35967 Us Highway 27 N Haines City, FL 33844
Property profile & analytics
35967 Us Highway 27 N Haines City, FL 33844
- Retail space
- 14,960 SF
- 3.10 lot acres
Property ID
US18-7616668
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
- Retail space
Property Details for 35967 Us Highway 27 N
- Year built
- 2021
- Lot size
- 3.10 lot acres
- Property size
- 14,960 SF
- Property type
- Retail space
- APN
- 272720749035000010
- APU
- 272720749035000010
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,302,000
- AI Estimate
- $2,433,000
Market price range: $1.14M - $3.66MMarket price range: $836k - $2.68M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,345,000 Current use
- MEDICAL BUILDING
- $4,630,000 Change: +98% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,240,000 Change: +81% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,640,000 Change: +55% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,740,000 Change: +17% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $2,315,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Haines City
- County
- Polk
- State
- Florida
- Longitude
- -81.6381
- Latitude
- 28.1223
- CBSA code
- 29460
- CBSA name
- LAKELAND, 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
$38,161
$0.00
$0.00
$1,781,270
-
$0.00
$0.00
$1,781,270
