$5,250,000
550 Commerce Drive
Lakeland, FL 33813
About this home
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.
Estimated monthly payment
$31,620/mo
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveMay 14, 2026
- Listed$5,250,000May 14, 2026
- Price increased$5,250,000
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Office
- Status
- Active
- Days on market
- 0
- County
- Polk
- Year built
- 2008
- Price/sq ft
- $345
- Building area
- 15,233 sq ft (Public Records)
- Lot size
- 118,048 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X
- Annual taxes
- $32,000 (2025)
- Parcel #
- 23-29-13-000000-023100
- MLS #
- W7885772
Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Concrete, Stucco
- Foundation
- Slab
- Road surface
- Asphalt
Listing Details
- Listing date
- 2026-05-14
- On market date
- 2026-05-14
- Original list price
- $5,250,000
- MLS area
- 33813 - Lakeland
- Listing AOR
- West Pasco
- Status changed
- 2026-05-14
- Tax 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
Location
- Flood zone
- X
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
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 15, 2026 at 1:01 AM ET. 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA