Plant City Commercial
For Sale
$2,200,000
2295 Us Highway 92 E PLANT CITY, Plant City, FL 33563
4.28 acre commercial property with highway frontage.
Property Size15,536 SF
Lot Size4.28 Acres
Price / SF$141.61
Days on Market123
Property Features for 2295 Us Highway 92 E PLANT CITY
General Information
Standard status
Active
Size
15,536 SF
Lot size
4.28 Acres
Taxes and HOA fees
Annual Taxes
$9,471
Amenities
Carpet,Laminate,Linoleum
true
Public
4.2768
4.28
6
false
13 to 18 Spaces,RV Parking,Secured
Asphalt,Gravel
Other
Access Road,Highway,Main Throrughfare
15536
4
Private Maintained Road
1
Building Details
Building Size
15,536 SF
Year Built
1957
Buildings
4
Listing Agency:
(407) 890-1354
Listed By:
Morgan Horsley · License #654057
(407) 890-1354
Source:
Therealestatecollection
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 23 at 11:07AM
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 Morgan Horsley
Investment Insights
Based on property information with market context.
Located on US Highway 92 East in Plant City, this property offers high visibility and traffic exposure. The site consists of six combined parcels totaling approximately 4.28 acres, zoned for Manufacturing, Industrial, and Commercial use, presenting potential for future development or expansion. The property includes four structures: three concrete block buildings, one large pre-fab warehouse, and two single-wide mobile homes. The entire site is fenced with a 6-foot chain-link fence topped with barbed wire and secured by gated access. Existing utilities include city water, three septic tanks, four electric meters, and 3-phase electric service to the two largest buildings. Two 40-foot shipping containers are also included for additional storage. The property has four active, long-tenure tenants, making it suitable for investors, owner-users, or developers seeking immediate cash flow. It features over 1,466 feet of road frontage on US Hwy 92 East and provides easy access to I-4, being 20 minutes from Tampa and 30 minutes from Orlando.
Key Highlights
- High‑visibility location with 1,466 feet of frontage on US Highway 92 East
- Large 4.28 +/- acre parcel zoned Manufacturing / Industrial / Commercial with development potential
- Strong income‑producing property with four long‑tenure tenants
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
$188,687
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
8.58%
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%
$3,773,740
$3.8M
Cap Rate 7%
$2,695,529
$2.7M
Cap Rate 9%
$2,096,522
$2.1M
Market Conditions
NOI Build-Up for 15,536 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
$285.2K $18.36/SF
− Vacancy
−$15.7K −$1.01/SF
EGI
$269.6K $17.35/SF
− OpEx
−$80.9K −$5.21/SF
NOI
$188.7K $12.15/SF
Area
Hillsborough County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
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%
$3,773,740
Cap Rate 7%
$2,695,529
Cap Rate 9%
$2,096,522
Alternative Uses
Best Use
Industrial
$2.70M
$2.36M – $3.14M
NOI $188,687 @ 7.0% cap · market cap 8.58%
Second Best
Warehouse
$2.35M
$2.06M – $2.75M
NOI $164,727 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$4.50M
$3.94M – $5.25M
NOI $314,954 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Balanced
Demand for This Use
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
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - 4.28 acre commercial property with highway frontage.
Where is this warehouse located?
The property is located at 2295 Us Highway 92 E PLANT CITY Plant City, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑visibility location with 1,466 feet of frontage on US Highway 92 East; Large 4.28 +/- acre parcel zoned Manufacturing / Industrial / Commercial with development potential; Strong income‑producing property with four long‑tenure tenants
