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Property profile & analytics
OFF-MARKET
Retirement homes

1931 Meadowridge Dr Valrico, FL 33596

1.5 ac lot
Entity Owned 4-yr Hold
Property ID
US18-0328784
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Meadow Ridge I LLC · 4 yrs held
Meadow Ridge I LLC
since 2022
1 recorded transaction
2022
$385,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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