For Sale
$3,850,000

10114 Gibsonton DrRiverview, FL 33578

Shovel-ready, 8-unit medical development

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional 71,212 sq ft commercial land parcel in Riverview, Florida (APN: U-19-30-20-ZZZ-000003-00130.7), presents a unique investment opportunity. Located at 10114 Gibsonton Dr, 33578, this PD-zoned property is fully permitted and entitled for immediate construction of a two-story, 30,000 sq ft building designed for eight tenants – ideal for a mix of retail and medical office space. The site boasts significant advantages, including pre-approved plans for a building featuring a first-floor retail area and a second-floor medical office space with a central atrium. Second-floor naming rights offer high visibility from Interstate 75, a major thoroughfare with over 15,000 cars passing daily. The property benefits from its proximity to the new AdventHealth Riverview Hospital (opened October 2024), a 200,000+ sq ft facility with over 80 beds and plans for future expansion, fueling high demand for medical office space in the area. Infrastructure is already in place, including off-site retention, cross parking, and a master lift station. Over $1.3 million in site preparation costs have already been covered by the seller, making this a truly shovel-ready opportunity. The asking price is $3,850,000. Opportunities for adjacent ground leases are also available. A development team, including architects, engineers, and contractors, is available to assist the new owner if desired. One unit is pre-leased to a AAA credit tenant at $33/SF (NNN).

Highlights

  • 71,212 SF commercial land parcel in Riverview, FL (APN: U-19-30-20-ZZZ-000003-00130.7), fully permitted and entitled for a 30,000 SF, two-story building.
  • High-visibility location near I-75, with over 15,000 vehicles passing daily.
  • Strong medical office demand driven by the new AdventHealth Riverview Hospital (200,000+ SF, 80+ beds).
  • Shovel-ready site with over $1.3M in pre-paid site preparation costs; designed for eight tenants (first-floor retail, second-floor medical).
  • Existing development team available; one unit pre-leased to a AAA tenant at $33/SF (NNN).

Property Details for 10114 Gibsonton Dr

Property type
Land

Location Insight

City
Riverview
County
Hillsborough
State
Florida
Latitude
27.853920513985
Longitude
-82.342819660393
10114 Gibsonton Dr, Riverview, Florida

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10114 Gibsonton Dr
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