Port Richey Industrial Warehouse For
For Sale
$625,000
7809 CLARK MOODY BOULEVARD, Port Richey, FL 34668
2,800 SF industrial warehouse on 0.32 acres near US-19.
Property Size2,800 SF
Lot Size0.32 Acres
Price / SF$223.21
Days on Market210
Property Features for 7809 CLARK MOODY BOULEVARD
General Information
Standard status
Active
Size
2,800 SF
Lot size
0.32 Acres
Property subtype
Commercial
Zoning
C3
Taxes and HOA fees
Annual Taxes
$4,631
Building Details
Building Size
2,800 SF
Year Built
1987
Listing Agency:
SNAP REALTY LLC
(813) 967-3837
Listed By:
Shawn Poole · License #3035580
(813) 967-3837
Source:
Mbifloridarealty
Added: Jan 26
Changed: Aug 23
Last Checked: Aug 23 at 5:44AM
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 SNAP REALTY LLC
Investment Insights
Based on property information with market context.
This 2,800 SF industrial warehouse is located in Port Richey, FL, on a 0.32-acre lot. The property is zoned C-3, which allows for a wide range of commercial and industrial uses. The building features a 14’ clear ceiling height and six roll-up doors, each approximately 10.4’ wide x 12’ high. It is equipped with a newer 2022 roof, finished concrete floors, and ample interior lighting. The open-span layout is suitable for warehousing, fabrication, automotive, contractor operations, or light manufacturing. Additional improvements include two bathrooms and a small air-conditioned office. The property is located just ¾ mile from US-19, offering connectivity to major transportation corridors. The property is owner-occupied and well-maintained.
Key Highlights
- Prime industrial warehouse with 2,800 SF on a 0.32‑acre lot, zoned C‑3.
- Excellent accessibility with six roll‑up doors and a 14’ clear ceiling height.
- Strategic location just ¾ mile from US‑19, providing outstanding connectivity.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,281
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,620
$545.6K
Cap Rate 7%
$389,729
$389.7K
Cap Rate 9%
$303,122
$303.1K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$35.0K $12.50/SF
− Vacancy
−$2.9K −$1.04/SF
EGI
$32.1K $11.46/SF
− OpEx
−$4.8K −$1.72/SF
NOI
$27.3K $9.74/SF
Area
Pasco County, FL
Vacancy
8.30%
Lease Rate
$12.50 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,620
Cap Rate 7%
$389,729
Cap Rate 9%
$303,122
Alternative Uses
Best Use
Warehouse
$389.7K
$341.0K – $454.7K
NOI $27,281 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.8K
$558.1K – $744.1K
NOI $44,648 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
Well-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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Palm Coast Center — 8050 Washington St, Port Richey, FL 34668
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- Gator State Storage — 7922 Grand Blvd, Port Richey, FL 34668
- Fast and Forward Prep Center — 7801 Congress St, New Port Richey, FL 34653
- Pete's Ultimate Movers — 7904 U.S. Hwy 19, Port Richey, FL 34668
Frequently Asked Questions
What type of property is this?
Warehouse - 2,800 SF industrial warehouse on 0.32 acres near US-19.
Where is this warehouse located?
The property is located at 7809 CLARK MOODY BOULEVARD Port Richey, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Prime industrial warehouse with 2,800 SF on a 0.32‑acre lot, zoned C‑3.; Excellent accessibility with six roll‑up doors and a 14’ clear ceiling height.; Strategic location just ¾ mile from US‑19, providing outstanding connectivity.
