0 Rdg Rd New Port Richey East, FL 34668
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.