Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5110 Us Hwy 92nd W Plant City, FL 33563-8202

    • Grocery and convenience stores
    • 3,982 SF
    • 0.74 lot acres
    OFF-MARKET
    Last Sale
    May 05, 2025
    $1,150,000
    Value Estimations
    $840,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5404200
    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.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 5110 Us Hwy 92nd W

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.74 lot acres
    Property size
    3,982 SF
    Zone code
    CG
    Property type
    Grocery and convenience stores
    APN
    U262821ZZZ000003726200
    APU
    U262821ZZZ000003726200

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $740,000
      6.5%
      $680,000
      7%
      $630,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $970,000
      Current use
      MEDICAL BUILDING
      $985,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Plant City
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.1861
    Latitude
    28.0212
    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
    $8,205
    $193,200
    $349,047
    $542,247
    -
    $193,200
    $349,047
    $542,247

    Comparable in this City

    • Value Estimation
      $835,000
      6,839 SF

      2705 Thonotosassa Rd

      CONVENIENCE STORE • 6,839 SF
      2705 Thonotosassa Rd, Plant City, FL 33563-1456
      View Details
    • Value Estimation by Request
      3,586 SF

      3705 Baker St

      CONVENIENCE STORE • 3,586 SF
      3705 Baker St, Plant City, FL 33563-2842
      View Details
    • Value Estimation by Request
      2,079 SF

      1105 Baker St

      CONVENIENCE STORE • 2,079 SF
      1105 Baker St, Plant City, FL 33563-3748
      View Details
    • Value Estimation by Request
      1,344 SF

      1425 Collins St

      CONVENIENCE STORE • 1,344 SF
      1425 Collins St, Plant City, FL 33563-6577
      View Details
    • Value Estimation by Request
      3,120 SF

      3 Lk Blvd

      CONVENIENCE STORE • 3,120 SF
      3 Lk Blvd, Plant City, FL 33563-7315
      View Details
    • Value Estimation
      $695,000
      5,434 SF

      4109 State Rd 574

      CONVENIENCE STORE • 5,434 SF
      4109 State Rd 574, Plant City, FL 33563-4538
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      40,919 SF

      Plant City Retail Strip Center

      40,919 SF fully leased retail center on 2.71 acres.
      3402 W Baker St, Plant City, FL 33563
      View Details
    • $249,900
      1,252 SF

      Plant City Commercial Opportunity

      Versatile commercial property on 1.14 acres in Plant City.
      809 E Alsobrook St, Plant City, FL 33563
      View Details
    • $695,000
      1,305 SF

      Mixed-Use Commercial Investment Opportunity

      Three buildings on one parcel, zoned for retail, office, mixed-use.
      1305 E Baker St, Plant City, FL 33563
      View Details
    • $390,000
      0.10 Acres

      Plant City Commercial Building For Sale

      Stand-alone building in Plant City's historical district with parking.
      302 S Collins St, Plant City, FL 33563
      View Details
    • Contact for pricing
      4,322 SF

      Retail Investment Opportunity in Florida

      Retail building with three units in Plant City, Florida.
      1309 S Collins St, Plant City, FL 33563
      View Details
    • $160,000
      Pending

      Vacant Land in Plant City

      Unimproved 13.25 acre vacant land suitable for various zoning purposes.
      Thonotosassa Rd, Plant City, FL 33563
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former Restaurant Space For Lease

      2,759 SF former Popeye’s building available for lease.
      201 W Alexander St, Plant City, FL 33563
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      8,705 SF retail space with drive-thru and ample parking.
      201 W Reynolds St, Plant City, FL 33563
      View Details
    • Contact for pricing
      5,787 SF

      Retail Space with Prime Location

      Retail space for rent with parking and vaults.
      102 W Baker St, Plant City, FL 33563
      View Details
    • $18 SF/Yr
      1,106 SF

      Renovated Retail Space in Plant

      Completely renovated retail space in Plant City's Midtown Redevelopment District.
      301 S Collins St, Plant City, FL 33563
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space with Highway Access

      Retail space with convenient access to I-4 and high visibility.
      2501 Thonotosassa Rd, Plant City, FL 33563
      View Details
    • $25 SF/Yr
      2,038 SF

      Retail Space in Plant City

      Retail space for lease in a renovated Plant City center.
      2104-2302 James L Redman Pkwy, Plant City, FL 33563
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5110 Us Hwy 92nd W
    Plant City, FL 33563-8202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!