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    1401 Mercantile Ct Plant City, FL 33563

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    For Sale
    $5,625,000

    66,480 SF warehouse with 6.5% cap rate.

    Property size:
    66,480 SF
    Lot size:
    4.72 Acres

    Property Features for 1401 Mercantile Ct

    General Information

    Size
    66,480 SF
    Lot size
    4.72 Acres

    Source: Boutique National, LLC (Bounat) Agent Nick Ganey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Plant City Warehouse For Sale

    This 66,480 square foot warehouse property is available for sale. The property benefits from a new roof installed in 2019. It features all grade-level doors along with one truck well that provides dock height access. The property's net operating income is $365,640, reflecting a 6.5% cap rate.
    Insight Report Location Intelligence

    Current Use by Public Records

    RESA Power Plant ... Electrical Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rentlok Self Storage Inc, Life Storage - Plant City, Paradise Cold Storage Division, Ameri Cold Logistics, Life Storage - Plant City

    Location Insight

    • Map
    • Local Demand
    City
    Plant City
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.1496612
    Latitude
    28.0029961

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    FAQs

    What type of property is this?
    Warehouse - 66,480 SF warehouse with 6.5% cap rate.
    Where is this warehouse located?
    The property is located at 1401 Mercantile Ct Plant City, FL.
    What is the asking price?
    The asking price for this property is $5,625,000.
    What are key features of this property?
    This property features: - 6. 5% Cap Rate; - NOI $365,640; - Great location
    (813) 967-6077
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    1401 Mercantile Ct Plant City, FL 33563
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    Plant City, FL 33563
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Mercantile Ct Plant City, FL 33563
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