7101 Fl-54 New Port Richey, FL 34653
This exceptional 1.29-acre commercial land parcel presents a remarkable investment opportunity in New Port Richey, Florida. Located on State Road 54 (SR 54) at the intersection of Riverrun Road, this property boasts 240 feet of prime road frontage, ensuring high visibility and accessibility. The parcel (Parcel number 16-26-16-0000-0160-0050) is strategically situated adjacent to a thriving shopping plaza anchored by well-known national retailers including Bealls, Bealls Outlet, UPS, Dollar General Market, Dollar Tree, Subway, Badcock, AT&T, Arby's, Pizza Hut, and a medical equipment supplier. This ensures a high volume of daily traffic, estimated at 45,000 vehicles. Furthermore, the property enjoys a convenient location, just one mile from CVS and Walgreens, and two miles from a major hospital and a Walmart Supercenter. This prime location offers unparalleled exposure and access to a large consumer base. The address for reference is 7101 State Road 54, New Port Richey, FL 34653. This property is ideal for a variety of commercial developments, capitalizing on its exceptional location and high traffic counts. Don't miss this chance to acquire a highly desirable commercial land parcel 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
Similar Nearby for Sale
Similar Nearby for Lease
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.