12352 State Rd New Port Richey, FL 34654
This exceptional 9.87-acre commercial land parcel presents a remarkable development opportunity in New Port Richey, Florida. Located at 12352 State Rd 52, Pasco County, zip code 34654, this property boasts a highly desirable C2 – General Commercial zoning designation. The site offers excellent visibility and accessibility, featuring 1,029 feet of frontage on State Road 52, a major thoroughfare with a high traffic count of 31,000 AADT. Its strategic location provides convenient access to key transportation arteries, situated just 3.5 miles west of the Suncoast Parkway and approximately 5.5 miles east of US Highway 19. Pasco County utilities are conveniently located within the State Road 52 right-of-way, simplifying infrastructure connections. The asking price for this exceptional development opportunity is $1,990,000. This property is ideal for a wide range of commercial ventures, offering significant potential for growth and return on investment. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Florida market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.