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10508 Gibsonton Dr

1,890 SF 5% Leased Office Building Riverview, FL 33578 $1,500,000 ($794/SF)

Investment Highlights

  • (Retail Development)Highest and best use as vacant/ Current zoning, Planned Development (PD) -FLU: Suburban Mixed Use-6 (SMU-6) medical office

Executive Summary

Redevelopment opportunity with the potential of acquiring separately a total of 4 acres (10510 Gibsonton Road sold separately) creating twice the frontage in Gibsonton Road. Location, Location, Location!! Located 4 min (.06 miles) from the new Advent Health Riverview Hospital. Construction of the $216 million hospital located on a 23-acre tract north of the Boyette Road and U.S. 301 intersection is underway and is expected to be completed in the fall of 2024. This turnkey medical office is equipped with 5 exam rooms, waiting area, receptionist area, administrative office, 2 private Doctors’ offices, 1 ½ restrooms, Lab area, nurses ’station and breakroom with kitchenette. The property is situated on 1.08 acres, offers monument signage, 125FF of primary road frontage, 25+ parking spaces and is recently updated with a brand new tile room. Current zoning, Planned Development (PD) -FLU: Suburban Mixed Use-6 (SMU-6) Highest and best use as vacant (Retail Development) Dense medical office corridor, excellent visibility from Gibsonton drive, with traffic exposure of approximately 42,500 vehicles per day. The subject property is in an area of good population and income demographic. Directly across the street from a Lowe’s and within proximity to Interstate I75 and US Highway 301

Attachments

survey

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,890 SF
Building Class
C
Year Built/Renovated
1979/2023
Price
$1,500,000
Price Per SF
$794
Percent Leased
5%
Building Height
1 Story
Typical Floor Size
1,890 SF
Building FAR
0.04
Land Acres
1.10 AC
Zoning
PD - Highest and best use as vacant (Retail Development) Current zoning, Planned Development (PD) -FLU: Suburban Mixed Use-6 (SMU-6)
Parking
25 Spaces (13.23 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Reception
  • Storage Space
  • Central Heating
  • Partitioned Offices
  • Yard
  • Outdoor Seating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-20-30-20-ZZZ-000003-01210.0
Land Assessment
$328,125
Improvements Assessment
$180,975
Total Assessment
$509,100
  • Listing ID: 29452738

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 10508 Gibsonton Dr, Riverview, FL 33578

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