Address
10841 PARK DRIVE Riverview, FL
Price
$ 1,125,000
Property Attributes
  • MLS#T3269364
  • TypeCommercial
  • CountyHILLSBOROUGH
  • CityRiverview
  • AreaRiverview
  • NeighborhoodBalm-Riverview Office Park
  • Zip33569
  • StyleOffice
  • Year Built2007
  • Taxes14064
  • Price$ 1,125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7990
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
KELLER WILLIAMS TAMPA PROP.
Property Description

Property tours are available by appointment ONLY. Available for sale is this incredible opportunity to invest in 10841 Park Drive (the “Property”), a value-add medical office building located in the fast-growing city of Riverview, Florida. 10841 Park Drive consists of a single-story, ±6,562 SF office building situated on ±0.2 acres. Constructed in 2007, the building has been well maintained and received a new roof in 2018. The Property is currently ±86% occupied by three tenants, with an in-place NOI of ±$73195. The Property is ideally-positioned just off the highly-trafficked US Highway 301, approximately two miles from Interstate 75. In addition, the site is within close proximity to housing, schools, and local amenities. As of 2020, the Property’s demographics have ±76,182 individuals residing within a 3-mile radius. In the same year, the total specified consumer spending within a 3-mile radius of the Property accounts for ±$741,052, and there are ±1,604 businesses and ±14,626 employees. This offering presents tremendous upside potential through stabilizing and raising rents, filling vacancies, and improving upon management systems for long-term stabilized cashflow.

Price History
10/7/2020 Listed $1,125,000

General Features

Business Type Medical
Construction Materials Block
Cooling Central Air
Heating Central Individual
Levels One
MLS Area 33569 - Riverview
Property SubType Office
Property Type Commercial
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name BALM-RIVERVIEW OFFICE PARK
Terms Cash, Conventional, Other
Total Num Buildings 1
Township 30
Utilities Public, Water Connected
Year Built 2007
Zoning PD

Interior Features

Living Area 7990.00

Exterior Features

Building Area Total 7990.00
Foundation Details Slab
Lot Size Acres 0.20
Lot Size Square Feet 8563
Road Frontage Type Highway, Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33569

Price
AVG $620K
$1.13M
Taxes
AVG $5,590
$14,064
Visits
AVG 96
4
Year Built
AVG 2001
2007