Riverview, FL 33569,10841 PARK DR
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Riverview, FL 33569,10841 PARK DR
Riverview, FL 33569,10841 PARK DR
Riverview, FL 33569,10841 PARK DR
Riverview, FL 33569,10841 PARK DR

$1,000,000

Est. payment /mo

$1,125,000

11.1%
Est.Price: ?

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10841 PARK DR Riverview, FL 33569

7,990 SqFt

SOLD DATE : 01/29/2021

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 7,990 sqft

Price per Sqft $125

Subdivision Balm-Riverview Office Park

MLS Listing ID T3269364

Sold Date 01/29/21

HOA Y/N No

Year Built 2007

Annual Tax Amount $14,064

Lot Size 8,712 Sqft

Acres 0.2

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 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.

Location

State FL

County Hillsborough

Community Balm-Riverview Office Park

Zoning PD

Interior

Heating Central

Cooling Central Air

Exterior

Utilities Available Public, Water Connected

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Structure Type Block

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

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Stellar MLS
Listed by KELLER WILLIAMS TAMPA PROP.
Bought with INTL. REALTY PLUS-TAMPA BAY
agent

Andrea Stultz Wood

Advisor

+1(941) 929-6529

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