Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11501 Boyette Rd Riverview, FL 33569
    Back to Search
    Property profile & analytics

    11501 Boyette Rd, Riverview, FL 33569

    View on Map
    • Land
    • 1.25 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 11501 Boyette Rd

    Lot size
    1.25 lot acres
    Property type
    Land

    Description

    This exceptional 1.25-acre commercial development site is ideally located in Riverview, Florida, within Hillsborough County, at 11501 Boyette Road. Situated east of I-75 and south of I-4, this property boasts excellent visibility and access on Boyette Road, experiencing a daily traffic count of 26,500 vehicles. The site is comprised of two parcels: Parcel A, measuring 235' x 210', is offered at $1,250,000, while Parcel B is currently under contract. Parcel A is zoned CN (Commercial Neighborhood), permitting a variety of uses including restaurants, banks, and retail establishments. Retention is included within the master development plan. Essential utilities are readily available, including water and sewer services provided by Hillsborough County and electricity by TECO. Detailed due diligence materials are available upon request, providing comprehensive information for potential buyers to thoroughly assess this prime development opportunity. This location offers significant potential for commercial growth and investment in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverview
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3078
    Latitude
    27.8509

    Comparable in this City

    • Value Estimation by Request

      12104 Mcmullen Loop

      Land
      12104 Mcmullen Loop, Riverview, FL 33569
      View Details
    • Value Estimation by Request
      0.93 Acres

      Pure Pebble Dr

      Land
      0 Pure Pebble Dr, Riverview, FL 33569
      View Details
    • Value Estimation by Request
      4.40 Acres

      Alafia Ridge Loop

      Farms
      0 Alafia Ridge Loop, Riverview, FL 33569
      View Details
    • Value Estimation by Request
      1 SF

      11308-11312 Hwy

      Land
      11308-11312 Hwy, Riverview, FL 33569
      View Details
    • Value Estimation by Request
      2.75 Acres

      12810 Boyette Rd

      Land
      12810 Boyette Rd, Riverview, FL 33569
      View Details
    • Value Estimation by Request

      10022 Carr Rd

      Land
      10022 Carr Rd, Riverview, FL 33569
      View Details

    Similar Nearby for Sale

    • $280,000
      0.22 Acres

      Waterfront Land with Bay Access

      Waterfront land with direct Tampa Bay access in Riverview, Florida.
      8615 Parkway Cir, Riverview, FL 33569
      View Details
    • Contact for pricing

      Commercial Land in Riverview, FL

      Prime commercial land for retail or development in Riverview.
      12900 Boyette Rd, Riverview, FL 33569
      View Details
    • $45,000
      0.24 Acres

      Land with Mobile Home

      Land with mobile home in established Riverview neighborhood.
      Raulerson Rd, Riverview, FL 33569
      View Details
    • $575,000
      0.70 Acres

      Riverview, FL Commercial Land

      Commercial land in a bustling Riverview, FL location.
      10022 Carr Rd, Riverview, FL 33569
      View Details
    • $405,000
      3.77 Acres

      3.77 Acres Ready to Build

      Cleared land in Riverview, ready for your dream home.
      11105 Winn Rd, Riverview, FL 33569
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Pad Ready Retail/MOB Space

      1.2 acre pad ready for retail or medical office.
      12910 Boyette Rd, Riverview, FL 33569
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Riverview, FL

      Retail space available in a Publix-anchored shopping center.
      11637-11695 Boyette Rd, Riverview, FL 33569
      View Details
    • Contact for pricing
      202,500 SF

      East Tampa Industrial Space

      Industrial space available for lease in East Tampa.
      4409 Madison Industrial Ln, Tampa, FL 33569
      View Details
    • Contact for pricing

      Retail Space in Riverview, FL

      Retail property in a fast-growing Riverview area with ample parking.
      11224 Boyette Rd, Riverview, FL 33569
      View Details
    • Contact for pricing
      2,300 SF

      Medical Office Space Available

      Well-appointed medical office space with operating room.
      10420-10422 Us Highway 301, Riverview, FL 33569
      View Details
    • Contact for pricing
      75,525 SF

      Goolsby Pointe Retail Space Available

      Hillsborough County retail space for lease.
      11539-11709 Boyette Rd, Riverview, FL 33569
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11501 Boyette Rd
    Riverview, FL 33569
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11501 Boyette Rd, Riverview, FL, 33569
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!