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    FOR SALE
    Investment properties

    10129 Little Rd, New Port Richey, FL 34654

    2,337 SF 1.09 ac lot Built 1979
    Individually Owned 19-yr Hold
    Property ID
    US18-6232536
    Property summary
    AI-generated overview

    This exceptional 2,641 square foot medical office building, situated on a 1.09-acre lot in New Port Richey, Florida, presents a unique owner-user investment opportunity. Boasting a convenient location with high visibility on Little Road (AADT 41,500), the property offers easy access to SR 52, Hwy 19, and the Suncoast Parkway, as well as public transit. The single-story, Class B building, constructed in 1979, features a spacious layout including a reception area, administrative offices, integrated garage storage, a kitchen/break area, and a fireplace. The property includes two full bathrooms and two half-baths, a screened rear porch, and a paved patio. Ample parking is provided with over twelve paved spaces, complemented by two curb cuts and a circular driveway. An ADA-compliant entrance ramp and bathroom ensure accessibility. The building also benefits from a new roof installed in 2020 and a functional lit monument sign. The permitted ER zoning and load-bearing structural setup facilitate potential interior modifications. The asking price is $699,900, translating to $265.01 per square foot, based on the 2,641 square feet of building space and a net rentable area of 3,316 square feet. This property is a fee-simple ownership.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1979
    Total area 2,337 SF
    Lot 1.09 ac (47,334 SF)
    Zoning code 00ER
    APN 14-25-16-0020-00000-0100
    UPID US18-6232536
    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
    Current use
    Occupant on record · Public records
    • Ligertwood Chiropractic Clinic Alternative Medicine Practice
    • Dr. Paul Ligertwood Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Paul Ligertwood · 19 yrs held
    Paul Ligertwood
    since 2006
    2 recorded transactions
    2006
    $349,900
    2000
    $140,000
    Zoning & alternative use
    00ER · New Port Richey, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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