US HIGHWAY 17/92 N
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
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| Sep 21, 2026 | Listed by RE/MAX ASSURED | $150,000 | |
| Listed by RE/MAX ASSURED | |||
| Mar 5, 2026 | Listed by FLORIDA HOMES REALTY & MORTGAGE | $99,000 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE | |||
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Great location. Fast growing area. Prime area to build your residential dream home. Lot is approximately ¾ of an acre. So close to I4, close to Cypress Pkwy Cty Road 580, Reunion, Champions Gate etc. Lot backs up to a conservation area. Buyers must perform due diligence to confirm the property meets their expectations.
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| Oct 1, 2025 | Listed by LA ROSA REALTY LLC | $3,499,000 | |
| Listed by LA ROSA REALTY LLC | |||
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Vacant Land Opportunity on Highway 17-92 – 9.2 Acres – Employment Center Zoning
Prime 9.2-acre parcel located directly on Highway 17-92 in Davenport, Polk County. This property offers excellent visibility and easy access, with high traffic counts along one of the area’s main corridors.
Zoned Employment Center (EC), the site allows for a variety of potential uses including office, commercial, retail, light industrial, mixed-use developments, and multi-family residential, subject to county approval. The flexibility of this zoning makes it an ideal location for investors and developers looking to capitalize on the rapid growth of Davenport and the surrounding Central Florida market.
Situated just minutes from I-4, US-27, and major residential communities, the property is strategically positioned to serve both local residents and the growing regional population.
This is a rare opportunity to acquire a large tract with strong development potential in one of Polk County’s fastest-growing areas.
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| Aug 8, 2022 | No longer available | - | |
| No longer available | |||
| Jun 14, 2022 | Price Decreased |
$100,000
↓ $49K
(32.9%) | |
| Price Decreased | |||
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About Davenport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017