Fenced Mixed-Use Property with Loading
For Sale
Contact for pricing
10517 RIVERVIEW DR, Riverview, FL 33578
Masonry commercial building with flexible rooms, customer reception, kitchen, rear access, and paved on-site parking.
Property Size3,920 SF
Lot Size0.70 Acres
Price / SF$333.11
Days on Market265
Property Features for 10517 RIVERVIEW DR
General Information
Standard status
Active
Size
3,920 SF
Lot size
0.70 Acres
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$12,577
Amenities
large rooms
3 bathrooms
kitchen
reception area
loading dock
open storage
Building Details
Building Size
3,920 SF
Year Built
1967
Buildings
1
Construction
masonry
Listing Agency:
RE/MAX REALTY UNLIMITED
Listed By:
Michael Ginty · License #653815
(813) 684-0016
Source:
Thefullerproperties
Added: Jan 21
Changed: Sep 30
Last Checked: Oct 13 at 2:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX REALTY UNLIMITED
Investment Insights
Based on property information with market context.
This masonry mixed-use property sits on a fenced 0.7-acre MOL parcel and includes a nearly 4,500-square-foot building with multiple large rooms, reception space, kitchen, and three bathrooms. The interior includes central air, ceramic tile, concrete, epoxy flooring, acoustical finishes, and drywall. A loading dock with ramp access serves the rear, while gated access along the building leads to open storage and the back portion of the site. Front parking and a fully paved asphalt area provide practical circulation around the building. The property has 250 amp electrical service and was built in 1967.
The building fronts Riverview Drive just west of US 301, along a connector between US 301 and US 41. Its RDD-DT1 zoning and existing office-oriented layout support a range of potential mixed-use configurations, subject to applicable approvals.
The building fronts Riverview Drive just west of US 301, along a connector between US 301 and US 41. Its RDD-DT1 zoning and existing office-oriented layout support a range of potential mixed-use configurations, subject to applicable approvals.
Key Highlights
- Nearly 4,500 total sq ft masonry building on a fenced 0.7 acre MOL parcel
- RDD‑DT1 zoning
- Loading dock with rear ramp access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,103
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,382,060
$1.4M
Cap Rate 7%
$987,186
$987.2K
Cap Rate 9%
$767,811
$767.8K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$121.5K $27.00/SF
− Vacancy
−$10.9K −$2.43/SF
EGI
$110.6K $24.57/SF
− OpEx
−$41.5K −$9.21/SF
NOI
$69.1K $15.36/SF
Area
Riverview, FL
Vacancy
9.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,382,060
Cap Rate 7%
$987,186
Cap Rate 9%
$767,811
Alternative Uses
Best Use
Mixed Use
$987.2K
$863.8K – $1.15M
NOI $69,103 @ 7.0% cap · market cap 4.61%
Second Best
Office B
$951.8K
$832.8K – $1.11M
NOI $66,623 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,239 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 33578, FL
58,854
Population
25,850
Households
2.3
Avg Household Size
35
Median Age
37%
College-Educated
94%
High-School Grad
20.4 sq mi
ZIP Area
2,885
Density / Sq Mi
$80,223
Median Household Income
$46,967
Median Earnings
$1,766
Median Rent
$298,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Masonry commercial building with flexible rooms, customer reception, kitchen, rear access, and paved on-site parking.
Where is this mixed-use property located?
The property is located at 10517 RIVERVIEW DR Riverview, FL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Nearly 4,500 total sq ft masonry building on a fenced 0.7 acre MOL parcel; RDD‑DT1 zoning; Loading dock with rear ramp access
