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Medical/Mixed Use Commercial Building

8726 OLD COUNTY ROAD 54 New Port Richey, FL 34653

8726 OLD COUNTY ROAD 54, New Port Richey, FL, 34653
$1,898,000
For Sale
Claim this Listing
$1,898,000

Medical/mixed-use building with multiple offices, restrooms, and parking.

Property Size8,476 SF
Price / SF$223.93
AddedMay 4, 2025
Days on Market438
Last RefreshMay 29 at 12:17 am

Property Features for 8726 OLD COUNTY ROAD 54

General Information

Standard status
Active
Size
8,476 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1973

Listing office DALTON WADE INC

Listing date May 4, 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 DALTON WADE INC


Investment Insights

Based on property information with market context.

This medical/mixed-use commercial building features a front reception area, a waiting room, and multiple offices or exam rooms. The property includes 17 office spaces, 10 restrooms, 2 kitchenettes, and 1 full kitchen with laundry hook-ups. The building is configured as 6 units, offering the potential for subletting office space to increase income. Ample parking is available around the front, rear, and east side of the building, with 50+ spaces, and sufficient space for truck deliveries. The fire alarm system was updated in May 2024, and the roof was replaced in 2012. The property is suitable for a medical practice, charter school, or preschool. The building has a total size of 8,476 square feet.

Key Highlights

  • Versatile Medical/Mixed‑Use Commercial Building with Multiple Units (6 total)
  • High Capacity: 17 Office Spaces and 10 Restrooms
  • Ample Parking: 50+ Spaces for Staff and Clients

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 $142.4k $16.80
− Vacancy −$12.1k −$1.43
EGI $130.3k $15.37
− OpEx −$52.1k −$6.15
NOI $78.2k $9.22
8,476 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$1.12M
$977.2K – $1.30M (±1% cap)
NOI $78,176 @ 7.0% cap · market cap 4.12%
Second Best
Office B
$817.1K
$715.0K – $953.3K (±1% cap)
NOI $57,198 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $135,155 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

CHERYL MAE LOZANO ... Physician PELVIC EXPERT Medical Clinic Eric Lim Physician ARC Crisis Center

Suggested Use

Law Firm Dental Office Building Supply Accounting Firm Big Box & Wholesale Store Nail Salon Hair Salon HVAC Service Auto Parts Store Cafe & Coffee Shop

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

Similar Off Market Nearby

  • Tanner Lisa DVM — 4041 Little Rd, New Port Richey, FL 34655
  • Animal Care Center-Pasco County: Reeves Kenneth DVM — 4041 Little Rd, New Port Richey, FL 34655
  • Dr. Heather Brownell — 4041 Little Rd, New Port Richey, FL 34655

FAQs

What type of property is this?
Medical Office Space - Medical/mixed-use building with multiple offices, restrooms, and parking.
Where is this medical office space located?
The property is located at 8726 OLD COUNTY ROAD 54 New Port Richey, FL.
What is the asking price?
The asking price for this property is $1,898,000.
What are key features of this property?
This property features: Versatile Medical/Mixed‑Use Commercial Building with Multiple Units (6 total); High Capacity: **17 Office Spaces** and **10 Restrooms**; Ample Parking: **50+ Spaces** for Staff and Clients
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