Polk County
Lakeland - FL USA - Industrial Submarket
Industrial real estate intelligence for the Polk County submarket. 93.1M SF of inventory with 7.6% vacancy. Data sourced from various MLS platforms.
93.1MSF
Inventory
9.2MSF
Available
7.6%
Vacancy
9.6%
Availability Rate
$9.40
Asking Rent
3.5%
Rent Growth
2.4MSF
12mo Absorption
2.3MSF
Under Construction
Market Metrics
12mo Delivered
1.6M SF
Under Constr % of Inv
2.5%%
Sale Price/SF
$113
Cap Rate
7.4%%
12mo Sales Volume
$238,044,091
Sales Vol Growth
-62.0%
Asset Value
$10,756,590,158
Net Absorption
+2.4M SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| LAK1 | $17.8M | 139,500 | INDUS Realty Trust |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 0-S Scenic Hwy | 2,015,000 | Not Disclosed | BEN HILL GRIFFIN INC |
Data Centre Development Potential
Moderate vacancy (7.6%) in Polk County suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 2.3M SF indicates developer confidence in the submarket. Positive net absorption of 2.4M SF over the past 12 months signals healthy demand fundamentals.
Evaluating Polk County for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.