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Property profile & analytics

6514 Rdg Rd New Port Richey East, FL 34668

  • Banks
  • 6,478 SF
  • 1.92 lot acres
For Lease
Last Sale
Feb 08, 2022
$800,000
Value Estimations
$825,000
Cap Rate Potential
Location Intelligence
Property ID
US18-3709896
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bank of America ATM (Drive-thru) / Atm

Property Details for 6514 Rdg Rd

Year built
1978
Lot size
1.92 lot acres
Property size
6,478 SF
Zone code
00C2
Property type
Banks
APN
28-25-16-0010-03900-0000
APU
2825160010039000000

Description

This exceptional ground lease opportunity presents a 6,400 square foot retail space situated on a prominent 1.92-acre corner lot in Pasco County. The property, previously occupied by a bank, benefits from excellent visibility and accessibility, located at the highly trafficked intersection of Ridge Road and Congress Street, boasting an impressive 35,000 average annual daily traffic (AADT). Its strategic location on a major east-west thoroughfare ensures consistent exposure to a large customer base. The property is zoned C2, offering flexibility for a variety of retail uses. The building itself offers ample space for a single tenant, making it ideal for a business seeking a high-profile location with significant street frontage. The substantial lot size provides ample parking and potential for future expansion. The parcel number is 25-35-16-0010-039000-0000. This is a rare chance to acquire a well-positioned retail space in a thriving commercial area. The property's history as a bank suggests a strong foundation and established infrastructure. The lighted corner location further enhances visibility and attractiveness to potential customers. This presents a unique opportunity for a business seeking a high-impact location with significant traffic flow. This ground lease offers a compelling investment opportunity in a prime retail location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $865,000
    ML approach
    $830,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Port Richey
County
Pasco
State
Florida
Longitude
-82.7067
Latitude
28.2799
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,800
$548,143
$175,195
$723,338
-
$548,143
$175,195
$723,338
More about this property
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