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    Rdg Rd New Port Richey East, FL 34668

    For Sale
    $495,000

    0.86 Acres, High Traffic, C2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.86-acre commercial land parcel in Port Richey, Florida, presents a compelling investment opportunity. Located on Ridge Road, this property boasts excellent visibility and high traffic counts, averaging approximately 23,500 vehicles daily. Its strategic location offers easy access to US Highway 19, approximately 1.1 miles away. The property is zoned C2 by Pasco County, allowing for a wide range of commercial uses, including general goods and services, as well as social, cultural, and civic activities. This versatile zoning, combined with the high traffic volume and prominent road frontage, makes this site ideal for developers seeking to establish a thriving commercial presence. The property's APN is 28-25-16-0010-03300-0000. The asking price is $495,000, representing a land value of approximately $686,047 per acre. This prime location and flexible zoning create significant potential for diverse development projects. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

    Property Features for 0 Rdg Rd

    General Information

    Property type
    Land
    Lot Size
    37,462 SF

    HighLights

    • C2 zoning designation by Pasco County.
    • Suitable for a variety of retail and service businesses.
    • Permits social, cultural, and civic uses.
    • Excellent road frontage.
    • High‑traffic location with approximately 23,500 vehicles per day.
    • Conveniently located 1.1 miles from US Highway 19.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Port Richey East
    County
    Pasco
    State
    Florida
    Longitude
    -82.6994362
    Latitude
    28.27998

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    FAQs

    What type of property is this?
    Land - 0.86 Acres, High Traffic, C2 Zoning
    Where is this land located?
    The property is located at Rdg Rd New Port Richey East, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: C2 zoning designation by Pasco County.; Suitable for a variety of retail and service businesses.; Permits social, cultural, and civic uses.
    (863) 648-1528
    Request Owner's contact information
    Rdg Rd New Port Richey East, FL 34668
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    Realmo Value Estimation

    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.

    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.

    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
    Rdg Rd New Port Richey East, FL 34668
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