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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

123 Newport Dr Trinity, FL 34655

5,500 SF Built 2007
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2007
Total area 5,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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