Property profile

1931 Meadowridge Dr Valrico, FL 33596

OFF-MARKET
Retirement homes
Property ID
US18-0328784
1.5 ac lot
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial and residential land parcel, located at 1931 Meadowridge Drive in Valrico, Florida (zip code 33596), is offered at $699,000. Situated in Hillsborough County, this property presents a unique investment opportunity in the rapidly growing Greater Tampa Bay Area. Pre-planning is underway for a 30-bed Assisted Living Facility (ALF) integrated with a medical office component. The proposed medical office will include nine treatment rooms and two offices, providing convenient access to healthcare services for residents and the surrounding community. This development directly addresses the increasing demand for senior living and integrated healthcare solutions in the region. The combination of an ALF and urgent care/medical office creates a synergistic model, enhancing resident well-being and offering significant potential for both social impact and financial return. The property's location in Valrico, Florida offers excellent accessibility and visibility, making it an ideal site for this type of development. This is a prime opportunity to capitalize on the burgeoning senior care market in a thriving Florida community. The property's 1.5-acre size provides ample space for the planned development, ensuring sufficient room for all amenities and future expansion possibilities. This is a rare chance to acquire a strategically positioned property with pre-planning in place for a high-demand service.

Property profile

Verified
Property type Retirement homes
Lot 1.5 ac (65,340 SF)
UPID US18-0328784

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1931 Meadowridge Dr Valrico, FL 33596
Valrico metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
1 recorded transaction
2022
$385,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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