Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1812 Health Care Dr New Port Richey, FL 34655

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $69,600

    Class A medical/professional office in Trinity Professional Center.

    Lot size:
    0.05 Acres

    Property Features for 1812 Health Care Dr

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.05 Acres

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Tom Bible
    Source: Elliman

    Listing Agency: VIP EXECUTIVE REALTY LLC Listing Agent: Tom Bible

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

    Learn more

    Overview

    Trinity Medical/Professional Office Space

    Located in the Trinity Professional Center at the corner of Mitchell Boulevard and Little Road, this 'Class A' medical/professional office space offers a highly visible location with nearby Walgreens and Patriot Bank. Constructed in 2004, the building features modern exterior architectural elements. The interior, spanning 2500 square feet, is designed as a medical office but offers a functional layout suitable for various business types. The office includes ample storage and a full IT/Utility room. The office center provides sufficient parking. Entrances are accessible from both Little Road and Mitchell Boulevard, with office directories and monument signage available. Situated in Trinity, the location benefits from the population growth of Pasco County and proximity to Pinellas County and the Suncoast Parkway.
    Location Intelligence

    Current Use by Public Records

    Mackenzie Johnson, APRN, ... Pediatrician Mariam Ejaz, M.D. Pediatrician Pediatric Health Care ... Pediatrician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Dental Office Big Box & Wholesale Store

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

    Similar Places Nearby

    Trinity Pet Hospital

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.6687974
    Latitude
    28.1853764

    Nearby Similar for Lease

    • New
      $17 SF/Yr
      14,282 SF

      Downtown Retail Space Available

      Downtown New Port Richey retail space for lease.
      5412 Main St, New Port Richey, FL 34652
      View Details
    • $1,900 /Mo
      1,575 SF

      Corner Commercial Building For Lease

      1,575 SF commercial building for lease in high-traffic location.
      5440 James St, New Port Richey, FL 34652
      View Details
    • $25 SF/Yr
      338 SF

      Office Space in Attorney's Office

      Office space with shared amenities in New Port Richey, FL.
      5422 Trouble Creek Rd, New Port Richey, FL 34652
      View Details
    • $4,250 /Mo
      2,400 SF

      New Port Richey Office Space

      Well-appointed office building in a high-demand commercial corridor.
      7517 Little Rd, New Port Richey, FL 34654
      View Details
    • $1,900 /Mo
      1,400 SF

      New Port Richey Office Space

      Prime office space in high-traffic area, across from Pasco County.
      7511 Little Rd, New Port Richey, FL 34654
      View Details
    • $2,511 /Mo
      19,698 SF

      Retail Space on US Highway

      Retail space with private rooms and multiple entrances available for rent.
      5124 Us Highway 19, New Port Richey, FL 34652
      View Details
    • $3,034 /Mo
      2,349 SF

      Retail Space on US Hwy 19

      Retail storefront across from Publix with ample parking.
      5118 Us Highway 19, New Port Richey, FL 34652
      View Details
    • $14 SF/Yr
      4,820 SF

      Updated Office Space in Downtown

      Professional office space with residential apartment in New Port Richey.
      6232 Madison St, New Port Richey, FL 34652
      View Details
    • $14 SF/Yr
      1,040 SF

      New Port Richey Office Space

      Office space for lease in high-traffic New Port Richey location.
      5340 Gulf Dr, New Port Richey, FL 34652
      View Details
    • $14 SF/Yr
      1,033 SF

      New Port Richey Office Space

      Office space for lease in high-traffic New Port Richey location.
      5340 Gulf Dr, New Port Richey, FL 34652
      View Details
    • $14 SF/Yr
      1,033 SF

      New Port Richey Office Space

      Office space for lease in high-traffic New Port Richey location.
      5340 Gulf Dr, New Port Richey, FL 34652
      View Details
    • $14 SF/Yr
      1,040 SF

      New Port Richey Office Space

      Office space for lease in high-traffic New Port Richey location.
      5340 Gulf Dr, New Port Richey, FL 34652
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Class A medical/professional office in Trinity Professional Center.
    Where is this medical office space located?
    The property is located at 1812 Health Care Dr New Port Richey, FL.
    What is the lease rate?
    The lease rate is $69,600.
    What are key features of this property?
    This property features: - Prime ‘Class A’ Medical/Professional office space in desirable Trinity Professional Center.; - Highly visible location at the corner of Mitchell Blvd and Little Road.; - Functional 2500 square foot interior suitable for medical or professional businesses.
    (813) 475-6019
    Request Owner's contact information
    1812 Health Care Dr New Port Richey, FL 34655
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1812 Health Care Dr
    New Port Richey, FL 34655
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1812 Health Care Dr New Port Richey, FL 34655
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tom Bible
    Real Estate License ID: 3049862
    (813) 475-6019
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!