Skip to content
550 Commerce Drive, FL
Stellar MLS

$5.25M

550 Commerce Drive

Lakeland, FL 33813

Listing updated: May 15, 2026 at 1:01 AM ET

Active
Stellar MLSListing courtesy of Vip Executive Realty Llc · TOM Bible · MLS #W7885772 · Active · 813-475-6019
15,233
Building SF
2.71
Acres
2008
Built
$344.65
Per SF
Office2.71 acres$344.65/SF360° tour
Office

Property type

2008

Year built

15,233 SF

Building size

118,048 sqft

Lot size

$344.65

Price / SF

0

Days on market

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Office
Status
Active
Days on market
0
County
Polk
Year built
2008
Building area
15,233 sq ft
Price/sq ft
$344.65
Lot size
118,048 sq ft
Buildings
1
Road frontage
County Road
Annual taxes
$32K (2025)
Parcel #
23-29-13-000000-023100
MLS #
W7885772

Listing details

Listing date
2026-05-14
On market date
2026-05-14
MLS area
33813 - Lakeland
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

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

MLS GRID

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, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

Get Market Insights Delivered

Weekly Central Florida CRE updates — cap rates, new listings, market trends, and investment opportunities. No spam, unsubscribe anytime.

Or with Facebook