Mixed-Use Property with
For Sale
$470,250
7813 Leo Kidd Ave, Port Richey, FL 34668
Live-work configuration combines a remodeled residence, garage, fenced grounds, and a separate office-equipped metal building.
Property Size1,818 SF
Lot Size0.50 Acres
Price / SF$258.66
Days on Market112
Property Features for 7813 Leo Kidd Ave
General Information
Standard status
Active
Size
1,818 SF
Lot size
0.50 Acres
Zoning
C-3
Additional Details
Fenced Yard
Yes
Clear Height
11 ft
Building Details
Year Built
1980
Construction
metal
Listing Agency:
RE/MAX SUNSET REALTY
Listed By:
Brian Pfister · License #3040827
(813) 690-5898
Source:
Chenoregroup
Added: Jun 28
Changed: Oct 12
Last Checked: Oct 7 at 2:49PM
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 SUNSET REALTY
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Investment Insights
Based on property information with market context.
This mixed-use property in Port Richey is configured for combined residential and commercial use. The main CBS structure, built in 1980, includes three bedrooms, two bathrooms, tile flooring, a granite kitchen, remodeled bathrooms, and central air conditioning. The residence offers more than 1,800 square feet of heated and cooled space, plus an attached 440-square-foot garage with two vehicle bays.
A separate metal building adds overhead doors, an air-conditioned office, 11-foot interior height, and electric service. Two additional carport structures provide further covered space. The nearly one-half-acre parcel is fully fenced and carries C-3 zoning, supporting the property's existing live-work arrangement and other commercial applications permitted under that designation.
A separate metal building adds overhead doors, an air-conditioned office, 11-foot interior height, and electric service. Two additional carport structures provide further covered space. The nearly one-half-acre parcel is fully fenced and carries C-3 zoning, supporting the property's existing live-work arrangement and other commercial applications permitted under that designation.
Key Highlights
- C‑3 zoning on a nearly 1/2‑acre parcel
- 3‑bedroom, 2‑bath CBS residence built in 1980
- More than 1,800 SF of heated and cooled residential space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,580
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,600
$451.6K
Cap Rate 7%
$322,571
$322.6K
Cap Rate 9%
$250,889
$250.9K
Market Conditions
NOI Build-Up for 1,818 SF
Gross rent
$39.3K $21.60/SF
− Vacancy
−$3.1K −$1.73/SF
EGI
$36.1K $19.87/SF
− OpEx
−$13.5K −$7.45/SF
NOI
$22.6K $12.42/SF
Area
Pasco County, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,600
Cap Rate 7%
$322,571
Cap Rate 9%
$250,889
Alternative Uses
Best Use
Mixed Use
$322.6K
$282.3K – $376.3K
NOI $22,580 @ 7.0% cap · market cap 4.80%
Second Best
Flex RnD
$279.6K
$244.6K – $326.2K
NOI $19,569 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$414.1K
$362.4K – $483.2K
NOI $28,989 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
11 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Live-work configuration combines a remodeled residence, garage, fenced grounds, and a separate office-equipped metal building.
Where is this mixed-use property located?
The property is located at 7813 Leo Kidd Ave Port Richey, FL.
What is the asking price?
The asking price for this property is $470,250.
What are key features of this property?
This property features: C‑3 zoning on a nearly 1/2‑acre parcel; 3‑bedroom, 2‑bath CBS residence built in 1980; More than 1,800 SF of heated and cooled residential space
