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Property profile & analytics
OFF-MARKET
Retail space

7202 Us Hwy 301st S Riverview, FL 33578-8300

1,281 SF 0.27 ac lot Built 1945
Individually Owned 29-yr Hold Absentee Owner Free & Clear
Property ID
US18-5327972
Property summary
AI-generated overview

This exceptional Riverview, FL commercial property boasts two buildings on a 0.27-acre corner lot at 7202 US Highway 301 S. The first building, a 1,281 square foot barbershop, complements the second, a thriving 1,768 square foot auto repair shop featuring three automotive lifts. The property's prime location offers excellent visibility and accessibility, situated off the busy US 301, running parallel to I-75, ensuring high traffic volume. Both buildings benefit from recently updated infrastructure, with roofs and A/C systems only two years old. Adding to the property's appeal is a five-year lease agreement (commencing May 1, 2023) for the auto repair shop, generating a consistent monthly rental income of $2,700. The property's strategic location is further enhanced by the proximity to a new Advent Health Hospital under construction nearby. The General Commercial zoning allows for diverse redevelopment possibilities, including but not limited to research facilities, retail spaces, banks, food establishments, medical facilities, or recreational uses. With a total building area of 3,049 square feet, this property presents a compelling investment opportunity with significant income potential and flexibility for future development. The combination of existing income streams and redevelopment potential makes this a truly unique offering in a rapidly growing area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,281 SF
Lot 0.27 ac (11,593 SF)
Zoning code CG
APN U173020ZZZ000002955000
UPID US18-5327972
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
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Owner & transaction history
KING ROBERT DAWSON
KING ROBERT DAWSON
Zoning & alternative use
CG · Riverview, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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