Office Building on US
For Sale
Contact for pricing
7419 US-19, New Port Richey, FL 34652
Office building on 0.5 acres with highway frontage.
Property Size3,660 SF
Lot Size0.50 Acres
Price / SF$199.45
Days on Market729
Property Features for 7419 US-19
General Information
Standard status
Active
Size
3,660 SF
Lot size
0.50 Acres
Property subtype
Office
Zoning
C2
Investment Type
Owner/User
Building Details
Year Built
1954
Year Renovated
2025
Buildings
1
Stories
1
Listing Agency:
F.I. Grey & Son
Listed By:
Charles "Chuck" Grey · License #FL 34095
(252) 339-6046
Source:
Crexi
Added: Oct 30, 2024
Changed: Oct 25
Last Checked: Oct 26 at 3:24PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$24,698
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,960
$494.0K
Cap Rate 7%
$352,829
$352.8K
Cap Rate 9%
$274,422
$274.4K
Market Conditions
NOI Build-Up for 3,660 SF
Gross rent
$40.4K $11.04/SF
− Vacancy
−$7.5K −$2.04/SF
EGI
$32.9K $9.00/SF
− OpEx
−$8.2K −$2.25/SF
NOI
$24.7K $6.75/SF
Area
Pasco County, FL
Vacancy
18.50%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,960
Cap Rate 7%
$352,829
Cap Rate 9%
$274,422
Alternative Uses
Best Use
Office B
$352.8K
$308.7K – $411.6K
NOI $24,698 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.7K
$729.5K – $972.7K
NOI $58,361 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 34652, FL
26,697
Population
14,700
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,104
Density / Sq Mi
$52,396
Median Household Income
$36,819
Median Earnings
$1,189
Median Rent
$198,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
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 $730,000.
What are key features of this property?
This property features: .5 acre directly on US HWY 19; Zoned C2; 3,660 sqft Office Building
