2607/09/11 Sammonds Rd Plant City, FL 33563
- Warehouses
- 32,068 SF
- 3.85 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2607/09/11 Sammonds Rd
- Year built
- 1996
- Lot size
- 3.85 lot acres
- Property size
- 32,068 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Plant City, Florida industrial investment opportunity encompasses 32,068 square feet across three single-story buildings situated on a 3.85-acre lot. Currently boasting 81% occupancy, this property presents a compelling value-add proposition. The buildings, constructed in 1996, feature a desirable mix of distribution and warehouse space, including seven grade-level doors and four dock-high doors. The property's strategic location, just five minutes from Interstate 4, provides excellent access to major transportation routes, connecting Tampa and Lakeland. Zoned for industrial use, this asset offers significant potential for lease stabilization and repositioning, maximizing rental income. The property's projected Year 2 Net Operating Income (NOI) is $356,823, further highlighting its strong financial performance. Seller financing is available. The asking price is $4,000,000, translating to $124.73 per square foot. This is a rare opportunity to acquire a well-located, multi-tenant industrial property with substantial upside potential in a thriving market. The Hillsborough County property features three separate APNs: P-31-28-22-ZZZ-000006-05020.0, P-31-28-22-ZZZ-000006-05110.0, and P-31-28-22-ZZZ-000006-05120.0. The address is 2607/09/11 Sammonds Rd, Plant City, FL 33563.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plant City
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.1492
- Latitude
- 28.0072
