Freestanding Commercial Asset in Port
7853 Leo Kidd Ave, Port Richey, FL 34668
Versatile commercial property in an active industrial corridor.
Type:Industrial
Property size:
8,550 SFLot size:
0.44 AcresPrice / SF:
$175/SF- Added:
- Feb 13, 2026
- Days on Market:
- 110
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 7853 Leo Kidd Ave
General Information
- Standard status
- Active
- Size
- 8,550 SF
- Lot size
- 0.44 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2009
Listing agent Devin Guilliams License #SL3422521
Listing office Marcus & Millichap
Listing date Feb 13, 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 Marcus & Millichap
HighLights
- Freestanding commercial building in a high‑demand Tampa Bay location.
- Functional 0.44‑acre lot featuring on‑site parking and outdoor storage.
- Adaptable layout suitable for warehouse, service, contractor, storage, and office‑industrial uses.
- Zoning allows for a broad range of commercial and light industrial uses.
- Convenient access to US‑19 and other major transportation routes.
- Value‑add potential through improvements, re‑tenanting, or redevelopment.
Overview
The property at 7853 Leo Kidd Avenue is a freestanding commercial asset in Port Richey, Pasco County, Florida, within the Tampa Bay metropolitan region. It is situated in an established light industrial and service-oriented corridor characterized by contractor, automotive, and small warehouse users. The property occupies approximately 0.44 acres and benefits from a functional lot size that supports on-site parking, outdoor storage, and operational flexibility. Its location provides convenient access to US-19 and other major transportation routes serving Pasco County and the greater Gulf Coast market. The property includes a single-story building constructed with a metal exterior and metal roof, consistent with light industrial and warehouse design. The existing improvements provide a practical and adaptable layout capable of accommodating a variety of permitted uses, including warehouse, service, contractor, storage, and office-industrial configurations. The building’s construction and layout allow for efficient operations with limited common areas. The property offers the opportunity to control a standalone commercial facility. The zoning allows for a broad range of commercial and light industrial uses, enabling businesses to adapt the property as operational needs evolve. The site is well suited for users seeking a combination of indoor workspace and yard area, and it provides the ability for an owner to occupy the entire property or potentially offset occupancy costs through partial leasing, where permitted. The property benefits from strong local demand fundamentals for small-bay industrial and service space in Pasco County. The 8550 square foot asset’s zoning flexibility broadens the potential tenant base, supporting leasing durability.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.9k | $18.00 |
| − Vacancy | −$12.3k | −$1.44 |
| EGI | $141.6k | $16.56 |
| − OpEx | −$49.6k | −$5.80 |
| NOI | $92.0k | $10.76 |
8,550 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.31M
$1.15M – $1.53M
NOI $92,032 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,304 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,335 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- Palm Coast Center — 8050 Washington St, Port Richey, FL 34668
- BMT Properties Southeast Inc — 7922 Grand Blvd, Port Richey, FL 34668
- 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
Location Insight
- Map
- Local Demand
- City
- Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.7159612
- Latitude
- 28.2717721
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Versatile commercial property in an active industrial corridor.
Where is this warehouse located?
The property is located at 7853 Leo Kidd Ave Port Richey, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Freestanding commercial building in a high‑demand Tampa Bay location.; Functional 0.44‑acre lot featuring on‑site parking and outdoor storage.; Adaptable layout suitable for warehouse, service, contractor, storage, and office‑industrial uses.
