1931 Meadowridge Dr Valrico, FL 33596
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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