Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Class A Storage Facility Investment Title is generated by Realmo AI

    7728 Ridge Rd, Port Richey, FL 34668

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Under construction Class A storage facility with 533 units.

    Type:Self Storage
    Property size:
    53,400 SF
    Added:
    Mar 26, 2026
    Days on Market:
    73
    Last Refresh:
    May 12 at 9:40 pm

    Property Features for 7728 Ridge Rd

    General Information

    Standard status
    Active
    Size
    53,400 SF
    Property subtype
    Self Storage

    Building Details

    Year Built
    2025

    We can help!

    Listing Contact
    Jack Kaiser

    Listing agent Jack Kaiser License #FL SL3519490

    Listing office Ripco Real Estate

    Listing date Mar 26, 2026

    Source Crexi

    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 Ripco Real Estate

    HighLights

    • Class A storage facility under construction, offering 53,400 net rentable square feet across 533 units.
    • Excellent investment opportunity in a growing market.
    • Available for sale during construction or upon issuance of the certificate of occupancy.
    • Located in Port Richey, providing easy access to Tampa Bay and Florida’s Gulf Coast beaches and attractions.
    • Convenient accessibility via U.S. Highway 19, with restaurants, hotels, and shopping nearby.
    • Port Richey Waterfront District is undergoing a transformation into a hub for dining, entertainment, and riverfront recreation.

    Overview

    This Class A storage facility, currently under construction in Port Richey, Florida, presents an investment opportunity. The state-of-the-art facility will offer 53,400 net rentable square feet across 533 units. The property is available for sale during construction or upon issuance of the certificate of occupancy. Port Richey combines coastal living with city amenities and provides access to beaches and attractions of Florida’s Gulf Coast. The area is known for its affordable cost of living. There are opportunities for outdoor activities, from boating and fishing to waterfront strolls and park exploration. Key locations include Waterfront Park, Brasher Park, Oelsner Park, and Nick’s Park, which offer kayak and canoe launches. Brasher Park is a local favorite for accessing offshore stilt houses and Werner-Boyce Salt Springs State Park. The Port Richey Waterfront District is emerging as a hub for dining, entertainment, and riverfront recreation. U.S. Highway 19, the city’s main thoroughfare, is lined with restaurants, hotels, and shopping destinations. This project is positioned to capitalize on the city’s expanding residential and commercial base.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.6854568
    Latitude
    28.2790425

    Nearby Similar for Sale

    • $1,499,999
      3,990 SF

      Automotive Facility on High-Visibility Corner

      Fully equipped automotive service facility in a prime Pasco County location.
      6826 RIDGE ROAD, PORT RICHEY, FL 34668
      View Details
    • $1,499,999
      3,990 SF

      Equipped Automotive Facility For Sale

      Fully equipped automotive service facility in a high-visibility location.
      6826 RIDGE ROAD, PORT RICHEY, FL 34668
      View Details
    • $169,000
      1,000 SF

      Income-Producing Office Condo

      Office condo with three offices, restroom, and front/back parking on Ridge Road.
      6609 RIDGE ROAD, PORT RICHEY, FL 34668
      View Details
    • $775,000
      5,512 SF

      Port Richey Commercial Warehouse For Sale

      Commercial warehouse with retail frontage and high visibility.
      6028 PINE HILL ROAD, PORT RICHEY, FL 34668
      View Details
    • $1,990,000
      7,116 SF

      Turnkey Gun Range & Retail

      Established gun range and retail storefront in Pasco County.
      6123 Ridge Road, Port Richey, FL 34668
      View Details
    • $625,000
      2,800 SF

      Port Richey Industrial Warehouse For Sale

      2,800 SF industrial warehouse on 0.32 acres near US-19.
      7809 CLARK MOODY Blvd, Port Richey, FL 34668
      View Details
    • $4,100,000

      C2 Marina Development Land with Hotel

      C2 waterfront development site with commercial wet slips and room for hotel and marina expansion in Port Richey.
      5325 TREADWAY DRIVE, PORT RICHEY, FL 34668
      View Details
    • $349,900
      2,144 SF

      Fully Renovated Duplex

      Turnkey duplex with two 2-bed, 2-bath units, modernized interiors, and washer/dryer hookups plus ample parking.
      9824 POCONO STREET, PORT RICHEY, FL 34668
      View Details
    • $2,599,999
      2,674 SF

      Sprawling Mixed-Use Property with Lake

      16-acre mixed-use property with two residences and a spring-fed lake.
      8301 CONGRESS STREET, PORT RICHEY, FL 34668
      View Details
    • $899,900
      1,975 SF

      Renovated Commercial Building on US-19

      Turnkey commercial building on US-19, ideal for office or retail.
      8312 US HIGHWAY 19, Port Richey, FL 34668
      View Details
    • $650,000
      5,173 SF

      Pasco County Warehouse Opportunity

      5,173 SF warehouse in a growing Tampa Bay submarket.
      7816 CLARK MOODY Blvd, Port Richey, FL 34668
      View Details
    • $450,000
      2,002 SF

      Remodeled Duplex with Garage

      Newly remodeled two-unit duplex with updated systems and a garage, currently operating as a short-term rental.
      8331 WILKINS STREET, PORT RICHEY, FL 34668
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Under construction Class A storage facility with 533 units.
    Where is this self storage facility located?
    The property is located at 7728 Ridge Rd Port Richey, FL.
    What are key features of this property?
    This property features: Class A storage facility under construction, offering **53,400 net rentable square feet across 533 units**.; Excellent investment opportunity in a growing market.; Available for sale during construction or upon issuance of the certificate of occupancy.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jack Kaiser
    Real Estate License ID: FL SL3519490
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7728 Ridge Rd, Port Richey, FL 34668
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!