1404 Sydney Rd Plant City, FL 33566-7709
Property profile & analytics
1404 Sydney Rd Plant City, FL 33566-7709
- Showrooms
- 10,415 SF
- 1.60 lot acres
Property ID
US18-3451137
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- BrotSons / Bakery / Specialty Food Shop
Property Details for 1404 Sydney Rd
- Year built
- 1976
- Construction
- STEEL FRAME
- Lot size
- 1.60 lot acres
- Property size
- 10,415 SF
- Zone code
- PD
- Property type
- Showrooms
- APN
- P312822ZZZ000006052800
- APU
- P312822ZZZ000006052800
Description
This exceptional investment opportunity presents a 10,500-square-foot single-tenant warehouse situated on a 1.6-acre lot in Plant City, Florida. The property boasts 8,500 square feet of warehouse space and an additional 1,700 square feet of air-conditioned office space. The warehouse features 2 dock-high roll-up doors and 1 ramp roll-up door, along with an 18-foot ceiling height. Exterior features include a fully fenced rear area and 15 parking spaces. Significant improvements have been made within the last decade, including a roof replacement in 2013 and parking lot resurfacing and HVAC upgrades in 2018. The property is currently under a short-term net lease with approximately 3 years remaining, featuring annual rent increases of 3-7% based on market rates. This strategically located asset is within a thriving industrial corridor, just 2.5 miles from Interstate-4 and 1.5 miles from US-92, benefiting from Plant City's robust industrial market, which accounts for 60% of Tampa's absorption rate. The surrounding area boasts a population exceeding 75,900 within a 5-mile radius, projected to grow further by 2027, showcasing a 31% population increase since 2000. The asking price is $1,495,000, representing a 4.44% cap rate. This presents a compelling opportunity for investors seeking strong returns in a high-growth market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,240,000
- ML approach
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $854,000
Market price range: $394k - $2.53M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,180,000 Current use
- AUTO REPAIR, GARAGE
- $1,965,000 Change: +67% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,785,000 Change: +51% Conversion: Moderate
- RETAIL STORES
- $1,565,000 Change: +32% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plant City
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.1468
- Latitude
- 28.0035
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,373
$172,065
$328,235
$500,300
-
$172,065
$328,235
$500,300
