Updated Sep 11, 2026
Jim Williams Sells Industrial Asset At 2829 Badger Road In Lakeland For $2,964,500
2829 Badger Road
$2,964,500
$122/SF
Building Size
24,200 SF
Asset Type
Industrial
Closing
Sep 8, 2026
About this deal
AI
The industrial property located at 2829 Badger Road in Lakeland has a total square footage of 24,200 and was sold for $2,964,500, resulting in a price per square foot of $122.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,964,500
- Address: 2829 Badger Road
- Market: Lakeland
- Seller: Jim Williams
- Brokers: Max Loria & David Richman - STL Commercial
This transaction was facilitated by brokers Max Loria and David Richman, who represented the seller in this deal, ensuring a smooth process for the sale of the asset.
Players
Lakeland Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.35%
Cash-on-Cash
-1.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93