Financial
Distress signals
Property profile

12204 Balm Riverview Rd Riverview, FL 33579

FOR SALE
Grocery and convenience stores
Property ID
US18-9835941
3,240 SF 1.88 ac lot Built 2020
Last sale Dec 2020 · $5,782,282
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding convenience store site in Riverview, Florida, located at 12204 Balm Riverview Rd. It sits on a hard-corner intersection and has approximately 29,500+ vehicles per day based on available traffic counts. The site is leased under a net lease structure (NNN) to 7-Eleven, Inc., with the lease originally structured for a 15-year term and more than 10 years remaining on the initial term as described. The property is configured for retail/convenience store use and includes qualification for accelerated depreciation as stated in the listing.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$1.63M
Assessed land$400k
Assessed improvement$1.23M
Effective rate1.76%

Value estimate

· Sep 2026
$6.82M
$6.14M – $7.50M
AI approach$7.11M
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 0.58% cap applied$37k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$244/SF
County average, outlier-cleaned · 196 recorded sales of this use type
Observed band · Q1–Q3$113 – $378
Qualifying comparables21

Cap rate analysis

How does the asset earn?
0.58%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PD
The PD District is intended to be used when unified, large scale, mixed use developments are proposed in areas lacking a predominant urba...
General categoryPLANNED_DEVELOPMENT
JurisdictionHILLSBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm14.3
Dental Office14.0
Restaurant12.7

Location

12204 Balm Riverview Rd Riverview, FL 33579
County assessor Recorded deeds · 6 transfers 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 8 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13006 Willow Grv, Riverview, FL 33579-6876 $375,000 Jan 2023 6,162 SF
10749 Big Bnd, Riverview, FL 33579-7209 $5,168,000 Jun 2019 19,431 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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