Flex Space with Fenced
For Sale
$799,000
6926 RIDGE ROAD, Port Richey, FL 34668
C-2-zoned commercial property with refreshed interiors, on-site parking, and outdoor space for storage or fleet operations.
Property Size3,700 SF
Lot Size1.21 Acres
Price / SF$215.95
Days on Market48
Property Features for 6926 RIDGE ROAD
General Information
Standard status
Active
Size
3,700 SF
Lot size
1.21 Acres
Property subtype
Business
Zoning
C-2
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Year Built
1961
Buildings
1
Building Size
3,700 SF
Listing Agency:
BHHS FLORIDA PROPERTIES GROUP
(813) 739-5700
Listed By:
Erica Kielty · License #3636517
(813) 506-6882
Source:
Dennisrealty
Added: Sep 4
Changed: Oct 19
Last Checked: Oct 20 at 9:34PM
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 BHHS FLORIDA PROPERTIES GROUP
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Investment Insights
Based on property information with market context.
This flex property includes approximately 3,700 square feet of building space on a 1.21-acre site along Ridge Road in Port Richey. The interior has been updated with fresh paint and new laminate flooring, while the roof was replaced in 2017. C-2 commercial zoning supports a range of potential commercial uses, subject to applicable zoning and permitting requirements.
A large fenced area provides dedicated outdoor space for commercial vehicle parking, equipment or material storage, fleet operations, or additional storage. The property also offers on-site parking and a site configuration suited to businesses that need more outdoor area than a typical commercial building. Built in 1961, the property is located at 6926 RIDGE in Port Richey, Florida.
A large fenced area provides dedicated outdoor space for commercial vehicle parking, equipment or material storage, fleet operations, or additional storage. The property also offers on-site parking and a site configuration suited to businesses that need more outdoor area than a typical commercial building. Built in 1961, the property is located at 6926 RIDGE in Port Richey, Florida.
Key Highlights
- Approximately 3,700 SF building on 1.21 acres
- C‑2 commercial zoning
- Large fenced‑in outdoor area for vehicle parking, equipment, material, fleet, or storage use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,827
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,540
$796.5K
Cap Rate 7%
$568,957
$569.0K
Cap Rate 9%
$442,522
$442.5K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$66.6K $18.00/SF
− Vacancy
−$5.3K −$1.44/SF
EGI
$61.3K $16.56/SF
− OpEx
−$21.4K −$5.80/SF
NOI
$39.8K $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%
$796,540
Cap Rate 7%
$568,957
Cap Rate 9%
$442,522
Alternative Uses
Best Use
Flex RnD
$569.0K
$497.8K – $663.8K
NOI $39,827 @ 7.0% cap · market cap 4.98%
Second Best
Industrial
$424.1K
$371.1K – $494.8K
NOI $29,688 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$842.8K
$737.5K – $983.3K
NOI $58,999 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
800
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - C-2-zoned commercial property with refreshed interiors, on-site parking, and outdoor space for storage or fleet operations.
Where is this flex space located?
The property is located at 6926 RIDGE ROAD Port Richey, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Approximately 3,700 SF building on 1.21 acres; C‑2 commercial zoning; Large fenced‑in outdoor area for vehicle parking, equipment, material, fleet, or storage use
