2780 Sam Allen Rd Plant City, FL 33565
This exceptional 3,100 square foot property, located at 2780 E Sam Allen Rd, Plant City, FL 33565, presents a unique investment opportunity. Currently generating $4,500 monthly income from a residential tenant, this custom-built home sits on a lot ranging from 1 to 1.1 acres (APN: U-15-28-22-ZZZ-000004-71190.0) and is ideally situated on the corner of E Sam Allen and Wilder Rd, offering excellent visibility. Its prime location across from the new Plant City Hospital and convenient access to I-4 ensures high traffic and growth potential. The property is fully enclosed by a masonry wall and gated for security. In May 2025, Plant City will adopt a new future land use designation of commercial for this property, significantly enhancing its value. The versatile design allows for easy conversion into various commercial uses, including law office, dental office, medical practice, insurance agency, or retail space. The property is available for occupancy September 15, 2024. This is a rare chance to acquire a mixed-use property in a rapidly developing area with significant upside potential. The asking price is $980,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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