7806 Alafia Dr Riverview, FL 33578
This exceptional 9.73-acre parcel in Riverview, Florida, presents a remarkable development opportunity. Located at 7806 Alafia Dr, 33578, this property is zoned PD (Planned Development), allowing for a substantial build-out. The permitted zoning allows for a maximum of 46,000 square feet of building area, envisioning a 60-bed community residential home and three single-family residential units. The future land use designation is RSC-4, further enhancing the property's potential. Situated in Hillsborough County, this land offers convenient access to I-75 and major retailers including Publix, Walmart, and Target. The property's prime infield location provides both accessibility and convenience. Note that .5 to 1 acre may be retained by the current owner along the river, depending on negotiations. This is an exceptional chance to acquire a significant land holding with substantial development potential in a thriving Florida community. The asking price is $1,750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.