Plant City Retail Investment
2900 James L Redman Pkwy Plant City, FL
For Sale
Contact for pricing
27,669 SF retail building in Plant City, Florida.
Property Size29,669 SF
Lot Size10.56 Acres
Price / SF$252.79
Days on Market433
Property Features for 2900 James L Redman Pkwy
General Information
Standard status
Active
Size
29,669 SF
Lot size
10.56 Acres
Property subtype
RETAIL
Properties For Sale
at 2900 James L Redman Pkwy Contact us
Listing Agency:
Saunders Real Estate, LLC
(813) 967-2862
Listed By:
Jerrod Parker · License #SL3528916
(813) 967-2862
Source:
Moodyscre
Added: May 23, 2025
Changed: Jul 6
Last Checked: Jul 21 at 7:02AM
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, LLC
Investment Insights
Based on property information with market context.
This property presents an investment opportunity in Plant City, Florida, featuring a 27,669 square foot building suitable for retail and street retail ventures. Constructed in 1972 and zoned C-1, the property is located along State Road 39 (James L Redman Pkwy), offering visibility and access for businesses. The property's zoning and layout provide possibilities for retail expansion and growth within the Plant City market.
Key Highlights
- 27,669 SF building suitable for Retail and Street Retail
- Zoned C‑1, allowing for a wide array of retail ventures
- Strategic location on State Road 39 (James L Redman Pkwy) in Plant City
Financial Insights For Retail
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 | $445.0k | $15.00 |
| − Vacancy | −$28.9k | −$0.98 |
| EGI | $416.1k | $14.03 |
| − OpEx | −$124.8k | −$4.21 |
| NOI | $291.3k | $9.82 |
29,669 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.16M
$3.64M – $4.85M
NOI $291,275 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.59M
$7.52M – $10.02M
NOI $601,465 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 27,669 SF retail building in Plant City, Florida.
Where is this retail space located?
The property is located at 2900 James L Redman Pkwy Plant City, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 27,669 SF building suitable for Retail and Street Retail; Zoned C‑1, allowing for a wide array of retail ventures; Strategic location on State Road 39 (James L Redman Pkwy) in Plant City
