11321 Us-19 Port Richey, FL 34668
This exceptional 32,016-square-foot flex space property in Port Richey, Florida, presents a compelling investment opportunity. Situated on an 8.5-acre lot with 495 feet of frontage on US-19, this property boasts high visibility and accessibility. The existing facility, built in 1981, features two single-story buildings with a 26-foot warehouse clear height, concrete block construction, and a fully sprinklered system. The property includes 150 parking spaces and two dock-high doors. The substantial 4,000+ amp, 480v, 3-phase power supply caters to a variety of industrial and commercial uses. Zoned C2 (General Commercial), this property offers significant redevelopment potential. Prior discussions with Pasco County suggest support for mixed-use or multifamily development, potentially including economic incentives. The property's location within the West Market Area, as detailed in the Pasco Comprehensive Plan, further enhances its long-term prospects. An existing free-standing pylon sign adds to its marketing appeal. The property is currently vacant and ready for immediate occupancy or redevelopment. This prime location enjoys a daily traffic volume exceeding 50,000 vehicles. The asking price is $5,750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.