Commercial Warehouse with Retail
6028 PINE HILL Rd Port Richey, FL 34668
For Sale
$775,000
Heated warehouse with retail frontage, roll-up doors, and offices.
Property Size5,512 SF
Price / SF$140.60
Days on Market95
Property Features for 6028 PINE HILL Rd
General Information
Standard status
Active
Size
5,512 SF
Property subtype
Industrial
Building Details
Year Built
1988
Listing Agency:
Charles Rutenberg Realty, Inc
(727) 741-8897
Listed By:
Christopher Worthington · License #3625022
(727) 741-8897
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 9:11AM
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 Charles Rutenberg Realty, Inc
Investment Insights
Based on property information with market context.
This commercial warehouse, constructed in 1988 on a slab, offers 5,512 square feet of heated space and is zoned C3. The property features retail frontage on Pine Hill Road, providing high visibility for customer interaction. Operationally, it includes five ground-level 12ft by 16ft roll-up bay doors. The warehouse is equipped with male and female restrooms. The second floor contains two offices, a conference room, and a storage room. A freshwater well is located on the property, along with a water heater from 2020. The property also includes 120 feet of fencing extending from the front to the back. Parking spaces are available for both customers and employees. New AC and mini splits are planned for 2025. The location has a bike score of 51, indicating it is bikeable, and a walk score of 48, suggesting car dependence.
Key Highlights
- High‑visibility retail frontage on Pine Hill Road (C3 zoning).
- 5,512 sq ft of heated commercial warehouse space.
- Five ground‑level 12ft x 16ft roll‑up bay doors.
Financial Insights For Warehouse
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 | $68.9k | $12.50 |
| − Vacancy | −$5.7k | −$1.04 |
| EGI | $63.2k | $11.46 |
| − OpEx | −$9.5k | −$1.72 |
| NOI | $53.7k | $9.74 |
5,512 SF · lease $12.50/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$767.2K
$671.3K – $895.1K
NOI $53,704 @ 7.0% cap · market cap 6.93%
Second Best
Industrial
$631.8K
$552.8K – $737.1K
NOI $44,227 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,892 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Palm Coast Center — 8050 Washington St, Port Richey, FL 34668
- BMT Properties Southeast Inc — 7922 Grand Blvd, Port Richey, FL 34668
- Gator State Storage — 7922 Grand Blvd, Port Richey, FL 34668
- Fast and Forward Prep Center — 7801 Congress St, New Port Richey, FL 34653
- Pete's Ultimate Movers — 7904 U.S. Hwy 19, Port Richey, FL 34668
Frequently Asked Questions
What type of property is this?
Warehouse - Heated warehouse with retail frontage, roll-up doors, and offices.
Where is this warehouse located?
The property is located at 6028 PINE HILL Rd Port Richey, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: High‑visibility retail frontage on Pine Hill Road (C3 zoning).; 5,512 sq ft of heated commercial warehouse space.; Five ground‑level 12ft x 16ft roll‑up bay doors.
