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    2513 James L Redman Pkwy Plant City, FL 33566-7115
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    Property profile & analytics

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


    • Medical Office Space
    • 3,876 SF
    • 0.54 lot acres
    Off-Market
    Last Sale Sep 10, 2024
    $1,700,000
    Property ID
    US18-8412660
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,700,000
    Show details
    Cap Rate Potential
    2.1%
    Medical Office Space
    Location Intelligence

    Current Use by 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

    Property Details for 2513 James L Redman Pkwy

    Year built
    2018
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.54 lot acres
    Property size
    3,876 SF
    Zone code
    PD
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    P05292239Z000004000044
    APU
    P05292239Z000004000044

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,700,000
      ML approach
      $1,700,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,298,000
      Market price range: $638k - $1.30M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Plant City
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.1224
    Latitude
    27.9866
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,883
    $296,675
    $910,525
    $1,207,200
    -
    $296,675
    $910,525
    $1,207,200
    More about this property
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