Storefront Retail
For Sale
Contact for pricing
3407 Lithia Pinecrest Rd, Valrico, FL 33596
Retail property with on-site signage and ample parking near established national retail anchors.
Property Size2,551 SF
Lot Size0.43 Acres
Price / SF$350.84
Days on Market49
Property Features for 3407 Lithia Pinecrest Rd
General Information
Standard status
Active
Size
2,551 SF
Lot size
0.43 Acres
Property subtype
RETAIL
Listing Agency:
Doyle & McGrath Real Estate & Property Management
(813) 948-7368
Listed By:
Mike Mauger
(813) 995-3864
Source:
Moodyscre
Added: Jul 31
Changed: Sep 3
Last Checked: Sep 16 at 8:56PM
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 Doyle & McGrath Real Estate & Property Management
Investment Insights
Based on property information with market context.
This storefront retail property offers 2,551 square feet on a 0.43-acre site. On-site signage and ample parking support customer access and day-to-day retail operations.
The property is located at 3407 Lithia Pinecrest Rd in Valrico, Florida, positioned between Publix and Walgreens. Its placement among recognized retail anchors provides a defined commercial setting for a buyer seeking an existing retail-oriented property.
The property is located at 3407 Lithia Pinecrest Rd in Valrico, Florida, positioned between Publix and Walgreens. Its placement among recognized retail anchors provides a defined commercial setting for a buyer seeking an existing retail-oriented property.
Key Highlights
- 2,551 square feet of retail space
- 0.43‑acre commercial site
- Positioned between Publix and Walgreens
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,547
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$730,940
$730.9K
Cap Rate 7%
$522,100
$522.1K
Cap Rate 9%
$406,078
$406.1K
Market Conditions
NOI Build-Up for 2,551 SF
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.
Gross rent
$56.0K $21.96/SF
− Vacancy
−$3.8K −$1.49/SF
EGI
$52.2K $20.47/SF
− OpEx
−$15.7K −$6.14/SF
NOI
$36.5K $14.33/SF
Area
Brandon, FL
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$730,940
Cap Rate 7%
$522,100
Cap Rate 9%
$406,078
Alternative Uses
Best Use
Retail
$522.1K
$456.8K – $609.1K
NOI $36,547 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$959.6K
$839.7K – $1.12M
NOI $67,175 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33596, FL
28,140
Population
10,455
Households
2.7
Avg Household Size
43
Median Age
49%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
2,468
Density / Sq Mi
$112,305
Median Household Income
$52,552
Median Earnings
$2,236
Median Rent
$396,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail property with on-site signage and ample parking near established national retail anchors.
Where is this storefront property located?
The property is located at 3407 Lithia Pinecrest Rd Valrico, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 2,551 square feet of retail space; 0.43‑acre commercial site; Positioned between Publix and Walgreens
