123 Newport Dr Trinity, FL 34655
This exceptional 5,500 square foot commercial property in Trinity, Florida, presents a unique owner-user opportunity. Located in New Port Richey at 123 New Port Richey, zip code 34655, this turn-key restaurant space boasts a high-profile location with approximately 44,000 vehicles passing daily. The building, constructed in 2007 and featuring a new roof (2021), offers ample seating for 275 (175 inside, 100 outside patio) and over 80 parking spaces. Its C-1 zoning allows for diverse uses, including medical offices, restaurants, retail, and more. The property benefits from strong retail synergy, surrounded by national brands like Walmart, Target, and Publix. Priced at $2,100,000 ($381.82/sq ft), this fee-simple offering presents a compelling value-add opportunity for investors seeking long-term appreciation or owner-users looking for a prime location to establish or expand their business. The property's high visibility and convenient location make it an ideal investment for a variety of commercial ventures.
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.