Versatile Commercial Property in
For Sale
Contact for pricing
Pending
10708 Desoto Rd, Riverview, FL 33578
Prime location near US-301, ideal for office, retail, or warehouse.
Property Size2,219 SF
Days on Market245
Property Features for 10708 Desoto Rd
General Information
Standard status
Pending
Size
2,219 SF
Property subtype
Office
Zoning
commercial general
Building Details
Year Built
1950
Buildings
2
Stories
1
Listing Agency:
Elevated Realty
(813) 310-2333
Listed By:
Lisa Tackus · License #BK3318884
Source:
Crexi
Added: Dec 9, 2025
Changed: Aug 8
Last Checked: Aug 10 at 4:05PM
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 Elevated Realty
Investment Insights
Based on property information with market context.
This commercial property is located off US-301 and Desoto Road in Riverview. The main office building features over 1,600 sq ft of space suitable for professional offices, retail, service-based businesses, or client-facing operations. The updated office includes bathrooms, flex space, two entrances, and private offices. A separate rear building provides over 500 sq ft of space for storage, warehouse needs, or additional office use. It has electric and AC with open space and is move-in ready. The property offers visibility and convenience.
Key Highlights
- Prime commercial location with high visibility off US‑301 and Desoto Road.
- Versatile property suitable for offices, retail, or service‑based businesses.
- Main office building boasts 1,600+ sq. ft. of updated, well‑designed space.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,852
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$657,040
$657.0K
Cap Rate 7%
$469,314
$469.3K
Cap Rate 9%
$365,022
$365.0K
Market Conditions
NOI Build-Up for 2,219 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$50.1K $22.56/SF
− Vacancy
−$6.3K −$2.82/SF
EGI
$43.8K $19.74/SF
− OpEx
−$11.0K −$4.94/SF
NOI
$32.9K $14.81/SF
Area
Riverview, FL
Vacancy
12.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$657,040
Cap Rate 7%
$469,314
Cap Rate 9%
$365,022
Alternative Uses
Best Use
Office B
$469.3K
$410.7K – $547.5K
NOI $32,852 @ 7.0% cap · market cap 6.64%
Second Best
Retail
$394.6K
$345.3K – $460.4K
NOI $27,625 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$692.0K
$605.5K – $807.4K
NOI $48,443 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
465
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Prime location near US-301, ideal for office, retail, or warehouse.
Where is this office units located?
The property is located at 10708 Desoto Rd Riverview, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Prime commercial location with high visibility off US‑301 and Desoto Road.; Versatile property suitable for offices, retail, or service‑based businesses.; Main office building boasts 1,600+ sq. ft. of updated, well‑designed space.
