10841 Park Drive, RIVERVIEW

$1,125,000

Pending

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0 Beds
0 Baths
0 Sqft
.2 Acres
0 Garages

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 100% 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, and improving upon management systems for long-term stabilized cashflow. The Seller deems all of this information to be true and accurate.

Essential Information
MLS® # T3269364
Price $1,125,000
Acres 0.20
Year Built 2007
Type Commercial Sale
Sub-Type Office
Status Pending
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Neighborhood Information for 10841 Park Drive

Significant Percentage of Family Households, Growing Population, Moderate Residential Turnover, Suburb of Tampa

Weather

  • Highs

    • January 70.10℉
    • July 89.70℉
  • Lows

    • January 52.40℉
    • July 75.30℉
  • rain icon

    Precipitation

    • 44.77"
   
Great Schools School Name Distance  

Center Academy-riverview

Private - 4th Grade to 12th Grade
0.7 Miles

Riverview Elementary School

Public - Preschool to 5th Grade - Closest Elementry School
0.8 Miles

Kids Community College

Public - Kindergarten to 8th Grade
0.9 Miles

Riverview High School

Public - 9th Grade to 12th Grade - Closest High School
0.9 Miles

Kids Community College Charter High School

Public - 9th Grade to 12th Grade
1.2 Miles

The Academy At True Sanctuary Of Praise

Private - Preschool to 3rd Grade
1.5 Miles

Symmes Elementary School

Public - Kindergarten to 5th Grade
1.8 Miles

School data provided by GreatSchools

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on January 25th, 2021 at 7:52am EST.