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Three-Office Office Unit
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7517 LITTLE ROAD, New Port Richey, FL 34654

Three separate offices and a bathroom provide a practical layout for business operations.

Property Size1,012 SF
Price / SF$18.97
Days on Market7

Property Features for 7517 LITTLE ROAD

General Information

Standard status Active
Size 1,012 SF
Property subtype Business

Additional Details

Road Access Yes
Office Units 3
Property Use Office

Amenities

2.12 acres
Additional parcels description:, Parcel Number: 35, Public Survey Range: 00, Public Survey Section: 00, Annual Amount: $16, Tax Block: 0000, Tax Book Number: 00000, Legal Description: PORT RICHEY LAND COMPANY PB 1 PG 61 S1/4 OF TRACT 28, Lot: 0000, Year: 2025
Central Air
Listing ID: MFRW7890552, Standard Status: Active, MLS Status: Active, Property Subtype: Business, On market as of 2026-10-22
Built in 1985, Living area: 1012, Living area units: Square Feet, Building faces Undetermined, Construction Materials: Block, Stucco
MLS Area (Major): 34654 - New Port Richey, County/Parish: Pasco
Leasable area: 1012
Slab
Water
Electricity, Insurance
Road Surface: Asphalt

Building Details

Year Built 1985
Listing Agency: RE/MAX MARKETING SPECIALISTS
Listed By: Nicholas Vavoulis · License #3039347
Source: Miharaandassociates
Added: Oct 22 Changed: Oct 27 Last Checked: Oct 26 at 4:11PM

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 RE/MAX MARKETING SPECIALISTS

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit contains three office spaces and a bathroom. The building dates to 1985, and on-site parking serves staff and visitors.

The property is on Little Road in New Port Richey, directly across from the Pasco Courthouse. Access is provided by a signalized entrance with a dedicated traffic light.

Key Highlights

  • Three office spaces and one bathroom
  • Signalized entrance with a dedicated traffic light
  • Across from the Pasco Courthouse on Little Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,829
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,580 $136.6K
Cap Rate 7%
$97,557 $97.6K
Cap Rate 9%
$75,878 $75.9K
Market Conditions
NOI Build-Up for 1,012 SF
Gross rent
$11.2K $11.04/SF
− Vacancy
−$2.1K −$2.04/SF
EGI
$9.1K $9.00/SF
− OpEx
−$2.3K −$2.25/SF
NOI
$6.8K $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%
$136,580
Cap Rate 7%
$97,557
Cap Rate 9%
$75,878

Alternative Uses

Best Use
Office B
$97.6K
$85.4K – $113.8K (±1% cap)
NOI $6,829 @ 7.0% cap · market cap 35.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$230.5K
$201.7K – $269.0K (±1% cap)
NOI $16,137 @ 7.0% cap · market cap 84.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Nail Salon Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 34654, FL

23,508
Population
10,372
Households
2.3
Avg Household Size
48
Median Age
22%
College-Educated
88%
High-School Grad
25.3 sq mi
ZIP Area
929
Density / Sq Mi
$64,210
Median Household Income
$41,221
Median Earnings
$1,449
Median Rent
$257,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Three separate offices and a bathroom provide a practical layout for business operations.
Where is this office unit located?
The property is located at 7517 LITTLE ROAD New Port Richey, FL.
What are key features of this property?
This property features: Three office spaces and one bathroom; Signalized entrance with a dedicated traffic light; Across from the Pasco Courthouse on Little Road
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Includes: Price & PSF · Cap rate · Location · Zoning

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