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  2. Anthoney Hamrick, REALTOR ®
  3. Tropic Shores Realty
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  • MLS#: T3507905 ( Commercial Sale )
  • Street Address: 10011 Water Works Lane
  • Viewed: 8
  • Price: $5,750,000
  • Price sqft: $319
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 18000
  • Days On Market: 291
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Nearby Subdivisions
Copeland Morrisons Sub   Stars Stripes Commerce Plaza   Unplatted  
Property Photos
10011 Water Works Lane
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PRICED AT ONLY: $5,750,000

Address: 10011 Water Works Lane, RIVERVIEW, FL 33578

Would you like to sell your home before you purchase this one?

Description
Introducing an Exceptional Investment Opportunity: The Boardwalk of Riverview Commercial Office Park. This is a rare chance to acquire a premier investment property with a 6.5% CAP rate. The Boardwalk of Riverview consists of four standalone buildings, each featuring four units, for a total rentable area of 18,000 sq. ft. Situated on 2.7 acres, the property includes 106 parking spaces and a total square footage of 20,182 sq. ft., which encompasses walkways and overhangs. This property exemplifies pride of ownership, maintained in impeccable condition. Notable features include: * Elegant stone accents on the building exteriors * Interior units with new wide plank flooring, along with carpet and tile options, and high ceilings * Sixteen new hot water heaters installed this year * All HVAC units replaced within the last two years * Roofs that are only five years old * Recent painting of both exteriors and interiors * Driveway resurfaced and striped within the last two years * Currently 100% occupied with a waiting list Each unit is equipped with a separate electric meter and HVAC system, as well as a handicap accessible bathroom and a pleasant breakroom. The property welcomes visitors with an inviting, tree lined driveway that leads past two retention ponds and features a common picnic area. Ideally located just off Gibsonton Drive, this property sits within a thriving business district, offering unparalleled convenience, accessibility, and visibility. Its proximity to major highways, including I 75 and 301 Highway, ensures excellent connectivity, while being just minutes from the new AdventHealth Hospital in Riverview. This opportunity is perfect for investors seeking long term success in a highly desirable location.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 18000.00
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Business District, Divided Highway, Main Throrughfare
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • 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 MIN 26 SEC E 45.69 FT TO SELY R/W OF GIBSONTON DR FOR A POB THN S 23 DEG 22 MIN 26 SEC E 452.97 FT THN S 49 DEG 29 MIN 38 SEC E 120 FT THN S 62 DEG 30 MIN 22 SEC W 195 FT THN S 56 DEG 43 MIN 45 SEC W 77.04 FT THN N 21 DEG 36 MIN 30 SEC W 563.93 FT TO SELY R/W OF GIBSONTON DR THN N 59 DEG 42 MIN 14 SEC E 201.65 FT TO POB
  • Area Major: 33578 - Riverview
  • Parcel Number: U-19-30-20-ZZZ-000003-00260.1
  • Zoning Code: PD
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Headshot for Associate Anthoney Hamrick
  1. Anthoney Hamrick, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.345.2102
  4. findmyflhome@gmail.com