9418 Balm Riverview RdRiverview, FL 33569

Property Details for 9418 Balm Riverview Rd

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

2,688 SF

Zone code

PD

Property type

Office properties

Property subtype

Office buildings

APN

U20302090J000000000100

APU

U20302090J000000000100

Description

This exceptional commercial property at 9418 Balm Riverview Road in Riverview, Florida, presents a unique investment opportunity. The building encompasses 2,688 square feet situated on a 0.07-acre lot. Its strategic location on Balm Riverview Road ensures high visibility and easy access to major transportation routes, making it highly attractive to businesses. The property is zoned PD (Planned Development), offering flexibility for a diverse range of professional uses. The building is comprised of two separate, 1,200 square foot units, each with its own individual address (9416 and 9418) and entrance. Each unit boasts five private offices, a dedicated break area, and a restroom, providing ample space for individual workspaces and fostering a productive environment. This layout is ideal for businesses requiring multiple private offices, such as medical practices, accounting firms, or other small businesses seeking a well-appointed and efficient workspace. The asking price for this prime commercial real estate is $650,000. This property represents a significant opportunity to acquire a well-maintained, versatile office building in a thriving and rapidly growing area of Riverview. Don't miss this chance to secure a valuable asset in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $554,947

  6.5%

  $512,259

  7%

  $475,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $490,909

  Geo Method

  $490,909

• Alternative Use

  Use

  Valuation

  Residential

  $635,201

  Hospitality

  $581,841

  Educational

  $484,085

  Medical

  $500,733

  Retail

  $753,020

Location Insight

City

Riverview

County

Hillsborough

State

Florida

Latitude

27.8631

Longitude

-82.3225

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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