Remodeled Office Units with Flexible
For Sale
$349,999
6609 Ridge Road 2&4, Port Richey, FL 34668
Remodeled commercial office property with separate work areas, kitchen, bathrooms, waiting room, and security wiring.
Property Size2,080 SF
Price / SF$168.27
Days on Market50
Property Features for 6609 Ridge Road 2&4
General Information
Standard status
Active
Size
2,080 SF
Additional Details
HOA Fee
$530
Building Details
Year Built
1981
Listing Agency:
F I GREY & SON RESIDENTIAL
Listed By:
Jeanine Affetto · License #3026821
(727) 967-4487
Source:
Livewelltampabay
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 7 at 3:41PM
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 F I GREY & SON RESIDENTIAL
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Investment Insights
Based on property information with market context.
This remodeled office property offers 2080 square feet across Buildings #2 and #4, with a layout that can function as one larger office or two separate work areas. A recently installed movable wall supports flexible occupancy arrangements. Building #4 includes a kitchen and bathroom, while Building #2 provides an additional bathroom and its own waiting room. The property is wired for security and has a new roof installed in March 2025.
Located at 6609 Ridge Road in Port Richey, the office benefits from direct positioning on Ridge Road. The improvements date to 1981, with the interior remodeled for current office use. The configuration allows an occupant to use the full space or maintain distinct office areas within the property.
Located at 6609 Ridge Road in Port Richey, the office benefits from direct positioning on Ridge Road. The improvements date to 1981, with the interior remodeled for current office use. The configuration allows an occupant to use the full space or maintain distinct office areas within the property.
Key Highlights
- 2080 square feet across Buildings #2 and #4
- Flexible configuration for one or 2 offices
- New roof installed in March 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,036
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,720
$280.7K
Cap Rate 7%
$200,514
$200.5K
Cap Rate 9%
$155,956
$156.0K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$23.0K $11.04/SF
− Vacancy
−$4.2K −$2.04/SF
EGI
$18.7K $9.00/SF
− OpEx
−$4.7K −$2.25/SF
NOI
$14.0K $6.75/SF
Area
Pasco County, FL
Vacancy
18.50%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,720
Cap Rate 7%
$200,514
Cap Rate 9%
$155,956
Alternative Uses
Best Use
Office B
$200.5K
$175.5K – $233.9K
NOI $14,036 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.8K
$414.6K – $552.8K
NOI $33,167 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Remodeled commercial office property with separate work areas, kitchen, bathrooms, waiting room, and security wiring.
Where is this office unit located?
The property is located at 6609 Ridge Road 2&4 Port Richey, FL.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: 2080 square feet across Buildings #2 and #4; Flexible configuration for one or 2 offices; New roof installed in March 2025
