Downtown Mixed-Use
For Sale
$330,000
1020 E MAIN Street, Haines City, FL 33844
Commercial Sale, HAINES CITY, FL
Property Size1,359 SF
Lot Size0.11 Acres
Price / SF$242.83
Days on Market90
Property Features for 1020 E MAIN Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC
Subdivision
CHUTES SUB
Directions
On corner main st and 11th st in downtown Haines city
Standard status
Active
APN
27-27-28-774500-000470
Size
1,359 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CHUTES SUB PB 7 PG 3 LOT 47
Tax Annual Amount
1661
Legal Description
CHUTES SUB PB 7 PG 3 LOT 47
Utilities
Cooling system
Central Air
Building Details
Year built
1925
Floors in Building
1
Building materials
Block, Stucco, Frame
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Karina Turcios · License #3435337
(407) 346-7606
Added: May 29
Changed: Aug 24
Last Checked: Aug 26 at 1:06AM
MLS# O6411987
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1359-square-foot mixed-use commercial building was constructed in 1925 and includes block, stucco, and frame construction. Central air serves the building, while the mixed-use classification provides a commercial format for the property.
Located at 1020 E Main Street in Downtown Haines City, the property is within Polk County and carries GC zoning. The stated use possibilities include retail, office, and professional services, with future redevelopment also identified as an option. Its position within the downtown district places it among surrounding businesses, dining, and residential areas.
Located at 1020 E Main Street in Downtown Haines City, the property is within Polk County and carries GC zoning. The stated use possibilities include retail, office, and professional services, with future redevelopment also identified as an option. Its position within the downtown district places it among surrounding businesses, dining, and residential areas.
Key Highlights
- 1359 square feet of mixed‑use commercial building area
- 0.11‑acre site at 1020 E Main Street
- GC zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,304
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$306,080
$306.1K
Cap Rate 7%
$218,629
$218.6K
Cap Rate 9%
$170,044
$170.0K
Market Conditions
NOI Build-Up for 1,359 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.9K $19.80/SF
− Vacancy
−$2.4K −$1.78/SF
EGI
$24.5K $18.02/SF
− OpEx
−$9.2K −$6.76/SF
NOI
$15.3K $11.26/SF
Area
Polk County, FL
Vacancy
9.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$306,080
Cap Rate 7%
$218,629
Cap Rate 9%
$170,044
Alternative Uses
Best Use
Mixed Use
$218.6K
$191.3K – $255.1K
NOI $15,304 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.6K
$285.8K – $381.0K
NOI $22,861 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Explore this area
Business Placement
Demographics for 33844, FL
43,329
Population
22,018
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
84%
High-School Grad
97.2 sq mi
ZIP Area
446
Density / Sq Mi
$60,426
Median Household Income
$36,281
Median Earnings
$1,158
Median Rent
$212,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property carries GC zoning and includes central air for commercial occupancy.
Where is this mixed-use property located?
The property is located at 1020 E MAIN Street Haines City, FL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1359 square feet of mixed‑use commercial building area; 0.11‑acre site at 1020 E Main Street; GC zoning designation
