Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Undeveloped Land with I-4 Visibility Title is generated by Realmo AI

    I-4 & McIntosh Rd, Dover, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    94 acres of undeveloped land with I-4 visibility.

    Type:LAND
    Lot size:
    94.00 Acres
    Added:
    Oct 30, 2024
    Days on Market:
    570
    Last Refresh:
    Apr 5 at 11:14 pm

    Property Features for I-4 & McIntosh Rd

    General Information

    Standard status
    Active
    Lot size
    94.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    John Artope

    Listing agent John Artope

    Listing office SRS Real Estate Partners | Orlando

    Listing date Oct 30, 2024

    Source Moodyscre

    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 SRS Real Estate Partners | Orlando

    HighLights

    • 1.94 Acres undeveloped site with high visibility along I‑4.
    • Strategic location in an area of heavy residential and commercial growth along the I‑4 corridor.
    • Convenient access via Hillsborough Ave (Hwy 92) off McIntosh Road exit from I‑4.
    • Proximity to major transportation arteries: I‑4 and I‑75.
    • Zoned AR, offering potential development opportunities.
    • Minutes from Hard Rock Casino, State Fair grounds, Tampa International Airport, and downtown Tampa.

    Overview

    This is a 94-acre undeveloped site with approximately 1000 feet of linear visibility along I-4. Access is available via Hillsborough Avenue (Hwy 92) off the McIntosh Road exit from I-4. The zoning is AR. The property is located in an area of heavy residential and commercial growth along the I-4 corridor. It is situated minutes from I-75, the Hard Rock Casino, the State Fair grounds, Tampa International Airport, and downtown Tampa.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Dover
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.29
    Latitude
    27.94

    Nearby Similar for Sale

    • $650,000
      2,540 SF

      Multi-Family Property in Dover, FL

      7.33 acres with four units needing remodeling.
      9924 ART ACRES ROAD, DOVER, FL 33527
      View Details
    • $600,000

      Dover Land Near Retailers

      Over an acre of commercial land near national retailers.
      NEWSOME ROAD, DOVER, FL 33527
      View Details
    • $426,500

      5.48 Acres Land in Dover, FL

      5.48 acres for estate home or family compound.
      GALLAGHER ROAD, DOVER, FL 33527
      View Details
    • $350,000

      Cleared Land Parcel in Dover

      1.48-acre cleared land parcel suitable for custom estate.
      13419 COCOPAH LANE, DOVER, FL 33527
      View Details
    • $249,900

      2.4 Acre Vacant Land

      Build your dream home on this 2.4-acre vacant lot.
      7211 TUMBLETON CT, DOVER, FL 33527
      View Details
    • $265,000

      Cleared Land in Dover, Florida

      1.51 acres of pristine land, ideal for custom estate.
      13415 COCOPAH LANE, DOVER, FL 33527
      View Details
    • $175,000

      Acre Plus Lot in Dover

      Cleared, level lot ready for building or home placement.
      1124 JERRY SMITH ROAD, DOVER, FL 33527
      View Details
    • $2,699,999
      12,992 SF

      Mixed-Use Property Near I-4

      Over 3 acres of mixed-use property near I-4.
      13309 E US 92 HIGHWAY, DOVER, FL 33527
      View Details
    • $180,000

      Residential Land in Dover, Florida

      Spacious lot in Hillsborough County with future growth potential.
      DOVER ROAD, DOVER, FL 33527
      View Details
    • $120,000

      Land in Desirable Dover Location

      High and dry land parcel with existing well and septic.
      13005 TOM GALLAGHER ROAD, DOVER, FL 33527
      View Details
    • $159,000

      Residential Land in Dover, FL

      Vacant lot with space, privacy, and freedom to build.
      13906 SWEET BLOSSOM COURT, DOVER, FL 33527
      View Details
    • $189,900

      Dover Land Parcel For Sale

      1.04 acre lot certified for single family home development.
      0 N DOVER ROAD, DOVER, FL 33527
      View Details

    FAQs

    What type of property is this?
    Land - 94 acres of undeveloped land with I-4 visibility.
    Where is this land located?
    The property is located at I-4 & McIntosh Rd Dover, FL.
    What is the asking price?
    The asking price for this property is $5,495,000.
    What are key features of this property?
    This property features: 1.94 Acres undeveloped site with **high visibility along I‑4**.; Strategic location in an area of heavy residential and commercial growth along the I‑4 corridor.; Convenient access via Hillsborough Ave (Hwy 92) off McIntosh Road exit from I‑4.
    (407) 590-8585 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John Artope
    Learn More
    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
    I-4 & McIntosh Rd, Dover, FL
    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!