Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9406-9524 Us Highway 19 Port Richey, FL 34668

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9406-9524 Us Highway 19 Port Richey, FL 34668

    View on Map
    • Retail properties & Spaces
    • 115,783 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 9406-9524 Us Highway 19

    Year built
    1978
    Property size
    115,783 SF
    Property type
    Retail properties & Spaces

    Description

    Embassy Plaza offers 115,783 square feet of retail space in two single-story buildings constructed in 1978. Currently, one 16,533 square foot space is available for lease in this multi-tenant property located in Pasco County, near the intersection of Embassy Boulevard and a cross street. The property boasts 475 total parking spaces, providing ample parking for customers and employees. The location benefits from a signalized intersection, providing excellent visibility and convenient access from both northbound and southbound traffic via dedicated turn lanes. Easy access to East and West Embassy Boulevard ensures convenient ingress and egress. The property features great sight lines and pylon signage opportunities, enhancing visibility and brand recognition. Base rent includes common area maintenance (CAM), insurance, and real estate taxes. Tenants are responsible for water, sewer, trash, and electricity. The high traffic count of 66,000 combined vehicles per day makes this an ideal location for businesses seeking high visibility and customer traffic.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7083
    Latitude
    28.2943

    Comparable in this City

    • Value Estimation by Request
      15,369 SF

      9332 Us-19

      Individual retail properties • 15,369 SF
      9332 Us-19, Port Richey, FL 34668
      View Details
    • Value Estimation by Request
      6,000 SF

      6221 Ridge Rd

      Restaurants • 6,000 SF
      6221 Ridge Rd, Port Richey, FL 34668
      View Details
    • Value Estimation by Request

      7922 Grand Blvd

      Office Units
      7922 Grand Blvd, Port Richey, FL 34668
      View Details
    • Value Estimation by Request
      2,100 SF

      7933 Us Hwy 19

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,100 SF
      7933 Us Hwy 19, Port Richey, FL 34668-6677
      View Details
    • Value Estimation by Request
      800 SF

      7810 Us Hwy 19

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 800 SF
      7810 Us Hwy 19, Port Richey, FL 34668-6600
      View Details
    • Value Estimation by Request
      3,990 SF

      6826 Rdg Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,990 SF
      6826 Rdg Rd, Port Richey, FL 34668-6845
      View Details

    Similar Nearby for Sale

    • $4,100,000
      1.23 Acres

      Waterfront Commercial Property with Marina

      1.23 AC commercial property with marina and redevelopment potential.
      5325 Treadway Dr, Port Richey, FL 34668
      View Details
    • Contact for pricing
      5,200 SF

      Prime Location Retail Investment Opportunity

      Located on heavily trafficked US Highway 19 in Tampa, FL MSA.
      10934 Us Highway 19, Port Richey, FL 34668
      View Details
    • Contact for pricing
      15,369 SF

      Freestanding Building on US Highway

      Freestanding 15,369 SF building on 1.64 AC for sale.
      9332 Us Highway 19, Port Richey, FL 34668
      View Details
    • $375,000
      1,860 SF

      Port Richey Warehouse with Showroom

      Well-maintained warehouse with showroom, ideal for kitchen/bath business.
      10120 Ridgeway Dr, Port Richey, FL 34668
      View Details
    • $510,000

      Prime Commercial Site on US-19

      Multi-building commercial site with high traffic and flexible zoning.
      8830 Us Highway 19, Port Richey, FL 34668
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in Port Richey, Florida.
      9332 Us Highway 19, Port Richey, FL 34668
      View Details
    • Contact for pricing

      Corner Retail Land for Lease

      Ground lease opportunity at lighted corner with high traffic.
      6514 Ridge Rd, Port Richey, FL 34668
      View Details
    • Contact for pricing
      600 SF

      Retail Space on U.S. Highway

      Newly renovated retail space with high visibility and easy access.
      10604-10622 Devco Dr, Port Richey, FL 34668
      View Details
    • Contact for pricing
      960 SF

      Regional Center Retail Space Available

      Dominant regional center with high visibility and strong demographics.
      9656-9686 Us Highway 19 N, Port Richey, FL 34668
      View Details
    • Contact for pricing

      Retail Space For Lease

      5,400 SF retail space available for lease.
      10110 Us Highway 19, Port Richey, FL 34668
      View Details
    • Contact for pricing

      Retail Plaza Space Available

      Retail space available with parking and signage opportunities.
      6221 Ridge Rd, Port Richey, FL 34668
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9406-9524 Us Highway 19
    Port Richey, FL 34668
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!