11542 US-19 Port Richey, FL 34668
Stand-alone building on 0.69 acres with redevelopment potential.
Property Features for 11542 US-19
General Information
- Standard status
- Active
- Size
- 3,641 SF
- Lot size
- 0.69 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing office Harris & Company
Listing date Mar 17, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Harris & Company
Investment Insights
Based on property information with market context.
Key Highlights
- High traffic volumes and strong visibility on US 19.
- Versatile C‑1 and C‑2 zoning allows for a wide range of business uses.
- Three points of ingress/egress, including access to Gulf Highlands Dr.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.8k | $15.60 |
| − Vacancy | −$2.8k | −$0.78 |
| EGI | $54.0k | $14.82 |
| − OpEx | −$13.5k | −$3.70 |
| NOI | $40.5k | $11.11 |