Two-Suite Office
1214 W REYNOLDS STREET #1, Plant City, FL 33563
For Sale
$1,595,000
Single-story office property with private entrances, separate electric meters, and C1-A zoning.
Property Size6,598 SF
Price / SF$241.74
Days on Market99
Property Features for 1214 W REYNOLDS STREET #1
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Office Units
Amenities
indoor pool
private shower
Building Details
Year Built
Buildings
Stories
Listing Agency:
COMPASS FLORIDA LLC
(813) 365-9935
Listed By:
Malissa Crawford · License #3171589
(813) 967-0168
Source:
Endlesssummerrealty
Added: Aug 3
Changed: Nov 8
Last Checked: Nov 8 at 6:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS FLORIDA LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,598-square-foot office building contains two separately configured suites, each with a private entrance and separate electric meter. Suite #1 measures approximately 4,818 square feet and includes an open layout, waiting area, two private offices, three bathrooms, and an indoor pool with a private shower. Suite #2 encompasses approximately 1,300 square feet and is arranged with four office or service spaces, glass-partitioned interiors, and two bathrooms. The building was constructed in 2005.
Positioned on the corner of Highway 92 and Reynolds Road at 1214 W Reynolds Street #1 in Plant City, the property sits within the city limits along a major thoroughfare. The suites share water and sewer service while maintaining separate electrical metering. C1-A zoning is in place; intended use, occupancy, licensing, and permitting should be confirmed with the appropriate governmental authorities.
Positioned on the corner of Highway 92 and Reynolds Road at 1214 W Reynolds Street #1 in Plant City, the property sits within the city limits along a major thoroughfare. The suites share water and sewer service while maintaining separate electrical metering. C1-A zoning is in place; intended use, occupancy, licensing, and permitting should be confirmed with the appropriate governmental authorities.
Key Highlights
- 6,598‑square‑foot office building constructed in 2005
- Two suites with private entrances and separate electric meters
- Suite #1: approximately 4,818 square feet with indoor pool and private shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,855
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,100
$1.2M
Cap Rate 7%
$869,357
$869.4K
Cap Rate 9%
$676,167
$676.2K
Market Conditions
NOI Build-Up for 6,598 SF
Gross rent
$110.8K $16.80/SF
− Vacancy
−$9.4K −$1.43/SF
EGI
$101.4K $15.37/SF
− OpEx
−$40.6K −$6.15/SF
NOI
$60.9K $9.22/SF
Area
Hillsborough County, FL
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,100
Cap Rate 7%
$869,357
Cap Rate 9%
$676,167
Alternative Uses
Best Use
Healthcare Medical
$869.4K
$760.7K – $1.01M
NOI $60,855 @ 7.0% cap · market cap 3.82%
Second Best
Office B
$636.1K
$556.6K – $742.1K
NOI $44,525 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,758 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 33563, FL
27,344
Population
10,794
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
76%
High-School Grad
15.1 sq mi
ZIP Area
1,811
Density / Sq Mi
$56,318
Median Household Income
$35,142
Median Earnings
$1,226
Median Rent
$197,500
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Hillsborough County, FL
Properties on Market for Office buildings in Hillsborough County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Single-story office property with private entrances, separate electric meters, and C1-A zoning.
Where is this office building located?
The property is located at 1214 W REYNOLDS STREET #1 Plant City, FL.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 6,598‑square‑foot office building constructed in 2005; Two suites with private entrances and separate electric meters; Suite #1: approximately 4,818 square feet with indoor pool and private shower
