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Property profile & analytics
OFF-MARKET Estimated value $2,190,000
Drive through restaurants

403 County Line Rd Plant City, FL 33566-5502

2,316 SF 1.12 ac lot Built 2022
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US19-0577844
Property summary
AI-generated overview

This exceptional 81,596 square foot medical office building is situated on a 1.87-acre lot in Plant City, Florida, at 403 County Line Road, zip code 33566. The property boasts CU and C-1A zoning, offering significant flexibility for various medical uses. Its prime location directly off I-4 Exit 25 provides unparalleled access to the thriving Tampa-Orlando corridor. The site is flat, dry, and fully usable, with off-site water retention and utilities extended to each lot line. This strategic location benefits from high visibility and proximity to major amenities, including a Fairfield Inn & Suites, Wendy's, McDonald's, Shell, and Mobil gas stations. The area is experiencing substantial growth, with numerous distribution centers within a one-mile radius and a new Amazon distribution center just half a mile away. The high traffic count at this busy I-4 intersection ensures excellent exposure. The property also features reciprocal cross-access easements with the adjacent Fairfield Inn & Suites, enhancing convenience and accessibility. This presents a unique opportunity to capitalize on the expanding healthcare needs of this rapidly developing region. The asking price for this remarkable property is $1,900,000.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2022
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,316 SF
Lot 1.12 ac (48,970 SF)
Zoning code PD
APN P2428225OB000000000041
UPID US19-0577844
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$2.19M
Owner & transaction history
Redline Property Group LLC · 3 yrs held
Redline Property Group LLC
since 2022
Last sale
$2.2M
1 recorded transaction
2022
$2.2M
Zoning & alternative use
PD · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of PD zone will be applied only upon specific petition by property owners proposing a unique type of planned development

Zone name Planned Development
General category PLANNED_DEVELOPMENT
Zone area 10,817.01 ac
Source Realmo
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