Highway Frontage Commercial Property

6217 US HIGHWAY 19, New Port Richey, FL 34652

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For Sale

$649,900

Two commercial buildings with highway frontage and income-producing billboard.

Type:Commercial/Industrial

Property size:

4,314 SF

Lot size:

0.65 Acres

Price / SF:

$150/SF

HighLights

High‑traffic US Highway 19 frontage with over 60,000 vehicles per day.
Rental income from a double‑sided billboard ($1000/month, increasing to $1200/month).
Two commercial buildings: 2500 sqft and 1800 sqft, each with storefront and office/storage space.
Large lot (almost 3/4 acre) zoned in Pasco County.
Fenced land behind buildings suitable for exterior storage or other uses.
Owner financing available.

We can help!

Listing Contact

Yasmina Jacaj

Learn more

For Sale

$649,900

Two commercial buildings with highway frontage and income-producing billboard.

Type:Commercial/Industrial

Property size:

4,314 SF

Lot size:

0.65 Acres

Price / SF:

$150/SF

Added:: Jan 9, 2025
Days on Market:: 517
Last Refresh:: May 19 at 10:08 pm

Property Features for 6217 US HIGHWAY 19

General Information

Standard status: Active
Size: 4,314 SF
Lot size: 0.65 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1962

We can help!

Listing Contact

Yasmina Jacaj

Listing agent Yasmina Jacaj License #3566186

Listing office NEW VISION REALTY INC

Listing date Jan 9, 2025

Source Exitrealty

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 NEW VISION REALTY INC

HighLights

High‑traffic US Highway 19 frontage with over 60,000 vehicles per day.
Rental income from a double‑sided billboard ($1000/month, increasing to $1200/month).
Two commercial buildings: 2500 sqft and 1800 sqft, each with storefront and office/storage space.
Large lot (almost 3/4 acre) zoned in Pasco County.
Fenced land behind buildings suitable for exterior storage or other uses.
Owner financing available.

Overview

This property, located off US Highway 19 S next to Main St in New Port Richey, is zoned in Pasco and includes almost 0.75 acres of land. The property features two commercial buildings and a double-sided billboard that generates rental income, currently $1,000 per month with a scheduled increase to $1,200 per month. The property provides approximately 150 feet of frontage on US Highway 19, which sees traffic counts exceeding 60,000 vehicles per day. The first building is approximately 2,500 square feet, featuring a spacious storefront and an area suitable for office, storage, or conversion to a restaurant. The second building is approximately 1,800 square feet and includes a storefront, as well as a separated office/storage area. Fenced land behind the buildings can be used for exterior storage or other entrepreneurial purposes. The total size of the buildings is 4,314 square feet. The property is being sold AS-IS, with value assessed on the land and billboard.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$93.2k	$21.60
− Vacancy	−$7.5k	−$1.73
EGI	$85.7k	$19.87
− OpEx	−$32.1k	−$7.45
NOI	$53.6k	$12.42

4,314 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$765.4K

$669.8K – $893.0K (±1% cap)

NOI $53,580 @ 7.0% cap · market cap 8.24%

Second Best

Retail

$605.0K

$529.4K – $705.9K (±1% cap)

NOI $42,353 @ 7.0% cap · market cap 6.52%

Theoretical Best

Office A

$982.7K

$859.9K – $1.15M (±1% cap)

NOI $68,789 @ 7.0% cap · market cap 10.58%

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

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Location Insight

Map
Local Demand

City: New Port Richey
County: Pasco
State: Florida
Longitude: -82.7284
Latitude: 28.2491

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For sale
Mixed-use properties
FL
New Port Richey
34652
6217 US HIGHWAY 19

What type of property is this?

Mixed-use property - Two commercial buildings with highway frontage and income-producing billboard.

Where is this mixed-use property located?

The property is located at 6217 US HIGHWAY 19 New Port Richey, FL.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: High‑traffic US Highway 19 frontage with over 60,000 vehicles per day.; Rental income from a double‑sided billboard ($1000/month, increasing to $1200/month).; Two commercial buildings: 2500 sqft and 1800 sqft, each with storefront and office/storage space.