5636 GRAND BLVD New Port Richey, FL 34652
5636 GRAND BLVD, New Port Richey, FL, 34652
Contact for pricing
For Sale
Contact for pricing
Office Units
Property Size6,847 SF
Price / SF$189.86
Days on Market35
Property Features for 5636 GRAND BLVD
General Information
- Standard status
- Active
- Size
- 6,847 SF
- Property subtype
- Office
Building Details
- Year Built
- 1977
Listing agency
KW Commercial Orlando Lake Nona
Listed by
DJ Frees · License #FL SL3432139
Source
Crexi
Added: Jun 18 Updated: Jul 21 at 2:41PM Checked: Jul 21 at 2:41PM
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 KW Commercial Orlando Lake Nona
Investment Insights
Based on property information with market context.
Key Highlights
- Office building built in 1977
- 6,847 SF multi‑tenant office property
Local Financial Insights For Office B
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 | $75.6k | $11.04 |
| − Vacancy | −$14.0k | −$2.04 |
| EGI | $61.6k | $9.00 |
| − OpEx | −$15.4k | −$2.25 |
| NOI | $46.2k | $6.75 |
6,847 SF · lease $11.04/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$660.1K
$577.6K – $770.1K
NOI $46,205 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $109,180 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Catherine Rubio, Coldwell ...
Real Estate Agency
Sunista Realty
Property Management Company
Vicki Trenchard, Realtor
Real Estate Agency
Patty Vesh-Broker Associate
Real Estate Agency
Ana Sanchez, Coldwell ...
Real Estate Agency
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FAQs
Where is this office units located?
The property is located at 5636 GRAND BLVD New Port Richey, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Office building built in 1977; 6,847 SF multi‑tenant office property