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Property profile & analytics
OFF-MARKET
Commercial real estate

1608 State Road 60 Valrico, FL 33594

11,835 SF 0.76 ac lot Built 2016
Entity Owned 7-yr Hold
Property ID
US18-5917686
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a vacant, 11,835-square-foot former restaurant building situated on a 0.76-acre lot in Valrico, Florida. Built in 2016, the property boasts minimal deferred maintenance and benefits from a large parking lot accommodating 40 vehicles. The location is highly desirable, featuring 131 feet of frontage on State Road 60, a major thoroughfare with over 73,000 vehicles passing daily, ensuring exceptional visibility and accessibility. This prime location is within a dense retail corridor, surrounded by national retailers such as Home Depot, Walmart, Lowe's, and many others, guaranteeing high foot traffic and strong consumer presence. The property's proximity to a dense population base—nearly 200,000 residents within a 5-mile radius—further enhances its investment potential. Its strategic location also offers convenient access to Downtown Tampa (22-minute drive) and Tampa International Airport (35-minute drive), as well as major universities, including the University of South Florida and the University of Tampa (both within 15 miles). The asking price for this value-add opportunity is $2,500,000. The property features a monument sign and ample parking. This is an ideal site for a savvy investor seeking to capitalize on a high-traffic location and strong demographics. The property is located at 1608 State Road 60, Valrico, FL 33594, and has a Hillsborough County APN of U24-29-20-ZZZ00000-2596700.

Property profile
Verified
Property type Commercial real estate
Year built 2016
Total area 11,835 SF
Lot 0.76 ac (33,106 SF)
APN U24-29-20-ZZZ00000-2596700
UPID US18-5917686
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
Amojw Realty LLC · 7 yrs held
Amojw Realty LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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