Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Land Investment Opportunity Title is generated by Realmo AI

    13285 Highway 92, Dover, FL 33527

    View on Map
    Claim this Listing
    For Sale
    $2,500,000

    Almost 10 acres with income-producing mobile home park.

    Type:Commercial Sale / Multi-Family
    Lot size:
    10.00 Acres
    Added:
    Jun 23, 2023
    Days on Market:
    1074
    Last Refresh:
    Mar 13 at 4:16 pm

    Property Features for 13285 Highway 92

    General Information

    Standard status
    Active
    Lot size
    10.00 Acres
    Property subtype
    Commercial Sale / Multi-Family

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Sammy O'Neill

    Listing agent Sammy O'Neill

    Listing office COLDWELL BANKER REALTY

    Listing date Jun 23, 2023

    Source Compass

    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 COLDWELL BANKER REALTY

    HighLights

    • Almost 10 acres of land suitable for development.
    • Located right off US 92 in Hillsborough County.
    • Includes a fully occupied 12‑unit mobile home park for immediate income.
    • Equipped with existing utilities: electricity, well water, and septic.
    • Waterfront features include a marina and pond.
    • Zoned for small to medium size plaza/business.

    Overview

    This commercial property, located in Hillsborough County, presents an investment opportunity with almost 10 acres of land. The property is equipped with electricity, well water, and septic. It features a 12-unit mobile home park that is currently fully occupied and can continue to generate income while the remaining land is developed. The property is located off of US 92, making it suitable for a small to medium-sized plaza or business.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.213
    Latitude
    27.9741

    Nearby Similar for Sale

    • $600,000
      3,783 SF

      Dover Land Near Retailers

      Over an acre of commercial land near national retailers.
      NEWSOME ROAD, DOVER, FL 33527
      View Details
    • $650,000
      2,540 SF

      Multi-Family Property in Dover, FL

      7.33 acres with four units needing remodeling.
      9924 ART ACRES ROAD, DOVER, FL 33527
      View Details
    • $350,000

      Cleared Land Parcel in Dover

      1.48-acre cleared land parcel suitable for custom estate.
      13419 COCOPAH LANE, DOVER, FL 33527
      View Details
    • $2,699,999
      12,992 SF

      Mixed-Use Property Near I-4

      Over 3 acres of mixed-use property near I-4.
      13309 E US 92 HIGHWAY, DOVER, FL 33527
      View Details
    • $425,000

      5.48 Acres Land in Dover

      5.48 acres, build your dream home or family estate.
      GALLAGHER ROAD, DOVER, FL 33527
      View Details
    • $265,000

      Cleared Land in Dover, Florida

      1.51 acres of pristine land, ideal for custom estate.
      13415 COCOPAH LANE, DOVER, FL 33527
      View Details
    • $249,900

      2.4 Acre Vacant Land

      Build your dream home on this 2.4-acre vacant lot.
      7211 TUMBLETON CT, DOVER, FL 33527
      View Details
    • $175,000

      Acre Plus Lot in Dover

      Cleared, level 1.05 acre lot ready to build.
      1124 JERRY SMITH ROAD, DOVER, FL 33527
      View Details
    • $120,000

      Land in Desirable Dover Location

      High and dry land parcel with existing well and septic.
      13005 TOM GALLAGHER ROAD, DOVER, FL 33527
      View Details
    • $180,000

      Residential Land in Dover, Florida

      Spacious lot in Hillsborough County with future growth potential.
      DOVER ROAD, DOVER, FL 33527
      View Details
    • $159,000

      Residential Land in Dover, FL

      Vacant lot with space, privacy, and freedom to build.
      13906 SWEET BLOSSOM COURT, DOVER, FL 33527
      View Details
    • $189,900

      Dover Land Parcel For Sale

      1.04 acre lot certified for single family home development.
      0 N DOVER ROAD, DOVER, FL 33527
      View Details

    FAQs

    What type of property is this?
    Commercial land - Almost 10 acres with income-producing mobile home park.
    Where is this commercial land located?
    The property is located at 13285 Highway 92 Dover, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Almost 10 acres of land suitable for development.; Located right off US 92 in Hillsborough County.; Includes a fully occupied 12‑unit mobile home park for immediate income.
    (813) 507-8989
    We can help!
    Listing Contact
    Sammy O'Neill
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13285 Highway 92, Dover, FL 33527
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!