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    1202 Walker St Plant City, FL 33563

    For Sale
    $1,250,000

    3.2-acre development site, R1-A zoned.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3.2-acre parcel, located at 1202 S Walker St, Plant City, Florida 33563, presents a unique opportunity for multifamily development. Currently zoned R1-A, the property is ideally suited for a multifamily project. Extensive due diligence has already been completed, including geotechnical testing and tree surveys, streamlining the development process for the buyer. The site's convenient location offers easy access to downtown Plant City, schools, and hospitals, making it an attractive location for residents. The preliminary work completed significantly reduces the time and cost associated with initial site assessments. This one-story development site is primed for a project addressing the need for affordable housing in the area. The property is offered at an asking price of $1,250,000. This is a turnkey opportunity for developers seeking a well-positioned site with significant potential for a profitable multifamily development. The Hillsborough County location provides access to a growing population and strong rental market. All necessary preliminary assessments are complete, allowing for a swift and efficient start to the development phase. This is a rare chance to acquire a ready-to-develop site in a desirable location.

    Property Features for 1202 Walker St

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • 3.2‑acre multifamily development site in Plant City, FL.
    • Zoned R1‑A, ideal for multifamily construction.
    • Extensive due diligence completed, including geotechnical testing and tree surveys.
    • Convenient location near downtown Plant City, schools, and hospitals.
    • Asking price: $1,250,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Plant City
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.1252252
    Latitude
    28.0054226

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    FAQs

    What type of property is this?
    Land - 3.2-acre development site, R1-A zoned.
    Where is this land located?
    The property is located at 1202 Walker St Plant City, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 3.2-acre multifamily development site in Plant City, FL.; Zoned R1-A, ideal for multifamily construction.; Extensive due diligence completed, including geotechnical testing and tree surveys.
    (813) 389-7881
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    1202 Walker St Plant City, FL 33563
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    Realmo Value Estimation

    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.

    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.

    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
    1202 Walker St Plant City, FL 33563
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