Office Building on US
7419 US-19 New Port Richey, FL 34652
For Sale
Contact for pricing
Office building on 0.5 acres with highway frontage.
Property Size3,660 SF
Lot Size0.50 Acres
Price / SF$190.98
Days on Market638
Property Features for 7419 US-19
General Information
Standard status
Active
Size
3,660 SF
Lot size
0.50 Acres
Property subtype
Office
Building Details
Year Built
1954
Listing Agency:
F.I. Grey & Son
(727) 849-2424
Listed By:
Charles "Chuck" Grey · License #FL 34095
Source:
Crexi
Added: Oct 30, 2024
Changed: Jul 6
Last Checked: Jul 28 at 5:14PM
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 F.I. Grey & Son
Investment Insights
Based on property information with market context.
This commercial property features an office building with 3,660 square feet of space, situated on 0.5 acres. The property is zoned C2 and has frontage on US HWY 19. There is ample parking available around the building. The property is currently used as an office building.
Key Highlights
- .5 acre directly on US HWY 19
- Zoned C2
- 3,660 sqft Office Building
Financial Insights For Office B
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 | $40.4k | $11.04 |
| − Vacancy | −$7.5k | −$2.04 |
| EGI | $32.9k | $9.00 |
| − OpEx | −$8.2k | −$2.25 |
| NOI | $24.7k | $6.75 |
3,660 SF · lease $11.04/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$352.8K
$308.7K – $411.6K
NOI $24,698 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.7K
$729.5K – $972.7K
NOI $58,361 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building on 0.5 acres with highway frontage.
Where is this office building located?
The property is located at 7419 US-19 New Port Richey, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: .5 acre directly on US HWY 19; Zoned C2; 3,660 sqft Office Building
