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Property profile & analytics
OFF-MARKET Estimated value $2,870,000
Retail space

35967 Us Hwy 27th N Haines City, FL 33844-3738

14,960 SF 3.1 ac lot Built 2021
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US18-7616668
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, six-tenant retail center totaling 22,641 square feet on a 3.1-acre parcel in Haines City, Florida. Located at 35967 US Hwy 27, this property boasts a prime location with high visibility and traffic counts averaging 57,500 vehicles per day. The center is anchored by Harbor Freight and benefits from a strong tenant mix. Each of the six tenants has a lease with either a 3% annual rent increase or a 10% increase every five years, ensuring consistent income growth. Furthermore, each lease includes at least one five-year option period. The property features 141 parking spaces and is zoned CG. Built in 2021, this single-story building offers a low-management, fee-simple ownership structure with a net operating income (NOI) of $356,668 and a 6.00% cap rate. The asking price is $5,944,000. The property benefits from its location within a rapidly growing area, with new residential developments adding thousands of homes nearby, including a Publix-anchored shopping center currently under construction. The surrounding area also features numerous national credit tenants, further enhancing the property's value and long-term potential. This is a passive investment opportunity with full pass-through expenses and the advantage of Florida's no-state-income-tax environment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Total area 14,960 SF
Lot 3.1 ac (134,905 SF)
APN 272720749035000010
UPID US18-7616668
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.30M
Blend (final) Blend
$2.87M
Owner & transaction history
Justron LLC · 1 yrs held
Justron LLC
since 2024
2 recorded transactions
2024
$5.7M
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.6M +97.6%
Commercial (general) $4.2M +80.9%
Auto repair, garage $3.6M +55.5%
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