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    3621 Us Highway 19 New Port Richey, FL 34652

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    For Sale
    $4,750,000

    40,960 SF building on US Highway 19 for sale.

    Property size:
    40,960 SF
    Lot size:
    5.13 Acres

    Property Features for 3621 Us Highway 19

    General Information

    Size
    40,960 SF
    Lot size
    5.13 Acres

    Source: LQ Commercial | Tampa Agent Mark Shellabarger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Redevelopment Opportunity on Highway

    This 40,960 square foot building presents a redevelopment and/or re-tenanting opportunity. The property has upside potential in under-utilized outparcels and currently generates cash flow with a net operating income of $308,367. Existing tenants have short term leases. The property benefits from high visibility on US Highway 19, with an average annual daily traffic count of 70,000. It features easy access due to its corner location at a signalized intersection.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    City Plaza, Richey Plaza

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7403922
    Latitude
    28.2120287

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    FAQs

    What type of property is this?
    Shopping center - 40,960 SF building on US Highway 19 for sale.
    Where is this shopping center located?
    The property is located at 3621 Us Highway 19 New Port Richey, FL.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: - High visibility on US Highway 19 (70,000 AADT); - Current cash flow ($308,367 NOI); - Redevelopment and/or re-tenanting opportunity
    (813) 765-4479
    Request Owner's contact information
    3621 Us Highway 19 New Port Richey, FL 34652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3621 Us Highway 19 New Port Richey, FL 34652
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