LAKELAND, FL 33813 550 COMMERCE DRIVE

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Presented By: VIP EXECUTIVE REALTY LLC with 813-475-6019. - 813-475-6019
  • MLS# W7885772
  • 05/14/2026
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 15,233

Home Details

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.
Presented By: VIP EXECUTIVE REALTY LLC with 813-475-6019. - 813-475-6019

Interior Features for 550 COMMERCE DRIVE

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes

General for 550 COMMERCE DRIVE

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLAKELAND
Construction MaterialsConcrete, Stucco
CoolingCentral Air
CountyPolk
DirectionsFrom I-4 south on Florida Ave South 2.8 miles to Commerce Dr. on the left. Building is directly behind the post office
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionCOMM 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
Living Area UnitsSquare Feet
Lot Size Square Feet118048
Lot Size UnitsAcres
MLS Area33813 - Lakeland
New ConstructionNo
OwnershipFee Simple
Property SubtypeOffice
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Tax Annual Amount32000
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2008

Exterior for 550 COMMERCE DRIVE

Building Area Total15233
Foundation DetailsSlab
Lot Size Acres2.71
Lot Size Area2.71
Number of Buildings1
Number of Lots1
Road Frontage TypeCounty Road
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $5,250,000
MLS#W7885772
List Date 05/14/2026
Property Type Commercial
Request Tour
Request Info
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