3634 Lithia Pinecrest RdValrico, FL 33596

  • Retail properties
  • 22,070 SF
For Lease
$20/SF/YR View listing

Property Details for 3634 Lithia Pinecrest Rd

Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.87 AC
Property size (Sq ft)
22,070 SF
Zone code
PD
Property type
Retail properties
Property subtype
Strip malls
APN
U073021ZZZ000004297000
APU
U073021ZZZ000004297000

Description

Erindale Plaza, a single-story, Class C retail center in Valrico, Florida (33596), offers 4,200 square feet of immediately available space. Built in 1988, this 22,070 square foot property sits on an 81,419 square foot lot and features 8 suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 2,000 square feet. The property is zoned PD and has ample parking with 81 spaces. Located at 3634 Lithia Pinecrest Rd, this high-visibility center enjoys significant daily traffic, exceeding 20,000 cars, and benefits from a diverse mix of established tenants. The property's well-maintained condition and vibrant community atmosphere create an ideal environment for a variety of retail or service businesses. The APN is 087396-0400. This is a prime opportunity to establish or expand your business in a thriving Valrico neighborhood.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,697,951
    6.5%
    $6,182,724
    7%
    $5,741,101
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,157,223
    Geo Method
    $10,157,223
  • Alternative Use

    Use
    Valuation
    Residential
    $5,215,359
    Hospitality
    $4,777,241
    Educational
    $3,974,608
    Medical
    $4,111,301
    Retail
    $6,182,724
3634 Lithia Pinecrest Rd, Valrico, Florida

Location Insight

City
Valrico
County
Hillsborough
State
Florida
Latitude
27.8876
Longitude
-82.2378
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,137
$958,763
$810,137
$1,768,900
-
$958,763
$810,137
$1,768,900

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