owner-users and investors seeking an industrial asset with strong functionality and long-term value.
Constructed in 2006, the property features a highly efficient layout with a 32-foot insulated clear height, seven overhead bridge cranes (four 10-ton and three 5-ton), 1,600-amp, 3-phase, 480/277V electrical service, a 7,500 SF climate-controlled machine shop, and approximately 5,850 SF of office space. The facility is ideally suited for heavy fabrication, advanced manufacturing, warehousing, and distribution operations.
Designed for operational efficiency, the building offers a drive-through, grade-level configuration that supports seamless production flow, equipment movement, and truck circulation. The expansive site provides ample yard area and presents the potential for future building expansion or additional outdoor storage.
From an investment perspective, the property's specialized infrastructure, strategic Central Florida location, and limited supply of comparable crane-served facilities position it as a compelling industrial asset with strong leasing appeal. Conveniently located just 5 miles from Lakeland Linder International Airport and approximately 3 miles from Polk Parkway (SR 570), the property provides excellent access to the Tampa and Orlando metropolitan areas and Central Florida's growing industrial and logistics markets.
Building to be sold vacant.
Constructed in 2006, the property features a highly efficient layout with a 32-foot insulated clear height, seven overhead bridge cranes (four 10-ton and three 5-ton), 1,600-amp, 3-phase, 480/277V electrical service, a 7,500 SF climate-controlled machine shop, and approximately 5,850 SF of office space. The facility is ideally suited for heavy fabrication, advanced manufacturing, warehousing, and distribution operations.
Designed for operational efficiency, the building offers a drive-through, grade-level configuration that supports seamless production flow, equipment movement, and truck circulation. The expansive site provides ample yard area and presents the potential for future building expansion or additional outdoor storage.
From an investment perspective, the property's specialized infrastructure, strategic Central Florida location, and limited supply of comparable crane-served facilities position it as a compelling industrial asset with strong leasing appeal. Conveniently located just 5 miles from Lakeland Linder International Airport and approximately 3 miles from Polk Parkway (SR 570), the property provides excellent access to the Tampa and Orlando metropolitan areas and Central Florida's growing industrial and logistics markets.
Building to be sold vacant.
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 39,100 SF |
| Sale Condition | High Vacancy Property | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2006 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 32’ |
| Lot Size | 6.00 AC | No. Drive In / Grade-Level Doors | 7 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 6.00 AC |
| Rentable Building Area | 39,100 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Tenancy | Single |
| Clear Ceiling Height | 32’ |
| No. Drive In / Grade-Level Doors | 7 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 23-29-09-000000-011070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,681,291 |
Property Taxes
Parcel Number
23-29-09-000000-011070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,681,291
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