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    Industrial Building with Fenced Yard Title is generated by Realmo AI

    6508 S 78th St, Riverview, FL

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    25,690 SF industrial building on 3.4 acres.

    Type:INDUSTRIAL
    Property size:
    25,690 SF
    Lot size:
    4.63 Acres
    Price / SF:
    $175/SF
    Added:
    Mar 14, 2025
    Days on Market:
    470
    Last Refresh:
    May 20 at 8:47 pm

    Property Features for 6508 S 78th St

    General Information

    Standard status
    Active
    Size
    25,690 SF
    Lot size
    4.63 Acres
    Property subtype
    INDUSTRIAL

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    Bill Besselieu
    Bill Besselieu

    Listing office William D. Besselieu

    Listing date Mar 14, 2025

    Source Moodyscre

    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 William D. Besselieu

    HighLights

    • Large 3.4‑acre fenced yard offering multiple use possibilities and ample outside storage.
    • 25,690 SF industrial building with flexible space suitable for manufacturing, warehouse distribution, and assembly.
    • Strategic location in the Palm River/Riverview submarket with good access to major highways and Port Tampa Bay.
    • M/Manufacturing zoning provides versatile options for business operations.
    • Multiple loading options with 6 grade‑level doors, including a covered loading well.
    • 3‑phase power to support various industrial operations.

    Overview

    This free-standing, grade-level industrial building offers ample outside storage on two parcels totaling 3.4 acres. Located in the Palm River/Riverview submarket, the property provides convenient access to US 41, US 301, and Interstate 75. Zoned for manufacturing, the fenced yard allows for diverse uses. The building features multiple loading options, including roll-up doors on all sides and a covered loading well with a door on the north side. The 25,690 square foot building includes approximately 10% office space. Built in 1988, the metal construction has clear heights of 19 feet at the eaves. There are six grade-level doors, including a front door measuring 14 feet high by 16 feet wide and a back door measuring 12 feet high by 14 feet wide. The property is equipped with 3-phase power and county water and septic utilities. The current flood zone is Zone AE. The property is suitable for manufacturing, warehouse distribution, and assembly uses. The location is a short drive to Port Tampa Bay’s Port Sutton along US 41/50th St. The property includes a good-sized fenced yard for outside storage and multiple dock doors. Taxes for 2024 were $32,527. The seller requires 6 months to relocate.

    Local Financial Insights For Warehouse

    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 $336.0k $13.08
    − Vacancy −$24.9k −$0.97
    EGI $311.2k $12.11
    − OpEx −$46.7k −$1.82
    NOI $264.5k $10.30
    25,690 SF · lease $13.08/SF/yr · vacancy 7.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.78M
    $3.31M – $4.41M (±1% cap)
    NOI $264,485 @ 7.0% cap · market cap 5.88%
    Second Best
    Industrial
    $3.11M
    $2.72M – $3.63M (±1% cap)
    NOI $217,812 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    Office A
    $8.01M
    $7.01M – $9.35M (±1% cap)
    NOI $560,838 @ 7.0% cap · market cap 12.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverview
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3679
    Latitude
    27.8856

    FAQs

    What type of property is this?
    Manufacturing property - 25,690 SF industrial building on 3.4 acres.
    Where is this manufacturing property located?
    The property is located at 6508 S 78th St Riverview, FL.
    What is the asking price?
    The asking price for this property is $4,499,900.
    What are key features of this property?
    This property features: Large 3.4‑acre fenced yard offering multiple use possibilities and ample outside storage.; 25,690 SF industrial building with flexible space suitable for manufacturing, warehouse distribution, and assembly.; Strategic location in the Palm River/Riverview submarket with good access to major highways and Port Tampa Bay.
    (813) 263-5854 Call to check price and availability
    More about this property
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