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35495 Us Hwy 27th N Haines City, FL 33844-3728

OFF-MARKET Retail space Google Maps
22,180 SF 1.81 ac lot Built 1981
Entity Owned 18-yr Hold ~ Est. High Equity
Estimated value (blended)
$745k
Range $671k – $820k (±10%)
Property ID US18-4095576

Property summary

AI-generated overview

This exceptional 20,700-square-foot freestanding retail building is situated on a high-traffic six-lane section of US Highway 27 in Haines City, Florida. Boasting 100% occupancy, the single-tenant property offers significant visibility and accessibility, with approximately 62,000 cars passing daily. Built in 1981, the building features 20,200 square feet of net rentable space, 35 parking spaces (including handicapped spaces), two truck bays, and a shipping porch. The property includes nine air conditioning units and a complete fire sprinkler system. Located on a 1.81-acre lot, the property is zoned CH- City of Haines City and presents a compelling investment opportunity for owner-users. Its prime location, south of AdventHealth Hospital and north of Highway 17-92, offers substantial potential for various uses, including a possible conversion to a medical clinic. The asking price is $4,249,000, translating to $205.27 per square foot. This is a rare opportunity to acquire a well-maintained, high-visibility retail property in a rapidly growing area of Polk County. The property's current tenant is vacating soon.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1981
Total area 22,180 SF
Lot 1.81 ac (78,887 SF)
APN 272720000000044070
UPID US18-4095576

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.54M
Blend (final) Blend
$745k

Owner & transaction history

since 2008
3 recorded transactions
2019
Price N/A
2008
$2.3M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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