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Property profile & analytics
OFF-MARKET
Lifestyle centers

4740 Us-19 New Port Richey, FL 34652

33,515 SF 4.82 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 33,515-square-foot shopping center in New Port Richey, Florida. Located at 4740 US-19, this single-story, 1985-built property sits on a 4.82-acre lot and boasts 12 tenants, achieving an 80% occupancy rate. The center enjoys a highly visible position along US Highway 19 N, a major retail corridor with an impressive 65,500 average annual daily traffic (AADT). Its prime location within a thriving, densely populated area provides excellent access and visibility. The surrounding 5-mile radius encompasses over 160,000 residents, boasting an average household income exceeding $69,000. The property features one full access point, one right-in/right-out/left-in, and two right-in/right-out access points along US Highway 19 N. Convenient access is also provided via the lighted intersection of US Highway 19 N and Floramar Terrace. Cross-access is established with the Pinellas County Tax Collector's office, offering two additional full access points along Shamrock Drive. This well-positioned shopping center offers a compelling investment opportunity in a mature and desirable market. The asking price is $3,935,000.

Property profile
Verified
Property type Lifestyle centers
Year built 1985
Total area 33,515 SF
Lot 4.82 ac (209,959 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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