Commercial property in Port Richey, Florida 443.7 sq.m. № 2115444

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Commercial property in Port Richey, Florida 443.7 sq.m. № 2115444
ID2115444 $ 975 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2115444

Property description

Prime investment opportunity to acquire a 95% occupied commercial plaza in Pasco County, Florida. The property consists of six units, with stable in-place income. This asset requires no immediate capital improvements, 7.65% Cap rate, a new shingle roof (2025), HVAC systems all under three years old, and a recently resurfaced parking lot (completed 2/2026). Current effective NOI is $65,000, Pro Forma NOI $71,000. Potential Income improvements by 2/2027. Only 570 sf unoccupied of total 4777sf available.
MLS #: TB8503651
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CityPort Richey
Address6201 RIDGE ROAD
TypeCommercial property
Living space443.7 m²
  • sq. ft
Completion dateIV quarter, 1981
Price
  • Price
  • per m²
$ 975 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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