5616 Fl-54 New Port Richey, FL 34652
- Land
- 0.97 lot acres
Current Use by Public Records
- Land
Property Details for 5616 Fl-54
- Lot size
- 0.97 lot acres
- Property type
- Land
Description
This exceptional 0.97-acre commercial land parcel in New Port Richey, Florida, presents a remarkable redevelopment opportunity. Boasting 207 feet of frontage on State Road 54, a major thoroughfare with an impressive average annual daily traffic count of 37,500 vehicles, this property offers unparalleled visibility and accessibility. Currently improved with a 30-unit self-storage facility and a leased single-family home, the site is zoned C2, allowing for a wide range of commercial uses. The property's location within a densely populated residential area and surrounded by national retailers ensures high demand and strong potential for future development. The expansive lot size allows for the construction of a multi-story building, potentially up to 60 feet in height, making it ideal for a variety of commercial ventures, including but not limited to a multi-story storage facility. The asking price is $1,450,000. This is a rare chance to acquire a high-traffic, versatile commercial property in a thriving Florida market. The property is located at 5616 FL-54, New Port Richey, FL 34652, in Pasco County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.7215
- Latitude
- 28.2169
