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    Property profile & analytics
    OFF-MARKET Estimated value $1,700,000
    Medical Office Space

    2513 James L Redman Pkwy, Plant City, FL 33566-7115

    3,876 SF 0.54 ac lot Built 2018
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-8412660
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 3,750 square foot, single-tenant storefront occupied by Aspen Dental, a nationally recognized healthcare retailer, located at 2513 James L Redman Pkwy, Plant City, FL 33566. The property boasts a strong 5.75% cap rate and a substantial net operating income (NOI) of $152,625. The current lease, with a remaining term of approximately 3.9 years, extends to October 31, 2028, and includes three 5-year options with 10% rent escalations in each. Aspen Dental's corporate guarantee provides significant security. Built in 2018, this well-maintained building sits on a 0.54-acre lot and benefits from excellent visibility and high traffic counts (26,328 ADT) on a major retail corridor. Nearby retailers include Walmart, Lowe's, Winn-Dixie, and Ross. The property is an outparcel to Lowe's with convenient interconnectivity. Landlord responsibilities are limited to roof and structure maintenance. The submarket has experienced robust growth, with market rents increasing by 7.8% in the past year and vacancy rates remaining below 3.3% in the MSA. This offering presents a compelling combination of strong tenant, favorable lease terms, and a prime location within a thriving retail environment. The asking price is $2,654,000, translating to a price per square foot of $707.73.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2018
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,876 SF
    Lot 0.54 ac (23,734 SF)
    Zoning code PD
    APN P05292239Z000004000044
    UPID US18-8412660
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Motto Clear Aligners Dental Office
    • Aspen Dental - Plant City, FL Dental Office
    • Joshua Burns Dental Office
    • Michael Dickerson Dental Office
    • Loc Tong Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.70M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.30M
    Blend (final) Blend
    $1.70M
    Owner & transaction history
    Hutton Plant City Mt LLC · 1 yrs held
    Hutton Plant City Mt LLC
    since 2024
    Last sale
    $1.7M
    3 recorded transactions
    2024
    2020
    1969
    Zoning & alternative use
    PD · Plant City, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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