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    11542 Us-19 Port Richey, FL 34668

    For Sale
    $1,100,000

    Prime Port Richey location, redevelopment potential.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional redevelopment opportunity presents a 0.69-acre stand-alone building formerly occupied by a drive-thru fast-food restaurant, situated on the bustling US Highway 19 in Port Richey, Florida. The property boasts a highly desirable location with excellent visibility and traffic counts, making it an ideal site for a variety of QSR or fast-food concepts. The 1 square foot building sits on a 0.69-acre lot and features three points of ingress and egress, providing convenient access for customers. Two entrances are located on US-19, while a third entrance/exit is situated on Gulf Highlands Drive, enhancing accessibility from both the north and south. The property is zoned C-1 Neighborhood Commercial and also falls under the C-2 General Commercial zoning designation. Ample parking is available for customers, accommodating up to 60 vehicles. An existing pylon sign provides excellent branding opportunities, and a dedicated turn lane ensures easy access from the highway. The asking price for this exceptional property is $1,100,000. This is a rare chance to acquire a prime commercial property in a high-traffic area with significant redevelopment potential. Don't miss this opportunity to establish your business in a thriving location.

    Property Features for 11542 Us-19

    General Information

    Property type
    Restaurants
    Square Feet
    1 SF

    HighLights

    • 0.69‑acre parcel with a 1,000 SF building on US Highway 19 in Port Richey, FL.
    • High visibility and traffic counts ideal for QSR redevelopment.
    • Three points of ingress/egress, including two US‑19 entrances and one on Gulf Highlands Drive.
    • C‑1 and C‑2 zoning, ample parking for 60 vehicles, and an existing pylon sign.
    • Asking price: $1,100,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.6985644
    Latitude
    28.325584

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    FAQs

    What type of property is this?
    Restaurant - Prime Port Richey location, redevelopment potential.
    Where is this restaurant located?
    The property is located at 11542 Us-19 Port Richey, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 0.69-acre parcel with a 1,000 SF building on US Highway 19 in Port Richey, FL.; High visibility and traffic counts ideal for QSR redevelopment.; Three points of ingress/egress, including two US-19 entrances and one on Gulf Highlands Drive.
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    11542 Us-19 Port Richey, 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
    11542 Us-19 Port Richey, FL 34668
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