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Professional Office Building Near US-19

5438 TROUBLE CREEK Rd New Port Richey, FL 34652

5438 TROUBLE CREEK Rd, New Port Richey, FL, 34652

$380,000

For Sale

$380,000

Professional office building in high-demand New Port Richey submarket.

Property Size1,488 SF

Price / SF$255.38

AddedMay 18

Days on Market59

Last RefreshJul 3 at 1:26 am

Property Features for 5438 TROUBLE CREEK Rd

General Information

Standard status: Active
Size: 1,488 SF
Property subtype: Commercial

Building Details

Year Built: 1968

Listing office BROKERS INTERNATIONAL RE

Listing date May 18, 2026

Source Elliman

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 BROKERS INTERNATIONAL RE

Investment Insights

Based on property information with market context.

This is a ±1,488 square foot professional office building featuring three private rooms, a reception area, a break room with a kitchenette, a storage/file room, and two restrooms. The single-story construction includes central air and on-site parking. Flexible zoning makes the property suitable for medical, legal, or professional use. The surrounding 34652 trade area has a population of 26,760 with a median household income of $58,836. Traffic counts along nearby US Highway 19 exceed 68,000 vehicles per day, supporting excellent exposure for office and service-oriented uses. Located in a high-demand New Port Richey submarket with strong visibility near US-19, the flexible layout supports a wide range of professional tenants. Durable construction and a manageable lot size help control operating costs, while average condition provides value-add upside through renovations or repositioning. The bike score is 46, indicating it is somewhat bikeable, and the walk score is 54, indicating it is somewhat walkable.

Key Highlights

Turnkey office asset in high‑demand New Port Richey submarket with strong visibility near US‑19.
Flexible layout supports a wide range of professional tenants, driving stable occupancy.
±1,488 SF professional office building featuring three private rooms, reception area, break room with kitchenette, storage/file room, and two restrooms.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$25.0k	$16.80
− Vacancy	−$2.1k	−$1.43
EGI	$22.9k	$15.37
− OpEx	−$9.1k	−$6.15
NOI	$13.7k	$9.22

1,488 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$196.1K

$171.6K – $228.7K (±1% cap)

NOI $13,724 @ 7.0% cap · market cap 3.61%

Second Best

Office B

$143.4K

$125.5K – $167.4K (±1% cap)

NOI $10,041 @ 7.0% cap · market cap 2.64%

Theoretical Best

Office A

$339.0K

$296.6K – $395.5K (±1% cap)

NOI $23,727 @ 7.0% cap · market cap 6.24%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

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Similar Off Market Nearby

Carla Channell DVM — 6041 Trouble Creek Rd, New Port Richey, FL 34653
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For sale
Medical Office Space
FL
New Port Richey
34652
5438 TROUBLE CREEK Rd

What type of property is this?

Medical Office Space - Professional office building in high-demand New Port Richey submarket.

Where is this medical office space located?

The property is located at 5438 TROUBLE CREEK Rd New Port Richey, FL.

What is the asking price?

The asking price for this property is $380,000.

What are key features of this property?

This property features: Turnkey office asset in high‑demand New Port Richey submarket with strong visibility near US‑19.; Flexible layout supports a wide range of professional tenants, driving stable occupancy.; ±1,488 SF professional office building featuring three private rooms, reception area, break room with kitchenette, storage/file room, and two restrooms.