For Sale
$4,000,000

2605 Park Rd Plant City, FL 33563

Prime 2.3-acre retail site near I-4.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 2.3-acre commercial land parcel, located at 2605 N Park Rd, Plant City, FL 33563, presents a compelling investment opportunity. Situated in a high-demand retail-commercial zone directly across from the new Baycare Hospital, this property boasts unparalleled visibility and accessibility. Its location just off I-4 exit 22 ensures convenient access for customers and employees. The surrounding area offers a robust demographic profile, with a population exceeding 20,000 within close proximity and an average household income of $56,000 in Plant City. The city itself has experienced significant growth, expanding by over 17% since 2010. The property's strategic location benefits from the proximity of several attractions, including Plant City Stadium, Randy L. Larson Softball Four-Plex (less than a mile away), and Dinosaur World (under 3 miles). This diverse mix of local amenities further enhances the property's appeal and potential for attracting a wide range of businesses. Pro forma cap rates suggest potential annual net operating incomes ranging from $240,000 to $280,000 depending on the chosen use, making this a highly lucrative investment prospect for retail, restaurant, or medical office ventures. The property's zoning allows for a variety of commercial uses, catering to diverse business needs. This prime location, coupled with strong demographics and nearby attractions, makes this a truly exceptional investment opportunity in a thriving community.

Highlights

  • 2.3-acre retail/commercial lot at 2605 N Park Rd, Plant City, FL, directly across from new Baycare Hospital, offering high visibility and accessibility.
  • High-traffic location just off I-4 exit 22, in a rapidly growing area with strong demographics (avg. household income $56,000, population over 38,000, 17%+ growth since 2010).
  • Proximity to Plant City Stadium, Randy L. Larson Softball Complex, and Dinosaur World provides additional customer traffic.
  • Retail/commercial zoning allows for diverse business opportunities, with projected NOI ranging from $240,000 to $280,000 based on pro forma cap rates of 6% to 7%.

Property Details for 2605 Park Rd

Property type
Land

Location Insight

City
Plant City
County
Hillsborough
State
Florida
Latitude
28.0423972
Longitude
-82.1044052

FAQs

What type of property is this?
Land - Prime 2.3-acre retail site near I-4.
Where is the land located?
The property is located at 2605 Park Rd Plant City, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 2.3-acre retail/commercial lot at 2605 N Park Rd, Plant City, FL, directly across from new Baycare Hospital, offering high visibility and accessibility.; High-traffic location just off I-4 exit 22, in a rapidly growing area with strong demographics (avg. household income $56,000, population over 38,000, 17%+ growth since 2010).; Proximity to Plant City Stadium, Randy L. Larson Softball Complex, and Dinosaur World provides additional customer traffic.
How can I contact the broker?
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2605 Park Rd
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