Medical Office
6609 RIDGE ROAD 1 Port Richey, FL 34668
For Sale
$169,000
Medical office suite for sale at 6609 Ridge Road 1 in Port Richey, Florida.
Property Size1,000 SF
Price / SF$169
Days on Market55
Property Features for 6609 RIDGE ROAD 1
General Information
Standard status
Active
Size
1,000 SF
Building Details
Year Built
1981
Listing Agency:
Lawhun Enterprises, LLC
(813) 618-3279
Listed By:
Sujata Katikala · License #3057328
(813) 618-3279
Source:
Evrealestate
Added: Jun 5
Changed: Jul 28
Last Checked: Jul 28 at 9:02AM
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 Lawhun Enterprises, LLC
Investment Insights
Based on property information with market context.
This for-sale medical office suite is located at 6609 Ridge Road 1 in Port Richey, FL 34668. The property is identified as office space suitable for medical office use.
Access is described from SR 54, taking a right onto Little Rd, then a left onto Ridge Rd to the address.
Additional property details beyond the general use and address were not provided.
Access is described from SR 54, taking a right onto Little Rd, then a left onto Ridge Rd to the address.
Additional property details beyond the general use and address were not provided.
Key Highlights
- Medical office suite for sale at 6609 Ridge Road 1 in Port Richey, Florida
- Year built: 1981
Financial Insights For Healthcare Medical
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 | $16.8k | $16.80 |
| − Vacancy | −$1.4k | −$1.43 |
| EGI | $15.4k | $15.37 |
| − OpEx | −$6.1k | −$6.15 |
| NOI | $9.2k | $9.22 |
1,000 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$131.8K
$115.3K – $153.7K
NOI $9,223 @ 7.0% cap · market cap 5.46%
Second Best
Office B
$96.4K
$84.4K – $112.5K
NOI $6,748 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$227.8K
$199.3K – $265.8K
NOI $15,946 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Racing4Vets — 7823 Rutillio Ct, New Port Richey, FL 34653
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- Animal Emergency of Pasco — 8740 U.S. Hwy 19, Port Richey, FL 34668
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office suite for sale at 6609 Ridge Road 1 in Port Richey, Florida.
Where is this medical office space located?
The property is located at 6609 RIDGE ROAD 1 Port Richey, FL.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Medical office suite for sale at 6609 Ridge Road 1 in Port Richey, Florida; Year built: 1981