CENTURY 21 Edge
Retail

Commercial Lease · Retail

$60,00057,344 sq ft$1 /sq ft1.32 acres

16232 REDSTONE WAY, ODESSA, FL, 33556

Active808 days on marketListed May 22, 2024MLS #T3527670

About this property

The property at a glance

Welcome to the heart of Pasco County - a prime location where business meets convenience. Situated at the southwest corner of Redstone and Crossings Blvd, this commercial space in Odessa is a rare gem, offering a dynamic blend of exposure and accessibility. Scheduled for completion by December 2024, this space offers 5,800 sq. ft. of flexible area, with a minimum lease size of 1,500 sq. ft. The rental rates are $40 per square foot for interior spaces and $40 per square foot for end cap spaces, providing competitive options for various business needs. This location is ideal for a variety of uses, including retail stores, professional offices, and medical, or lab facilities. Notably, smoke shops and prohibited restaurants are not permitted. The open floor layout, combined with ample windows, provides abundant natural light and a spacious feel, enhancing the working environment. The site offers excellent visibility and exposure to busy State Road 54, ensuring your business will be seen by a high volume of traffic. Additionally, there are abundant parking spaces available for both tenants and visitors, ensuring convenience and accessibility. The location features a right-in on Crossings Blvd and ingress/egress on Redstone Blvd, making it easy to access. With multiple suites available (Suites 3-5), this commercial space is designed to accommodate diverse business needs. Don’t miss this opportunity to lease a prime commercial space and elevate your business. Contact us today to schedule a viewing!

57,344

Building sq ft

$1

Price / sq ft

1.32

Lot acres

2024

Year built

1

Building

MPUD

Zoning

Retail

Property type

Building size57,344 sq ft
Lot size1.32 acres
Year built2024
Buildings1
ZoningMPUD
ConstructionBlock · Stucco
CoolingCentral Air
HeatingCentral
Annual taxes$14,678

The numbers

Investment snapshot

Other

Lease structure

3 to 5 Years

Lease term

Estimated payment (illustrative)

Down payment25% · $15,000
Interest rate6.00%
Loan term

Estimated payment

$1,653/mo

Principal & interest$270
Property taxes (actual bill)$1,223
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Chad to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

49,000vehicles / day · 2025Cr-587/Gunn Hwy to Crossings Blvd · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

TruistBank0.1 mi
76Grocery0.1 mi
Mandola's FCRestaurant0.1 mi
Panera BreadRestaurant0.1 mi
HootersRestaurant0.1 mi
ShellGrocery0.2 mi
BurgerFiRestaurant0.2 mi
ChipotleRestaurant0.2 mi
Greenwise MarketplaceGrocery0.2 mi
McDonald'sRestaurant0.3 mi
Jimmy John'sRestaurant0.3 mi
Pizza Hut ExpressRestaurant0.3 mi
StarbucksRestaurant0.4 mi
Chili'sRestaurant0.4 mi
Carrabba's Italian GrillRestaurant0.6 mi
Glory DaysRestaurant0.7 mi
Hilton Garden InnLodging0.7 mi
San Jose Mexican RestaurantRestaurant0.7 mi
Brick City EateryRestaurant0.7 mi
Delectable DelightsRestaurant0.7 mi
Bangkok SushiRestaurant0.7 mi
International Beer GartenRestaurant0.7 mi
Residence Inn Tampa Suncoast Parkway at NorthPointe VillageLodging0.7 mi
RaceTracGrocery0.9 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

34,045

Population

$151,034

Median income

40.9

Median age

2.93

Avg household

$589,700

Median home value

$1,744/mo

Median rent

4,581

Households w/ kids

Recent sales

What actually sold near 16232 REDSTONE WAY

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

16540 POINTE VILLAGE DRIVE UNIT 209

$25,662

16540 POINTE VILLAGE DRIVE UNIT 209

Sold Oct 1, 2025

2550 GREEN FOREST LANE

$48,996

2550 GREEN FOREST LANE

3,710 sqft · $13/sqft · Sold Apr 30, 2026

8602 TARPON SPRINGS ROAD

$1,250,000

8602 TARPON SPRINGS ROAD

4,188 sqft · $298/sqft · Sold Apr 4, 2025

Your team

The pros in your corner

Chad Creech

Your agent

Chad Creech

President, Commercial and Development Services · CENTURY 21 Edge

Tours, offers, and every question about 16232 REDSTONE WAY — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 16232 REDSTONE WAY.

See it in person

Schedule a tour

Live availability from Chad's calendar — pick a time and it's booked.

Listing courtesy of WEICHERT REALTORS EXCLUSIVE PROPERTIES · Hector Contreras. MLS #T3527670.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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