Multi-Tenant Industrial
2007 Wood Ct Plant City, FL 33563
2007 Wood Ct, Plant City, FL, 33563
$4,320,000
For Sale
$4,320,000
21,600 SF industrial building in an airport industrial park with multiple suites and staggered lease expirations through 2026.
Property Size21,600 SF
Price / SF$200
Days on Market115
Property Features for 2007 Wood Ct
General Information
- Standard status
- Active
- Size
- 21,600 SF
- Property subtype
- Industrial - Manufacturing
Building Details
- Year Built
- 1998
Listing agency
Saunders Real Estate
(863) 315-4595
Listed by
Vinh Dawkins · License #SL3611309
Source
Commercialcafe
Added: Mar 31 Updated: Jul 22 at 1:45PM Checked: Jul 22 at 1:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Saunders Real Estate
Investment Insights
Based on property information with market context.
Located within the Woodside Airport Industrial Park in Plant City, Florida, this 21,600 SF multi-tenant industrial building is 83% occupied. The building includes one current vacancy of 3,600 SF, with additional suites scheduled to roll through 2026, supported by a staggered lease expiration profile.
The property is about 2± miles from Interstate 4 and benefits from proximity to aviation facilities and regional industrial infrastructure within the industrial park.
For sale with in-place income, the staggered roll allows an owner-user to pursue occupancy growth over time while maintaining rent from remaining tenants as suites become available through 2026.
The property is about 2± miles from Interstate 4 and benefits from proximity to aviation facilities and regional industrial infrastructure within the industrial park.
For sale with in-place income, the staggered roll allows an owner-user to pursue occupancy growth over time while maintaining rent from remaining tenants as suites become available through 2026.
Key Highlights
- 21,600 SF multi‑tenant industrial building in the Woodside Airport Industrial Park (Plant City, FL), built in 1998
- 83% occupied with 1 existing vacancy totaling 3,600 SF, providing in‑place income
- Staggered lease expirations with suites rolling through 2026, supporting a phased tenant rollover plan
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $396.6k | $18.36 |
| − Vacancy | −$21.8k | −$1.01 |
| EGI | $374.8k | $17.35 |
| − OpEx | −$112.4k | −$5.21 |
| NOI | $262.3k | $12.15 |
21,600 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.75M
$3.28M – $4.37M
NOI $262,335 @ 7.0% cap · market cap 6.07%
Second Best
Warehouse
$3.27M
$2.86M – $3.82M
NOI $229,023 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$6.26M
$5.47M – $7.30M
NOI $437,886 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coastal Mechanical Services
General Contractor
E3 Solutions LLC ...
Industrial Manufacturer
Montrose Environmental Group, ...
Environmental Consultant
Konecranes
Construction Company
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FAQs
What type of property is this?
Manufacturing property - 21,600 SF industrial building in an airport industrial park with multiple suites and staggered lease expirations through 2026.
Where is this manufacturing property located?
The property is located at 2007 Wood Ct Plant City, FL.
What is the asking price?
The asking price for this property is $4,320,000.
What are key features of this property?
This property features: 21,600 SF multi‑tenant industrial building in the Woodside Airport Industrial Park (Plant City, FL), built in 1998; 83% occupied with 1 existing vacancy totaling 3,600 SF, providing in‑place income; Staggered lease expirations with suites rolling through 2026, supporting a phased tenant rollover plan
