Riverview Mixed-Use Office/IOS
For Sale
Contact for pricing
6331 US-301, Riverview, FL 33578
Functional office and industrial space with secure outdoor storage.
Property Size4,575 SF
Lot Size1.00 Acre
Price / SF$326.78
Days on Market166
Property Features for 6331 US-301
General Information
Standard status
Active
Size
4,575 SF
Class
B
Lot size
1.00 Acre
Property subtype
Industrial, Office, Special Purpose
Zoning
C-I
Building Details
Year Built
1974
Year Renovated
2015
Buildings
1
Stories
1
Listing Agency:
The Settineri Group
Listed By:
Christopher Settineri · License #BK3401746
Source:
Crexi
Added: Mar 3
Changed: Aug 14
Last Checked: Aug 14 at 8:37AM
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 The Settineri Group
Investment Insights
Based on property information with market context.
This mixed-use property in Riverview features a 4,575 square foot Class B office building on a fully fenced and gated 1-acre site. The property is suitable for contractors, service providers, logistics users, and fleet-based operations, offering secure outdoor storage and parking. Located along US Highway 301, a major north-south corridor serving the Tampa Bay region, the property benefits from significant daily traffic exposure and connectivity to I-75 and surrounding growth corridors. Riverview is experiencing strong population and commercial growth within Hillsborough County, approximately 12 miles southeast of Tampa, positioned along major transportation routes including US 301 and Interstate 75. The property offers excellent visibility and access.
Key Highlights
- Rare mixed office and industrial outdoor storage (IOS) asset.
- Prime location in the rapidly growing Riverview market.
- Excellent visibility and access along US Highway 301.
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
$70,255
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
4.70%
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%
$1,405,100
$1.4M
Cap Rate 7%
$1,003,643
$1.0M
Cap Rate 9%
$780,611
$780.6K
Market Conditions
NOI Build-Up for 4,575 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
$123.5K $27.00/SF
− Vacancy
−$11.1K −$2.43/SF
EGI
$112.4K $24.57/SF
− OpEx
−$42.2K −$9.21/SF
NOI
$70.3K $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 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%
$1,405,100
Cap Rate 7%
$1,003,643
Cap Rate 9%
$780,611
Alternative Uses
Best Use
Mixed Use
$1.00M
$878.2K – $1.17M
NOI $70,255 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M
NOI $99,877 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
588
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Functional office and industrial space with secure outdoor storage.
Where is this mixed-use property located?
The property is located at 6331 US-301 Riverview, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Rare mixed office and industrial outdoor storage (IOS) asset.; Prime location in the rapidly growing Riverview market.; Excellent visibility and access along US Highway 301.
