Mixed-Use Property with Storefront
New
For Sale
Contact for pricing
7416 COMMERCE STREET, Riverview, FL 33578
An open main area, additional rooms, and rear cabinetry provide a flexible interior configuration.
Property Size9,139 SF
Price / SF$3.09
Days on Market6
Property Features for 7416 COMMERCE STREET
General Information
Standard status
Active
Size
9,139 SF
Property subtype
Mixed Use
Additional Details
Property Use
Office
Amenities
0.62 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: U-17-30-20-2RP-000000-00006.0-7416, Public Survey Range: 20, Public Survey Section: 17, Annual Amount: $15,007.7, Tax Book Number: 28-29, Legal Description: RIVERVIEW HOMESITES LOT 6 AND LOT 5 LESS E 83.8 FT, Lot: 6, Year: 2025, Zoning: RDD-DT1
Laminate
Central Air
Listing ID: MFRTB8560846, Standard Status: Active, MLS Status: Active, Property Subtype: Mixed Use, On market as of 2026-10-27, 1 day on market
Built in 1972, Living area: 8192, Living area units: Square Feet, 1 storey, Construction Materials: Block
Subdivision: RIVERVIEW HOMESITES, MLS Area (Major): 33578 - Riverview, County/Parish: Hillsborough
Leasable area: 1000
BB/HS Internet Capable, Electricity Available, Water Source: Public
Slab
Internet, Trash Collection, Water
Frontage Type: City Street, Road Surface: Asphalt, Paved
Building Details
Year Built
1972
Listing Agency:
LPT REALTY LLC
Listed By:
Andrew Duncan · License #3135049
(813) 359-8990
Source:
Miharaandassociates
Added: Oct 27
Changed: Oct 31
Last Checked: Oct 30 at 2:43PM
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 LPT REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1972, this mixed-use property features an open main area with wood-look flooring, neutral finishes, and a bay-style storefront window. Several additional rooms provide separate interior spaces, while the rear section includes cabinetry, countertop workspace, and a sink. Plumbing fixtures and restroom space are also present.
Key Highlights
- Bay‑style storefront window at the front of the open main area
- Built in 1972
- Additional rooms beyond the main area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,773
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,275,460
$2.3M
Cap Rate 7%
$1,625,329
$1.6M
Cap Rate 9%
$1,264,144
$1.3M
Market Conditions
NOI Build-Up for 9,139 SF
Gross rent
$173.3K $18.96/SF
− Vacancy
−$10.7K −$1.18/SF
EGI
$162.5K $17.78/SF
− OpEx
−$48.8K −$5.34/SF
NOI
$113.8K $12.45/SF
Area
Riverview, FL
Vacancy
6.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,275,460
Cap Rate 7%
$1,625,329
Cap Rate 9%
$1,264,144
Alternative Uses
Best Use
Mixed Use
$2.00M
$1.75M – $2.34M
NOI $140,341 @ 7.0% cap · market cap 497.66%
Second Best
Retail
$1.63M
$1.42M – $1.90M
NOI $113,773 @ 7.0% cap · market cap 403.45%
Theoretical Best
Office A
$2.85M
$2.49M – $3.33M
NOI $199,513 @ 7.0% cap · market cap 707.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
87k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Groceries 27%
Dining 5%
Home Improvements & Furnishings 1%
RaceTrac
Shops & Services
25,200 visits/mo
0.2 miles
Aldi
Groceries
23,742 visits/mo
0.5 miles
Shell
Shops & Services
7,438 visits/mo
0.5 miles
Dollar General
Shops & Services
4,935 visits/mo
0.3 miles
Jeremiah's Italian Ice
Dining
4,533 visits/mo
0.5 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An open main area, additional rooms, and rear cabinetry provide a flexible interior configuration.
Where is this mixed-use property located?
The property is located at 7416 COMMERCE STREET Riverview, FL.
What are key features of this property?
This property features: Bay‑style storefront window at the front of the open main area; Built in 1972; Additional rooms beyond the main area
