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    11769 Us-301 Riverview, FL 33578

    For Sale
    $4,000,000

    8.6 Acres, Hwy 301 Frontage, $4M

    Property size:
    39,216 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.6-acre commercial property boasts 975 feet of prime frontage on Highway 301 in Riverview, Florida. Zoned PD (Planned Development), this fee-simple land offers significant development potential. The 39,216 square foot building is priced at $102 per square foot, totaling $4,000,000. Utilities including water and sewer are readily available. The property's location in Hillsborough County, with the address 11769 US-301, zip code 33578, presents a strategic advantage for businesses seeking high visibility and accessibility. This versatile site is suitable for various uses, including executive and medical office spaces. Two development options are highlighted: Option 1 allows for 101,674 square feet of business and professional office uses. Option 2 permits the construction of a 258-bed community residential home or a nursing, convalescent, and extended care facility. The property's APN is U-32-30-20-ZZZ-000003-07880.S. This owner/user investment opportunity is ideal for those seeking a prominent location with substantial development flexibility. The property is suitable for both executive and medical office uses.

    Property Features for 11769 Us-301

    General Information

    Property type
    Medical offices
    Square Feet
    39,216 SF
    Lot Size
    374,616 SF

    HighLights

    • 8.6‑acre commercial lot with 975 ft of Highway 301 frontage in Riverview, FL.
    • 39,216 sq ft building, priced at $4,000,000 ($102/sq ft).
    • PD zoning allows for flexible development, including office and residential uses.
    • Utilities available; Hillsborough County location at 11769 US‑301, 33578.
    • APN: U‑32‑30‑20‑ZZZ‑000003‑07880.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Riverview
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3302901
    Latitude
    27.8309108

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    FAQs

    What type of property is this?
    Medical office - 8.6 Acres, Hwy 301 Frontage, $4M
    Where is this medical office located?
    The property is located at 11769 Us-301 Riverview, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 8.6-acre commercial lot with 975 ft of Highway 301 frontage in Riverview, FL.; 39,216 sq ft building, priced at $4,000,000 ($102/sq ft).; PD zoning allows for flexible development, including office and residential uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11769 Us-301 Riverview, FL 33578
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