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    16232 Redstone Way Odessa, FL 33556

    For Lease
    $40 SF/Yr

    New medical space, prime Pasco location.

    Lot size:
    5,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5,800 square foot retail space, located at the southwest corner of Redstone and Crossings Boulevard in Odessa, Florida, is currently under construction and slated for completion by December 2024. The property offers multiple suites (Suites 1-5), each with a minimum lease size of 1,500 square feet, perfect for a variety of medical or retail uses. Interior spaces are available for $40 per square foot, while end cap spaces are $45 per square foot. The open floor plan features ample natural light and windows, creating a bright and inviting atmosphere. This location boasts excellent visibility from State Road 54, ensuring high traffic exposure. Ample parking is available for tenants and visitors, and convenient access is provided via Crossings Boulevard and Redstone Boulevard. The property is ideal for various businesses, including medical facilities, professional offices, and retail stores; however, smoke shops and certain restaurants are prohibited. This is a rare opportunity to secure a prime commercial space in a thriving Pasco County location. The flexible layout allows for customization to suit diverse business needs. Don't miss this chance to establish your business in this high-visibility, easily accessible location.

    Property Features for 16232 Redstone Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,800 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,800 SF
    Rate per SF
    $40

    HighLights

    • Retail space totaling 5,800 square feet available in Odessa, Pasco County.
    • New construction, completion expected December 2024.
    • Multiple suites available, minimum lease size 1,500 square feet.
    • Rental rates: $40/SF interior, $45/SF end cap.
    • High visibility location at Redstone and Crossings Blvd, with ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Kitchen & Bath Garden Center Daycare Center Pawn Shop Veterinary Clinic Arcade & Gaming Center Laundry Service Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5477838
    Latitude
    28.1862825

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    FAQs

    What type of property is this?
    Retail property - New medical space, prime Pasco location.
    Where is this retail property located?
    The property is located at 16232 Redstone Way Odessa, FL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: Retail space totaling 5,800 square feet available in Odessa, Pasco County.; New construction, completion expected December 2024.; Multiple suites available, minimum lease size 1,500 square feet.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16232 Redstone Way Odessa, FL 33556
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