111 S Collins Street Plant City, FL 33563
Downtown mixed-use building with three leased commercial spaces and five apartments, plus private rear parking.
- Added:
- Jun 19, 2026
- Days on Market:
- 24
- Last Refresh:
- Jun 26 at 2:12 am
Property Features for 111 S Collins Street
General Information
- Standard status
- Active
- Size
- 10,154 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1907
Listing office LUXURY ORLANDO REAL ESTATE (407) 705-7634
Listing date Jun 19, 2026
Source Xome
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Investment Insights
Based on property information with market context.
Located on S. Collins Street in Downtown Plant City, the building benefits from on-site private parking in a rear lot that is included with the sale. A public parking lot across the street is also noted, supporting convenient parking for tenants and their customers.
For buyers or operators, the property offers an in-place, multi-tenant setup with both retail and residential income under separate metering. The current tenant and lease structure described in the remarks is designed to shift operating responsibilities for the commercial portion to the respective tenants, while the residential units provide additional occupancy within the same building.
Key Highlights
- Downtown mixed‑use building on the corner of S. Collins St., featuring 3 commercial spaces downstairs and 5 apartments upstairs
- 8 total tenants: 3 commercial tenants on Triple Net NNN leases plus 5 apartments (two 2‑bedroom units and three 1‑bedroom units)
- Commercial tenants on Triple Net NNN leases pay their share of property taxes, maintenance, and utilities
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.3k | $21.60 |
| − Vacancy | −$17.5k | −$1.73 |
| EGI | $201.8k | $19.87 |
| − OpEx | −$75.7k | −$7.45 |
| NOI | $126.1k | $12.42 |
