11101 SUMNER ROAD
About This Property
The property is currently home to a productive vegetable nursery generating approximately $6,000 to $8,000 per month and includes two fully operational greenhouses, making it ideal for agricultural use or continued income production. The land is mostly fenced and zoned Agricultural Residential (AR), allowing for a variety of uses, with potential rezoning opportunities that could allow up to four homes per acre (buyer to verify), creating an outstanding long-term investment opportunity in a rapidly growing area.
A 3-bedroom, 2-bathroom mobile home built in 2007 sits on the property, providing comfortable on-site living or housing for farm staff while you operate or expand the business.
Conveniently located near major roadways including US-301, I-75, Big Bend Road, and with easy access to I-4 and US-98, this property offers a seamless commute to Tampa, Brandon, St. Petersburg, MacDill Air Force Base, Wesley Chapel, Lakeland, and beyond. Enjoy being just minutes from local favorites such as Manatee River Park and Apollo Beach Preserve, as well as shopping, dining, schools, and medical facilities.
Located in one of Hillsborough County's fastest-growing areas, this unique property offers the rare opportunity to live, work, and invest all in one place. Whether you're looking to continue the existing agricultural operation, build your dream homestead, or explore future development potential, this property is ready to deliver.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017