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Property profile & analytics
OFF-MARKET
Commercial real estate

1202 Walker St Plant City, FL 33563

3.2 ac lot
Property ID
US18-4186895
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Lot 3.2 ac (139,392 SF)
UPID US18-4186895
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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