104 Reynolds St Plant City, FL 33563-3352
- Retail space
- 10,504 SF
- 0.12 lot acres
Current Use by Public Records
- Huff Photography / Photographer
- Cafe Insurance Agency, LLC / Insurance Agency
- Title Solutions Group / Title Company
- Alpha Omega Credit Solutions / Credit Counseling Service
- Rachel Rayne Photography / Photographer
Property Details for 104 Reynolds St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 lot acres
- Property size
- 10,504 SF
- Zone code
- C-1
- Property type
- Retail space
- APN
- P2928225D9000030000031
- APU
- P2928225D9000030000031
Description
Exceptional investment opportunity in a vibrant Plant City, Florida location. This 8,301 square foot multi-tenant building, constructed in 1910, boasts a prime location in the historic downtown commercial district, listed on the National Register of Historic Places. The property features a blend of office and retail spaces, currently enjoying 95.41% occupancy with a strong mix of local tenants. The building offers two street entrances on W Reynolds Street and N Collins Street, along with a spacious rear parking lot. The asking price is $995,000, representing a compelling $119.87 per square foot and a 5.86% cap rate with a current NOI of $58,322. The property sits on a 0.2-acre lot and benefits from its proximity to Interstate 4, providing easy access to Tampa and Orlando. The area is experiencing significant residential and commercial growth, with numerous new developments planned or underway within a five-mile radius. This includes the presence of major distribution centers for companies such as Amazon, Tesla, Publix, Home Depot, Advance Auto Parts, and Save-A-Lot. The strong demographics, with a population exceeding 66,800 within a five-mile radius and projected 6.2% growth by 2027, further enhance the investment potential. This is a rare chance to acquire a well-established, high-performing asset in a thriving market. The building features original facade and updated interiors, and the lease type is gross.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $310,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plant City
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.1232
- Latitude
- 28.0166
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
