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Property profile & analytics
FOR LEASE
Strip malls
16132 Churchview Dr Lithia, FL 33547
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-3745071
For Lease
1 / 7
$34.22 SF/Yr
16132 Churchview Dr, Lithia, FL 33547
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Property summary
AI-generated overview
This exceptional two-story, two-building complex in Lithia, Florida, offers 34,000 square feet of mixed-use retail and office space. Ideally situated in the affluent FishHawk Ranch community, this Class B property boasts 200 parking spaces, providing a 4.5/1,000 square foot parking ratio. Built in 2005, the buildings sit on a 0.78-acre lot (19,166 square feet) and feature a 0.92 FAR. The property includes two suites across two buildings and is zoned PD-MU. Its prime location on Churchview Dr, near Fishhawk Blvd, offers convenient access to a thriving community with over 6,000 homes and average household incomes exceeding $100,000. The complex is currently home to a variety of businesses, including fitness centers, restaurants, and martial arts studios, creating a vibrant and convenient atmosphere. This property presents a unique opportunity for medical or dental users seeking a high-visibility location within a successful, established community. The property's address is 16132 Churchview Dr, Lithia, FL 33547.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,810 SF
Lot
0.78 ac (34,000 SF)
Zoning code
PD
APN
U28302171H000000B00000
UPID
US18-3745071
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
Current use
Occupant on record · Public records
-
Sidekicks Krav Maga Gym & Fitness Center
-
Sidekicks Family Martial Arts Center Training Center Sports School
-
The Blue Pool Cleaners (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Nordberg Construction LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.04M
CAP Approach
CAP
$3.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.72M
Owner & transaction history
Hazeyray Shores LLC · 6 yrs held
Hazeyray Shores LLC
since 2020
Last sale
$3.4M
4 recorded transactions
Zoning & alternative use
PD · Lithia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.9M
+6.4%
Medical building
$5.7M
+1.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lithia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,950,000
ML approach
$4,040,000
CAP Approach
CAP Return
Estimation
6%
$4,225,000
6.5%
$3,900,000
7%
$3,620,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,565,000
Current use
OFFICE BUILDING
$5,920,000
Change: +6% · Conversion: Moderate
MEDICAL BUILDING
$5,650,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$4,970,000
Change: -11% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,805,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.72M
Range $3.35M – $4.09M · ±10% · vs last sale $3.35M (Apr 9 2020)
Last sale anchor
$3.35M
Apr 9 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$127,625
Tax year 2023
Assessed value
$3,155,800
Assessed 2023
Previous assessed
$2,937,800
+7.4% YoY
Effective rate
4.04%
On assessed value
Assessed land
$297,500
Assessed improvement
$2,858,300
Land market value
$297,500
Improvement market value
$2,858,300
Total market value
$3,155,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
8
Total area
22,810 SF
Lot
0.78 ac (34,000 SF)
Zoning code
PD
APN
U28302171H000000B00000
UPID
US18-3745071
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Lithia, FL
Zoning PD · permitted uses
PD · Lithia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.6M
OFFICE BUILDING
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.7M
RETAIL STORES
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
8
Lot
0.78 ac
Current owner
From public records · entity-resolved
Hazeyray Shores LLC
Entity
Mailing address
119 SAILVIEW RD, MOORESVILLE, NC 28117-7560
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
—
Hazeyray Shores LLC
—
Deed
related
$600,000 · Townebank
Apr 9, 2020
$3,350,000
Hazeyray Shores LLC
Ccp Fishhawk LLC
Special Warranty Deed
$2,512,500 · Townebank
Jun 15, 2011
$3,000,000
Ccp Fishhawk LLC
Park Square LLC
Grant Deed
—
Aug 20, 2004
$240,000
Park Square LLC
Fishhawk Communities
Grant Deed
$4,330,000 · Colonial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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