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Unique Ruskin Mixed-Use Opportunity

100 E SHELL POINT Rd Ruskin, FL 33570

100 E SHELL POINT Rd, Ruskin, FL, 33570
$944,988
For Sale
$944,988

Two-story commercial/residential building with flexible mixed-use potential.

Property Size6,500 SF
Price / SF$145.38
Days on Market89

Property Features for 100 E SHELL POINT Rd

General Information

Standard status
Active
Size
6,500 SF
Property subtype
Commercial

Building Details

Year Built
1977
Listing agency Keller Williams Realty
Listed by Brandon Rimes · License #3228106
Source Elliman
Added: Apr 24 Updated: Jul 10 at 3:57PM Checked: Jul 21 at 8:34AM

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 Keller Williams Realty


Investment Insights

Based on property information with market context.

This two-story commercial/residential building offers approximately 6,500 sq. ft. of space. The building's design is inspired by the De Stijl Dutch artistic movement. The second floor offers approximately 3,400 sq. ft. and includes four spacious units: two one-bedroom apartments (approximately 900 sq. ft. each) and two office suites (approximately 650 sq. ft. each). These units provide opportunities for residential rentals, office space, or potential short-term rental use, subject to local regulations. The main floor was renovated in 2020 and features a large open space, workshop area, storage space, and an additional large suite with a full bathroom and kitchen. The main floor is suited for creative businesses, retail concepts, studio, or professional office. Additional features include two exterior staircases with no interior stairs, providing convenient access to the upper units, as well as a large parking area behind the building plus front parking spaces for customers and tenants. This property opens the door to numerous opportunities including residential rental, retail, office space, creative studios, galleries, mixed-use concepts, or potential short-term rentals such as Airbnb. The site may also present a future development opportunity with the potential for approximately 20 units. The bike score is 47, indicating it is somewhat bikeable, and the walk score is 45, indicating car-dependent.

Key Highlights

  • High‑visibility catty‑corner lot in the heart of Ruskin.
  • Unique, De Stijl Dutch‑inspired geometric design and modern aesthetic.
  • Flexible mixed‑use potential with approximately 6,500 sq. ft. of space.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $140.4k $21.60
− Vacancy −$11.2k −$1.73
EGI $129.2k $19.87
− OpEx −$48.4k −$7.45
NOI $80.7k $12.42
6,500 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,730 @ 7.0% cap · market cap 8.54%
Second Best
Retail
$911.6K
$797.7K – $1.06M (±1% cap)
NOI $63,814 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,771 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rainbow III Social Service Agency Celebrity Looks Hair ... Hair Salon Eric Crispen - Computer ... Computer & Electronic Repair Dose of Steph Hair Salon

Suggested Use

Dental Office Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Pharmacy Gym & Fitness Center Auto Parts Store Hotel & Motel Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Mixed-use property - Two-story commercial/residential building with flexible mixed-use potential.
Where is this mixed-use property located?
The property is located at 100 E SHELL POINT Rd Ruskin, FL.
What is the asking price?
The asking price for this property is $944,988.
What are key features of this property?
This property features: High‑visibility catty‑corner lot in the heart of Ruskin.; Unique, De Stijl Dutch‑inspired geometric design and modern aesthetic.; Flexible mixed‑use potential with approximately 6,500 sq. ft. of space.
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