10011 Water Works Lane, Riverview, FL, 33578

Water Views

Address

10011 Water Works LANE, RIVERVIEW, FL

Listing Type

Commercial

Price

$ 5,750,000

Property Attributes

MLS#T3507905
TypeCommercial
CountyHILLSBOROUGH
CityRIVERVIEW
AreaRiverview
NeighborhoodUnplatted
Zip33578
StyleOffice
Year Built2006
Taxes$ 43655
Price$ 5,750,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage18000
Lot Size2.7 Acres

Data Source:

Stellar MLS

Property Description

Introducing this perfect and rare opportunity to purchase a remarkable investment / commercial office park at a 6.5% CAP rate. The Boardwalk of Riverview commercial office park, available for sale now, consists of 4 stand alone buildings, each housing 4 units. Total rentable sq.ft. is 18,000 sq.ft. The property is on 2.7 acres and offers 106 parking spaces. Total sq.ft. of all 4 buildings is 20,182 sq.ft. (including walkways and overhangs). The pride of ownership shows in the impecible condition the property is in. Building exteriors have nice stone accents on lower walls. Interior units have new wide plank flooring, some with carpet and tile; and high ceilings. All 16 HVAC units are new within the last 2 years. The roofs are only 5 years old. Buildings painted exterior and interiors within the last year. Driveway was resurfaced and stripped less than 2 years ago. 100% occupancy with a waiting list. Each unit has their own seperate electric meter and HVAC with a HC bathroom and nice breakroom. Inviting long tree-lined driveway into the office park, past the 2 retension ponds. Common shared picnic area. This exquisite property boasts an unrivaled location in Riverview, just off Gibsonton Drive, in the thriving business district with an unparalleled convenience and accessibility and visability. Nestled in between I-75 exit and 301 Highway. Excellent connectivity to major highways and just minutes from the new AdventHealth Hospital in Riverview. Perfect for investors seeking long-term success.

Price History
3/5/2024	Listed $5,750,000

General Features

Cooling	Central Air
Zoning	PD
Construction Materials	Block
Year Built	2006
Property SubType	Office
Tax Year	2023
Percent Ownership	Other
County	Hillsborough
New Construction	No
Property Type	Commercial Sale
Subdivision Name	UNPLATTED
Status	Active
Directions	From Downtown Tampa,I-4 to I-75 S towards Naples. Exit 250 towards Riverview. Left onto Gibsonton Drive. Right into the complex: Boardwalk Office Park of Riverview.
City	RIVERVIEW
Buyer Agent Compensation	2%-$395
MLS Area	33578 - Riverview
Lot Size Square Feet	117612
Waterfront Y/N	No
Street Name	Water Works
Tax Annual Amount	43655.01
Public Remarks	Introducing this perfect and rare opportunity to purchase a remarkable investment / commercial office park at a 6.5% CAP rate. The Boardwalk of Riverview commercial office park,available for sale no
Virtual Tour	https://www.propertypanorama.com/instaview/stellar/T3507905
Days on Market	1
Standard Status	Active
Tax Lot	5
Legal Description	COMM AT NE COR OF GOVT LOT 5 THN S 00 DEG 45 MIN 00 SEC W 321.96 FT THN S 60 DEG 08 MIIN 00 SEC W 856.73 FT THN N 23 DEG 22 MIN 26 SEC W 424.02 FT THN S 60 DEG 08 MIN 00 SEC W 200 FT THN S 23 DEG 22

Interior Features

Total Stories	1
Air Conditioning Y/N	Yes
Street Suffix	LANE
LivingAreaSource	Public Records
Living Area Units	Square Feet

Exterior Features

Water Source	None
Lot Size Area	2.7
Foundation Details	Slab
Number of Buildings	4
Building Area Total	18000
Lot Size Acres	2.7
Road Surface Type	Asphalt
Lot Size Units	Acres
Road Frontage Type	Business District,Divided Highway,Main Throrughfare