For Sale
$4,000,000

2607/09/11 Sammonds RdPlant City, FL 33563

32,068 SF Multi-Tenant Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Plant City, Florida industrial investment opportunity encompasses 32,068 square feet across three single-story buildings situated on a 3.85-acre lot. Currently boasting 81% occupancy, this property presents a compelling value-add proposition. The buildings, constructed in 1996, feature a desirable mix of distribution and warehouse space, including seven grade-level doors and four dock-high doors. The property's strategic location, just five minutes from Interstate 4, provides excellent access to major transportation routes, connecting Tampa and Lakeland. Zoned for industrial use, this asset offers significant potential for lease stabilization and repositioning, maximizing rental income. The property's projected Year 2 Net Operating Income (NOI) is $356,823, further highlighting its strong financial performance. Seller financing is available. The asking price is $4,000,000, translating to $124.73 per square foot. This is a rare opportunity to acquire a well-located, multi-tenant industrial property with substantial upside potential in a thriving market. The Hillsborough County property features three separate APNs: P-31-28-22-ZZZ-000006-05020.0, P-31-28-22-ZZZ-000006-05110.0, and P-31-28-22-ZZZ-000006-05120.0. The address is 2607/09/11 Sammonds Rd, Plant City, FL 33563.

Highlights

  • 81% Occupancy Rate.
  • Seller Financing Offered.
  • Seven (7) Grade-Level Loading Docks.
  • Four (4) Dock-High Doors.
  • Year Two Projected Net Operating Income (NOI): $356,823.

Property Details for 2607/09/11 Sammonds Rd

Property type
Warehouses, Industrial properties
Square Feet
32,068 SF
Year Built
1996
Buildings
3
Stories
1
Lot Size (sq. ft)
167,706 SF

Location Insight

City
Plant City
County
Hillsborough
State
Florida
Latitude
28.007165535965
Longitude
-82.149156271781
2607/09/11 Sammonds Rd, Plant City, Florida

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2607/09/11 Sammonds Rd
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