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1931 Meadowridge Dr - ALF Development Opportunity

1.5 Acres of Commercial Land Offered at £551,511 in Valrico, FL 33596

Investment Highlights

  • Assisted Living Facility Development in Greater Tampa Bay Area.
  • Designed to accommodate 30 beds in the Assisted Living Facility and medical office planned with 9 treatment rooms and 2 offices.
  • Strategic investment in sectors with high demand, senior living and healthcare services.

Executive Summary

Offered at $699,000, this 1.5-acre commercial lot has plans in motion for an Assisted Living Facility (ALF) development opportunity at 1931 Meadowridge Drive, Valrico, FL, and is perfectly positioned to cater to the growing demand for senior living and integrated healthcare services in the Greater Tampa Bay Area. This project is designed to encompass an Assisted Living Facility (ALF) with a capacity for 30 beds and also features an Urgent Care/Medical Office with 9 treatment rooms and 2 offices. The ALF and medical facility combination promises convenience and care, enhancing resident and community well-being. This unique opportunity at 1931 Meadowridge Drive represents a significant investment with substantial potential for both social impact and financial return.

Attachments

1931 Meadowridge Drive Offering Memorandum

Property Facts

Price £551,511 Property Subtype Commercial
Sale Type Investment Proposed Use
Apartment Units - Senior
  • Healthcare
  • Medical
No. Lots 1 Total Lot Size 1.50 AC
Property Type Land
Price £551,511
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units - Senior
  • Healthcare
  • Medical
Total Lot Size 1.50 AC

1 Lot Available

Lot

Price £551,511 Lot Size 1.50 AC
Price Per AC £367,674
Price £551,511
Price Per AC £367,674
Lot Size 1.50 AC

1.5-Acre commercial development lot at 1931 Meadowridge Drive, Valrico, FL. Ready for an Assisted Living Facility and medical office building. For Sale: $699,000.

Description

This exceptional development opportunity, located at 1931 Meadowridge Drive in the vibrant community of Valrico, FL, offers a unique opportunity for a strategic investment in a growing market. Priced at $699,000, the site has plans in motion for a modern Assisted Living Facility (ALF) and a Medical Office. The ALF is designed to provide 30 beds ensuring comfort and care for residents. Adjacent to it, the Medical Office will include 9 treatment rooms and 2 offices, perfectly suited to offer essential healthcare services. This development is ideal for developers or investors looking for a terrific development opportunity. This property not only promises a rapid transition from acquisition to operation but also stands as a beacon of community service and profitable investment in the Greater Tampa Bay Area's expanding healthcare and senior living sectors.

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PROPERTY TAXES

Parcel Number U-36-29-20-2KW-000000-00001.0 Improvements Assessment £0
Land Assessment £103,852 Total Assessment £103,852

PROPERTY TAXES

Parcel Number
U-36-29-20-2KW-000000-00001.0
Land Assessment
£103,852
Improvements Assessment
£0
Total Assessment
£103,852

zoning

Zoning Code PD (planned development)
PD (planned development)
(813) 865-0700

  • Listing ID: 31612279

  • Date on Market: 25/04/2024

  • Last Updated:

  • Address: 1931 Meadowridge Dr, Valrico, FL 33596

The Land Property at 1931 Meadowridge Dr, Valrico, FL 33596 is currently available For Sale. Contact Morgan Capital Group for more information.

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© 2024 CoStar Group

1931 Meadowridge Dr - ALF Development Opportunity
(813) 865-0700 x

1931 Meadowridge Dr - ALF Development Opportunity

John Morgan IV

(813) 865-0700

(813) 865-0700

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