Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8220 LEO KIDD Ave Port Richey, FL 34668

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $685,000

    Light industrial park with store/office combination on corner lot.

    Type:Industrial
    Property size:
    1,909 SF
    Lot size:
    0.58 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 4:35 pm

    Property Features for 8220 LEO KIDD Ave

    General Information

    Standard status
    Active
    Size
    1,909 SF
    Lot size
    0.58 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1958

    We can help!

    Listing Contact
    Eric Cederman

    Listing agent Eric Cederman

    Listing office CEDERMAN PROPERTIES

    Listing date Apr 24, 2026

    Source Elliman

    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 CEDERMAN PROPERTIES

    Overview

    Light Industrial Park Store/Office

    This property features a light industrial park with a store and office combination zoning. Situated on a corner lot of 0.5764 acres, equivalent to 36,107 square feet, the property is fully fenced. It includes a free-standing block building with a total area of 1,909 square feet. The location offers direct access to Ridge Road and US Highway 19.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop 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
    -82.7151045
    Latitude
    28.2766738

    Nearby Similar for Sale

    • $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
    • $4,100,000

      Waterfront Commercial Property with Marina

      1.23 AC commercial property with marina and redevelopment potential.
      5325 TREADWAY DRIVE, 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
    • $362,900
      2,144 SF

      Renovated Duplex in Port Richey

      Fully renovated duplex in a growing rental market.
      9824 POCONO STREET, PORT RICHEY, FL 34668
      View Details
    • $450,000
      2,002 SF

      Income-Producing Duplex Near the Gulf

      Remodeled duplex near the Gulf, ideal for short-term rentals.
      8331 WILKINS STREET, 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
    • $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
    • $375,000
      1,860 SF

      Port Richey Warehouse with Showroom

      Well-maintained warehouse with showroom, ideal for kitchen/bath remodel business.
      10120 RIDGEWAY DRIVE, 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
    • $899,900
      1,920 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
    • $799,000
      5,512 SF

      Commercial Warehouse with Retail Frontage

      Heated warehouse with retail frontage, roll-up doors, and offices.
      6028 PINE HILL Rd, Port Richey, FL 34668
      View Details

    FAQs

    What type of property is this?
    Industrial property - Light industrial park with store/office combination on corner lot.
    Where is this industrial property located?
    The property is located at 8220 LEO KIDD Ave Port Richey, FL.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: Light industrial park & store/office combination zoning offers versatile possibilities.; Corner lot with 0.5764 acres (36,107 sq‑ft).; Direct access to Ridge Road & US Highway 19.
    (727) 785-9966
    We can help!
    Listing Contact
    Eric Cederman
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!