5838 MAIN St New Port Richey, FL 34652
1,900 SF professional office building in booming downtown.
Property Features for 5838 MAIN St
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing office LPT Realty, LLC. (813) 563-2185
Listing date Apr 24, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Main Street location in booming Historic Downtown New Port Richey.
- New roof and two new rooftop HVAC systems installed in 2023.
- Adjacent to a new public parking lot, plus additional street parking.
Local Financial Insights For Healthcare Medical
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 | $31.9k | $16.80 |
| − Vacancy | −$2.7k | −$1.43 |
| EGI | $29.2k | $15.37 |
| − OpEx | −$11.7k | −$6.15 |
| NOI | $17.5k | $9.22 |