205 Shell Point RdRuskin, FL 33570

Property Details for 205 Shell Point Rd

Year built

1962

Construction

WOOD

Lot size

0.27 AC

Property size (Sq ft)

1,178 SF

Zone code

PD

Property type

Office buildings

APN

U0632191V6000000011070

APU

U0632191V6000000011070

Description

This exceptional mixed-use property, located at 205 W Shell Point Road in Ruskin, Florida, presents a unique investment opportunity. Spanning 0.27 acres, the property boasts a total of 2,426 square feet of space distributed across two separate buildings. Currently, both buildings are occupied by tenants, generating immediate income potential. The flexible zoning allows for a variety of uses, making this property ideal for an investor seeking a diversified portfolio or an entrepreneur looking to combine business and residential space. The existing tenants provide a stable revenue stream, while the multi-use zoning opens doors to numerous possibilities. Imagine running your own business from one building while utilizing the other as a residence, or maximizing rental income by leasing both spaces. The property's location in Ruskin, Florida offers convenient access to local amenities and transportation routes. This is a rare chance to acquire a versatile and income-producing property in a desirable location. The asking price of $285,000 represents a compelling value for this turnkey investment. Don't miss this opportunity to secure a property with significant upside potential. Contact us today to schedule a showing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $520,035

  6.5%

  $480,032

  7%

  $445,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $215,138

  Geo Method

  $215,138

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $886,058

  Retail / Commercial

  $465,919

  Mixed-Use / Specialty

  $473,362

  Hospitality / Lodging

  $359,144

  Institutional / Educational

  $495,360

  Residential Income

  $579,571

  Multifamily

  $644,635

  Automotive / Energy

  $424,594

  Parking / Income-Based Land

  $137,528

  Restaurant / Food Service

  $265,629

  Healthcare / Senior Housing

  $476,088

Location Insight

City

Ruskin

County

Hillsborough

State

Florida

Latitude

27.7209

Longitude

-82.4373

CBSA code

45300

CBSA name

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

Property Tax & Assessments

FAQs

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