Two-Building Office
For Sale
$595,000
2290 E 92, Plant City, FL 33563
M-zoned office asset with established occupancy, highway access, and flexibility for commercial, industrial, manufacturing, and service uses.
Property Size3,556 SF
Lot Size0.90 Acres
Price / SF$165.28
Days on Market47
Property Features for 2290 E 92
General Information
Standard status
Active
Size
3,556 SF
Lot size
0.90 Acres
Property subtype
Commercial
Zoning
M
Occupancy
100%
Site & Location
Road Frontage
200 ft
Highway Access
Yes
Road Access
Yes
Additional Details
Gross Income
$53,000
Land Use
commercial
Taxes and HOA fees
Annual Taxes
$5,871
Building Details
Building Size
3,556 SF
Year Built
1960
Buildings
2
Units
2
Tenancy
Multi
Listing Agency:
The Multifamily Firm
Listed By:
Kyle Keelan · License #SL3256975
(727) 251-5953
Source:
Elliman
Added: Sep 18
Changed: Oct 30
Last Checked: Nov 1 at 6:05AM
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 The Multifamily Firm
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This M-zoned office property comprises two existing buildings totaling approximately 3,600 square feet on a ±0.90-acre site. Both buildings are occupied by commercial tenants, with electricity and certain interior maintenance assigned to the tenants. The improvements date to 1960 and offer an existing office configuration alongside potential for future owner occupancy, repositioning, or redevelopment.
The property fronts US Highway 92 in Plant City with approximately 200 feet of highway frontage and access to Interstate 4. Its location provides connectivity toward Tampa, Lakeland, and Orlando. M zoning supports a range of commercial, industrial, manufacturing, and service-oriented uses, subject to applicable requirements.
The property fronts US Highway 92 in Plant City with approximately 200 feet of highway frontage and access to Interstate 4. Its location provides connectivity toward Tampa, Lakeland, and Orlando. M zoning supports a range of commercial, industrial, manufacturing, and service-oriented uses, subject to applicable requirements.
Key Highlights
- Two office buildings total approximately 3,600 square feet
- ±0.90‑acre M‑zoned site
- Approximately 200 feet of frontage on US Highway 92
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,294
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,880
$485.9K
Cap Rate 7%
$347,057
$347.1K
Cap Rate 9%
$269,933
$269.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$39.7K $11.04/SF
− Vacancy
−$7.4K −$2.04/SF
EGI
$32.4K $9.00/SF
− OpEx
−$8.1K −$2.25/SF
NOI
$24.3K $6.75/SF
Area
Hillsborough County, FL
Vacancy
18.50%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,880
Cap Rate 7%
$347,057
Cap Rate 9%
$269,933
Alternative Uses
Best Use
Office B
$347.1K
$303.7K – $404.9K
NOI $24,294 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$912.3K – $1.22M
NOI $72,981 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
935
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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - M-zoned office asset with established occupancy, highway access, and flexibility for commercial, industrial, manufacturing, and service uses.
Where is this office building located?
The property is located at 2290 E 92 Plant City, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two office buildings total approximately 3,600 square feet; ±0.90‑acre M‑zoned site; Approximately 200 feet of frontage on US Highway 92
