10605 Lithia Pinecrest Rd Lithia, FL 33547-2628
This exceptional investment opportunity in Lithia, Florida, presents a unique blend of commercial and residential real estate. The property encompasses 4.91 acres and features a Class B, 6,182 square foot building complex, including a 3,022 square foot warehouse currently under a three-year lease with a 10% annual rent increase, and a 3,150 square foot house. The property also includes an eight-pad RV park with four park-owned mobile homes, currently operating at 98% occupancy. The warehouse tenant also leases one RV pad. The remaining tenants are on month-to-month leases. The property boasts a strong net operating income (NOI) of $78,198, representing a 6.26% capitalization rate. The asking price is $1,250,000, with seller financing considered for qualified buyers with a 30-40% down payment. Built in 1987, this single-story property offers a diverse income stream and significant potential for future growth. The property's location in Hillsborough County, Florida, provides easy access to major transportation routes and amenities. This is a fee-simple ownership opportunity with a proven track record of profitability. The property includes two buildings and generates a gross revenue of $102,228 (2024 projection). One RV space is currently vacant. The property's APN is U 22 30 22 ZZZ 000005 21980.0.
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Grant's Inc Industrial Supply Factory Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
AR · Lithia, FLLithia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.