Thonotosassa, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Thonotosassa, Florida Market population: 14K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Thonotosassa FL Properties: 1.0500%

📊 Average Income For Thonotosassa FL Commercial Property: $41,107

Investor Questions For Thonotosassa FL

Common questions from investors exploring commercial real estate in Thonotosassa FL.

What's the overall investment potential of Thonotosassa, FL, considering its demographics and economy? +

Thonotosassa's median household income of $41,107, combined with a poverty rate of 19.2% and an employed population of 5,422, suggests a stable market with opportunities for growth. The city's diverse economy, with top industries including Wholesale Trade, Information, and Agriculture, Forestry, Fishing & Hunting, & Mining, also indicates a strong foundation for investment. Additionally, the 83.5% health insurance coverage and 25.8-minute average commute time point to a relatively stable and healthy workforce.

How does the city's ethnic diversity and foreign-born population impact the real estate market? +

The top ethnicities in Thonotosassa, including White, White Non-Hispanic, and Black, contribute to a diverse community, which can attract a wide range of residents and businesses. The 8.1% foreign-born rate also suggests a potential for international investment and cultural exchange, which can positively impact the local real estate market. Furthermore, the median property value of $124,200 and median property taxes of $3,356 indicate a relatively affordable housing market, making it an attractive option for investors.

What are the key factors to consider when evaluating the quality of life in Thonotosassa for potential tenants? +

The average commute time of 25.8 minutes, top commute methods including driving alone and working from home, and health insurance coverage of 83.5% all contribute to a relatively high quality of life in Thonotosassa. Additionally, the city's poverty rate of 19.2% and unemployment rate of 7.2% suggest that while there are challenges, the overall economic stability and access to healthcare can support a stable tenant base. The homeownership rate of 67.9% also indicates a strong sense of community, which can be beneficial for rental properties.

How do the top industries in Thonotosassa impact the demand for housing and rental properties? +

The top industries in Thonotosassa, including Wholesale Trade, Information, and Agriculture, Forestry, Fishing & Hunting, & Mining, create a diverse range of job opportunities, which can drive demand for housing and rental properties. The median household income of $41,107 and employed population of 5,422 also suggest a stable workforce, which can support a strong rental market. Furthermore, the GINI coefficient of 0.504 indicates a moderate level of income inequality, which can impact the types of properties in demand, with a potential focus on affordable and mid-range housing options.

What are the implications of Thonotosassa's demographic characteristics, such as median age and household size, for real estate investment? +

The median age of 40.3 and average household size of 2.63 in Thonotosassa suggest a relatively established community with potential for family-friendly housing and rental properties. The poverty rate of 19.2% and health insurance coverage of 83.5% also indicate a need for affordable housing options, which can be an opportunity for investors to provide valuable services to the community. Additionally, the foreign-born rate of 8.1% and top ethnicities contribute to a diverse population, which can attract a wide range of residents and support a strong, stable real estate market.

Thonotosassa FL Real Estate & City Facts

Key facts and real estate information about Thonotosassa FL.

What are some of the best neighborhoods to live in Thonotosassa? +

Some of the best neighborhoods to live in Thonotosassa include Lake Thonotosassa, Flint Lake Estates, and Stonelake. These neighborhoods offer a range of housing options, from luxury homes to more affordable choices, and are known for their natural beauty and conservation efforts.

What are some fun things to do in Thonotosassa? +

There are plenty of fun things to do in Thonotosassa, including visiting Hillsborough River State Park, Flatwoods Wilderness Park, and Morris Bridge Park. You can also take a dolphin sightseeing cruise, visit the Florida Aquarium, or explore the many trails and parks in the area.

What is the food scene like in Thonotosassa? +

The food scene in Thonotosassa is diverse and exciting, with a range of restaurants serving everything from Spanish cuisine to fresh, locally sourced ingredients. Some popular restaurants include Uncle Fats Tavern, Martha's Family Restaurant, and Keel Farms, which offers a winery, brewery, and restaurant all in one.

What are the pros and cons of living in Thonotosassa? +

The pros of living in Thonotosassa include its natural beauty, conservation efforts, and range of outdoor activities. However, some cons include the potential for traffic and crowds, especially during peak tourist season. Additionally, the area is still developing, so some amenities and services may be limited.

Is Thonotosassa a good place to live? +

Overall, Thonotosassa is a great place to live for those who value natural beauty, outdoor activities, and a sense of community. While it may have some drawbacks, the area is growing and developing, and offers a unique and exciting lifestyle for those who call it home.

Thonotosassa, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Thonotosassa FL Properties: 1.0500%

📊 Average Income For Thonotosassa FL Commercial Property: $41,107

Investor Questions For Thonotosassa FL

Thonotosassa FL Real Estate & City Facts

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