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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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Catering Service Bakery Veterinary Clinic Butcher Locksmith Tanning Salon Computer & Electronic Repair Restaurant (Bike/Boat/Book/etc) Store Mobile Phone Store

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

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
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