Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    25 Acres Prime Location Land Title is generated by Realmo AI

    12828 FORT KING HIGHWAY, Thonotosassa, FL 33592

    View on Map
    Claim this Listing
    For Sale
    $3,800,000

    Land - THONOTOSASSA, FL

    Lot size:
    25.00 Acres
    Added:
    Jul 30, 2025
    Days on Market:
    309
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for 12828 FORT KING HIGHWAY

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    ASC-1
    Standard status
    Active
    APN
    U-03-28-20-ZZZ-000001-95280.0
    Lot size
    25.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5040

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    NIKETA THAKKAR

    Listing agent NIKETA THAKKAR License #3566437

    Listing office PINEYWOODS REALTY LLC 701 Harbour Post Dr, Tampa, FL

    Listing date Jul 30, 2025

    MLS# TB8401649 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 25 Acres of High and Dry Land with No Wetlands: Offers significant development potential.
    • Prime Location: Convenient access to US‑301, I‑75, and Tampa International Airport.
    • Zoned for Highly Rated A Schools: Enhances desirability for families.
    • Strong Growth Area: Indicates a sound investment opportunity.
    • Approximately 862 Feet of Frontage on Fort King Highway: Provides excellent visibility and access.
    • Utilities Available Nearby: Simplifies development.

    Overview

    This 25-acre property is located off US-301, providing convenient access to I-75 and Tampa International Airport. The land is high and dry with no wetlands, offering potential for development, a custom home, or investment. The property is zoned for highly rated A schools and is situated in an area known for its growth, convenience, and desirability within the Tampa Bay area. The land offers flexibility and value, suitable for building a private estate, equestrian property, or residential community. It features approximately 862 feet of frontage along Fort King Highway. Electricity and other utilities are available nearby, providing a foundation for future use and development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Food Market HVAC Service Grocery & Convenience Store Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Thonotosassa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.287342
    Latitude
    28.075371

    Nearby Similar for Sale

    • $775,000

      Lakefront Homesite in Stonelake Ranch

      Exceptional 1.70-acre lakefront homesite with access to Lake Thonotosassa.
      10718 OSPREY LANDING WAY, THONOTOSASSA, FL 33592
      View Details
    • $1,800,000
      9,758 SF

      Thonotosassa Commercial Land Opportunity

      Almost 5 acres of land with existing building in Thonotosassa.
      10511 MAIN STREET, THONOTOSASSA, FL 33592
      View Details
    • $675,000

      Stonelake Ranch Homesite Opportunity

      3-acre homesite in gated waterfront community with equestrian trails.
      10620 BROADLAND PASS LOT 144, THONOTOSASSA, FL 33592
      View Details
    • $765,000

      Stonelake Ranch Estate Homesite

      3.06 acre homesite in gated Stonelake Ranch community.
      12322 STONELAKE RANCH BOULEVARD, THONOTOSASSA, FL 33592
      View Details
    • $1,200,000
      816 SF

      Commercial Property on Hwy 301

      Commercial property with high-visibility frontage and multiple buildings.
      11679 N 301 HIGHWAY, THONOTOSASSA, FL 33592
      View Details
    • $560,000
      2,455 SF

      Thonotosassa Medical Office For Sale

      Single-tenant medical office building for sale in Thonotosassa, Florida.
      10616 Main Street, Thonotosassa, FL 33592
      View Details
    • $499,900

      Stonelake Ranch Estate Homesite

      1.59 acre homesite in gated Stonelake Ranch community.
      10702 OSPREY LANDING WAY, THONOTOSASSA, FL 33592
      View Details
    • $425,000

      Commercial Land on US Hwy 301

      1 acre commercial land with high visibility on US Highway 301.
      12550 N US301 HIGHWAY, THONOTOSASSA, FL 33592
      View Details
    • $1,800,000

      Thonotosassa Land and Building Opportunity

      Almost 5 acres with building, suitable for commercial or residential.
      10511 MAIN St, Thonotosassa, FL 33592
      View Details
    • $1,199,000

      High Visibility Corner Site

      1+ acre corner site on US Hwy 301.
      11703 Highway 301, Thonotosassa, FL 33592
      View Details
    • $5,600,000

      82-Acre Development Opportunity in Thonotosassa

      Prime land for residential or mixed-use development near I-4.
      12537 TOMAR DRIVE, THONOTOSASSA, FL 33592
      View Details
    • $243,000

      8.15 Acres on Hwy 301

      8.15 acres of agricultural land with highway frontage.
      14902 DEAD RIVER ROAD, THONOTOSASSA, FL 33592
      View Details

    FAQs

    What type of property is this?
    Land - 25 acres of high, dry land near Tampa Airport.
    Where is this land located?
    The property is located at 12828 FORT KING HIGHWAY Thonotosassa, FL.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: 25 Acres of High and Dry Land with No Wetlands: Offers significant development potential.; Prime Location: Convenient access to US‑301, I‑75, and Tampa International Airport.; Zoned for Highly Rated A Schools: Enhances desirability for families.
    (813) 358-1888
    We can help!
    Listing Contact
    NIKETA THAKKAR
    Real Estate License ID: 3566437
    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
    12828 FORT KING HIGHWAY, THONOTOSASSA, FL 33592
    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!