Office Building for
6430 Madison Street New Port Richey, FL 34652
6430 Madison Street, New Port Richey, FL, 34652
Contact for pricing
For Sale
Contact for pricing
Office building available for sale in New Port Richey, Florida.
Property Size3,372 SF
Price / SF$152.73
Days on Market22
Property Features for 6430 Madison Street
General Information
- Standard status
- Active
- Size
- 3,372 SF
- Property subtype
- Office
Building Details
- Year Built
- 1975
Listing agency
Ascend Realty Advisors
(813) 810-0015
Listed by
Jordan Myers · License #FL 3265044
Source
Crexi
Added: Jun 30 Updated: Jul 21 at 1:40AM Checked: Jul 21 at 1:40AM
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 Ascend Realty Advisors
Investment Insights
Based on property information with market context.
This office building is available for sale and offers a dedicated commercial structure designed for office use.
The property is located at 6430 Madison Street in New Port Richey, Florida.
At 3,372 square feet, it provides a defined footprint for an office-oriented tenant or owner-occupant.
The property is located at 6430 Madison Street in New Port Richey, Florida.
At 3,372 square feet, it provides a defined footprint for an office-oriented tenant or owner-occupant.
Key Highlights
- Office building built in 1975
- Available for sale in New Port Richey, Florida
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 | $37.2k | $11.04 |
| − Vacancy | −$6.9k | −$2.04 |
| EGI | $30.3k | $9.00 |
| − OpEx | −$7.6k | −$2.25 |
| NOI | $22.8k | $6.75 |
3,372 SF · lease $11.04/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$325.1K
$284.4K – $379.3K
NOI $22,755 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$768.1K
$672.1K – $896.2K
NOI $53,769 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office building available for sale in New Port Richey, Florida.
Where is this office building located?
The property is located at 6430 Madison Street New Port Richey, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Office building built in 1975; Available for sale in New Port Richey, Florida