0 Ridge Rd New Port Richey, FL 34654
This exceptional 8.26-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing New Port Richey, Florida market. Located in Pasco County, with APN 32-25-17-0000-00400-0042, this property boasts a strategic location along the Ridge Road Extension, offering unparalleled visibility and accessibility. The site comprises approximately 5.4 acres of uplands and roughly 2.86 acres of wetlands, situated within a flood zone X designation. Zoned for commercial use, this land is ideally suited for a variety of developments, including medical facilities and office spaces, with potential for up to 32,000 square feet of development. Its proximity to established businesses such as Publix, McDonald's, CVS, 7-Eleven, Burger King, Family Dollar, and Zaxby's ensures high traffic and consumer visibility. The property's future is further enhanced by its proximity to the Bexley/Angeline/Moffit development area, promising continued growth and increased property value. Municipal water and sewer services are available on nearby Moon Lake Road. Asking price is $2,000,000. This is a rare chance to acquire a significant commercial parcel in a thriving Florida community.
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.