$5,750,000

10011 Water Works Lane, Riverview, FL 33578

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$5,750,000

10011 Water Works Lane Riverview, FL 33578

For Sale MLS# T3507905

18,000 sq ftCommercial

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Data current as of 30/05/2024 10:45:20

Details for 10011 Water Works Lane

MLS# T3507905

Description for 10011 Water Works Lane, Riverview, FL, 33578


Introducing this perfect and rare opportunity to purchase a remarkable investment / commercial office park at a 6.5% CAP rate. The Boardwalk of Riverview commercial office park, available for sale now, consists of 4 stand alone buildings, each housing 4 units. Total rentable sq.ft. is 18,000 sq.ft. The property is on 2.7 acres and offers 106 parking spaces. Total sq.ft. of all 4 buildings is 20,182 sq.ft. (including walkways and overhangs). The pride of ownership shows in the impecible condition the property is in. Building exteriors have nice stone accents on lower walls. Interior units have new wide plank flooring, some with carpet and tile; and high ceilings. All 16 HVAC units are new within the last 2 years. The roofs are only 5 years old. Buildings painted exterior and interiors within the last year. Driveway was resurfaced and stripped less than 2 years ago. 100% occupancy with a waiting list. Each unit has their own seperate electric meter and HVAC with a HC bathroom and nice breakroom. Inviting long tree-lined driveway into the office park, past the 2 retension ponds. Common shared picnic area. This exquisite property boasts an unrivaled location in Riverview, just off Gibsonton Drive, in the thriving business district with an unparalleled convenience and accessibility and visability. Nestled in between I-75 exit and 301 Highway. Excellent connectivity to major highways and just minutes from the new AdventHealth Hospital in Riverview. Perfect for investors seeking long-term success.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 2.70 Acres

Square Feet: 18,000 sq ft

Year Built: 2006

Stories: 1 Story

Construction: Block

Subdivision: Unplatted

Foundation: Slab

County: Hillsborough

Utilities


Other Utilities: Water Not Available

Cooling: Central Air

Driving Directions


From Downtown Tampa, I-4 to I-75 S towards Naples. Exit 250 towards Riverview. Left onto Gibsonton Drive. Right into the complex: Boardwalk Office Park of Riverview.

Financial Considerations


Tax/Property ID: U-19-30-20-ZZZ-000003-00260.1

Tax Amount: 43655.01

Tax Year: 2023

Price Changes


$5,750,000 Original Price
$5,750,000 Current Price
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Date Price Change
03/11/2024 11.19 AM $5,750,000
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Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 10011 Water Works Lane

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SchoolDigger® Rating

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