Commercial Sale · Mixed Use
4040 WARING ROAD, LAKELAND, FL, 33811
Active172 days on marketListed Feb 10, 2026MLS #L4959325
About this property
The property at a glance
PREMIER AIRPORT-ADJACENT DEVELOPMENT OPPORTUNITY: 6.22 ACRES IN LAKELAND'S FASTEST-GROWING INDUSTRIAL CORRIDOR Strategic Location | Exceptional Visibility | Unparalleled Growth Potential PROPERTY OVERVIEW Presenting a rare assemblage of three contiguous parcels totaling 6.22 acres on Waring Road in Lakeland, Florida—positioned in the heart of the nation's fastest-growing metropolitan area and mere minutes from Lakeland Linder International Airport, the region's economic powerhouse generating $1.5 billion in annual economic impact. This exceptional opportunity combines prime industrial zoning, existing income-producing infrastructure, and extraordinary development potential in one of Central Florida's most dynamic commercial corridors. Property Components: 4002 Waring Road: 2.31 acres with 1,898 sf residence (1968) 4040 Waring Road: 2.31 acres featuring professionally remodeled 3,079 ssf office building (1978, remodeled 2004) with current lease generating immediate income 4102 Waring Road: 1.60 acres with 2,160 sf residence (1975) Total Assemblage: 6.22 acres | Zoning: Commercial/Industrial (BPC-1) | Combined Assessed Value: $940,184 THE LAKELAND ADVANTAGE: EXPLOSIVE GROWTH IN AMERICA'S #1 BOOM TOWN Population & Economic Surge Lakeland-Winter Haven isn't just growing—it's exploding. The U.S. Census Bureau crowned this metro area as America's fastest-growing from 2020-2023 with an unprecedented 12.1% growth rate, outpacing every major metropolitan area in the nation. With over 5 million people living within 50 miles and a projected 9.5% continued growth rate, the economic fundamentals driving property values here are extraordinary. THE I-4 CORRIDOR: FLORIDA'S PREMIER LOGISTICS SUPERHIGHWAY Your property's location along the I-4 Industrial Corridor connecting Tampa Bay to Orlando provides unmatched strategic advantage for logistics, distribution, manufacturing, and corporate operations. Market-Leading Industrial Performance (2025): Vacancy Rate: 6.7% (vs. 10% national average) Year-to-Date Absorption: 3+ million square feet Average Asking Rent: $8.19/sqft (up 9.3% year-over-year) Under Construction: 814,037 square feet of new industrial space Land Values: Averaging $151,397 per acre for commercial properties Major Corporate Presence: Publix Super Markets: Florida's grocery giant is investing $121 million in a cutting-edge 190,000 sqft technology campus in downtown Lakeland, creating 200 high-tech jobs. This hometown corporate headquarters expansion validates Lakeland's ascent as a business capital. Amazon Air: The e-commerce behemoth operates a $100 million cargo facility at Lakeland International, processing shipments for the entire I-4 corridor and creating a robust ecosystem of supporting businesses. Lakeland Central Park: The $750 million, 740-acre industrial mega-project broke ground on Phase II in December 2025, ultimately delivering up to 5 million square feet of Class A industrial space. This represents one of Central Florida's largest commercial developments ever undertaken. ZONING & DEVELOPMENT FLEXIBILITY: BPC-1 COMMERCIAL/INDUSTRIAL The property's BPC-1 (Business Park Commercial) PUD4177 zoning provides exceptional flexibility for diverse uses, including: Water & Sewer are located at the Southeast Corner of the property.
3,079
Building sq ft
$715
Price / sq ft
6.22
Lot acres
1978
Year built
2
Buildings
RE-2
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$10,647/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
1,847
Population
$80,155
Median income
36
Median age
3
Avg household
$370,545
Median home value
$146/mo
Median rent
201
Households w/ kids
Consumer profile
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Recent sales
What actually sold near 4040 WARING ROAD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$399,000
114 PALMOLA STREET S
2,326 sqft · $172/sqft · Sold Nov 19, 2025
$305,000
4444 HIGHLAND LANE
2,162 sqft · $141/sqft · Sold Feb 27, 2026
$979,900
613 SCHOOLHOUSE ROAD
5,000 sqft · $196/sqft · Sold Nov 25, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 4040 WARING ROAD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 4040 WARING ROAD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of 360 PERSPECTIVE PARTNERS · Brett Vogeler. MLS #L4959325.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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