Air-Conditioned Flex
For Sale
Contact for pricing
6603 INDUSTRIAL AVE, Port Richey, FL 34668
Insulated facility with office space, drive-in access, and a fenced, gated yard.
Property Size2,400 SF
Lot Size0.33 Acres
Price / SF$187.50
Days on Market56
Property Features for 6603 INDUSTRIAL AVE
General Information
Standard status
Active
Size
2,400 SF
Class
C
Lot size
0.33 Acres
Property subtype
Industrial
Zoning
l-1
Lease Type
Absolute Net
Investment Type
Owner/User
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Drive-In Doors
3
Power
200 amps
Three-Phase Power
No
Conditioned Warehouse
Yes
Additional Details
Asking Price
$450,000
Building Details
Year Built
1976
Year Renovated
2021
Buildings
1
Stories
1
Units
2400
Tenancy
Single
Building Size
2,400 SF
Construction
red iron
Listing Agency:
John Burpee & Associates
Listed By:
John Burpee · License #FL cq1057398
(727) 585-2070
Source:
Crexi
Added: Aug 20
Changed: Sep 29
Last Checked: Oct 12 at 8:19PM
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 John Burpee & Associates
Investment Insights
Based on property information with market context.
This 2,400 SF flex building was constructed in 1976 and features a fully insulated, air-conditioned interior with dedicated office build-out. Three drive-in roll-up doors support movement of equipment and materials, while single-phase 200-amp electrical service accommodates the building’s operations. Ceiling clearance measures 9.5 feet at the eaves and 10.5 feet at the peak.
The property occupies a 1/3-acre lot with a fenced and gated yard and a paved surface lot. Its combination of conditioned workspace, office area, multiple drive-in doors, and outdoor storage area supports flex, warehouse, distribution, and manufacturing uses as identified in the property information. The asset is offered for sale.
The property occupies a 1/3-acre lot with a fenced and gated yard and a paved surface lot. Its combination of conditioned workspace, office area, multiple drive-in doors, and outdoor storage area supports flex, warehouse, distribution, and manufacturing uses as identified in the property information. The asset is offered for sale.
Key Highlights
- 2,400 SF industrial building on a 1/3‑acre lot
- Built in 1976 with full insulation and air conditioning
- Three drive‑in/roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,834
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,680
$516.7K
Cap Rate 7%
$369,057
$369.1K
Cap Rate 9%
$287,044
$287.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$43.2K $18.00/SF
− Vacancy
−$3.5K −$1.44/SF
EGI
$39.7K $16.56/SF
− OpEx
−$13.9K −$5.80/SF
NOI
$25.8K $10.76/SF
Area
Pasco County, FL
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,680
Cap Rate 7%
$369,057
Cap Rate 9%
$287,044
Alternative Uses
Best Use
Flex RnD
$369.1K
$322.9K – $430.6K
NOI $25,834 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$275.1K
$240.7K – $321.0K
NOI $19,257 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$546.7K
$478.4K – $637.8K
NOI $38,269 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,121
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34668, FL
48,781
Population
23,883
Households
2
Avg Household Size
45
Median Age
13%
College-Educated
88%
High-School Grad
15.5 sq mi
ZIP Area
3,147
Density / Sq Mi
$45,760
Median Household Income
$35,610
Median Earnings
$1,278
Median Rent
$168,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Insulated facility with office space, drive-in access, and a fenced, gated yard.
Where is this flex space located?
The property is located at 6603 INDUSTRIAL AVE Port Richey, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,400 SF industrial building on a 1/3‑acre lot; Built in 1976 with full insulation and air conditioning; Three drive‑in/roll‑up doors
