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    10508 Gibsonton Dr Riverview, FL 33578

    For Sale
    $1,500,000

    Turnkey medical office, redevelopment potential.

    Property size:
    1,890 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1,890 square foot retail property, situated on a 1.08-acre lot in Riverview, Florida, presents a unique investment opportunity. Currently configured as a turnkey medical office with five exam rooms, a waiting area, receptionist area, administrative office, two private doctors' offices, 1.5 restrooms, a lab area, nurses' station, and a breakroom with kitchenette, the property is ideally suited for continued medical use. Recent updates include a brand new tile room. The property boasts excellent visibility and high traffic exposure, with approximately 42,500 vehicles passing daily on Gibsonton Drive. Its prime location offers 125 feet of primary road frontage, ample parking (25+ spaces), and monument signage. The property is conveniently located just 0.06 miles from the new AdventHealth Riverview Hospital, a $216 million facility. Its Planned Development (PD) -FLU: Suburban Mixed Use-6 (SMU-6) zoning allows for a variety of uses, including redevelopment as retail space. The high-traffic location, proximity to Lowe's, Interstate I-75, and US Highway 301, combined with the strong demographics of the area, make this a compelling investment. An adjacent 4-acre parcel is also potentially available (separate transaction). This property offers significant potential for both immediate income generation and long-term appreciation.

    Property Features for 10508 Gibsonton Dr

    General Information

    Property type
    Retail properties
    Square Feet
    1,890 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1979
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cano Health- Riverview Medical Center Rene Disotuar Abad General Practitioner Dr. Raul E. ... General Practitioner Rapado Viera Ivan ... Doctor Emiliana Perez Nurse Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverview
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.33033
    Latitude
    27.85765

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    FAQs

    What type of property is this?
    Retail property - Turnkey medical office, redevelopment potential.
    Where is this retail property located?
    The property is located at 10508 Gibsonton Dr Riverview, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (813) 944-8939
    Request Owner's contact information
    10508 Gibsonton Dr Riverview, FL 33578
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    Riverview, FL 33578
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10508 Gibsonton Dr Riverview, FL 33578
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