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

    4730 Main St New Port Richey, FL 34652-2168

    • Distribution centers
    • 3,534 SF
    • 31.33 lot acres
    OFF-MARKET
    Value Estimations
    $495,000
    Show details
    Cap Rate Potential
    7.3%
    Distribution centers
    Location Intelligence
    Property ID
    US18-3759529
    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

    • New Port Richey Water Reclamation Facility / City Government Office

    Property Details for 4730 Main St

    Year built
    1996
    Lot size
    31.33 lot acres
    Property size
    3,534 SF
    Zone code
    00R2
    Property type
    Distribution centers
    APN
    06-26-16-0050-04200-0010
    APU
    626160050042000010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $470,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $575,000
      6.5%
      $530,000
      7%
      $490,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $492,000
      Market price range: $161k - $492k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $490,000
      Current use
      RETAIL STORES
      $750,000
      Change: +53% Conversion: Moderate
      MEDICAL BUILDING
      $685,000
      Change: +40% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $635,000
      Change: +30% Conversion: Difficult
      OFFICE BUILDING
      $510,000
      Change: +5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7351
    Latitude
    28.248
    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
    $0.00
    $258,835
    $380,580
    $639,415
    -
    $258,835
    $380,580
    $639,415

    Comparable in this City

    • Value Estimation
      $1,040,000
      135,857 SF

      4330 Us Hwy 19

      DISTRIBUTION WAREHOUSE • 135,857 SF
      4330 Us Hwy 19, New Port Richey, FL 34652-5441
      View Details
    • Value Estimation
      $285,000
      1,932 SF

      5309 Lime St

      DISTRIBUTION WAREHOUSE • 1,932 SF
      5309 Lime St, New Port Richey, FL 34652-3733
      View Details
    • Value Estimation
      $220,000
      1,800 SF

      5839 State Rd 54

      DISTRIBUTION WAREHOUSE • 1,800 SF
      5839 State Rd 54, New Port Richey, FL 34652-6023
      View Details
    • Value Estimation
      $430,000
      3,420 SF

      5821 13th Ave

      DISTRIBUTION WAREHOUSE • 3,420 SF
      5821 13th Ave, New Port Richey, FL 34652-4743
      View Details
    • Value Estimation
      $310,000
      2,815 SF

      5427 Crafts St

      DISTRIBUTION WAREHOUSE • 2,815 SF
      5427 Crafts St, New Port Richey, FL 34652-3962
      View Details
    • Value Estimation
      $440,000
      10,266 SF

      3544 Grand Blvd

      DISTRIBUTION WAREHOUSE • 10,266 SF
      3544 Grand Blvd, New Port Richey, FL 34652-6407
      View Details

    Similar Nearby for Sale

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      Turnkey Cabinet Business in Pasco

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      New Port Richey Warehouse

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      Prime US-19 Executive Office Building

      High-Visibility Office, 3660 SF, $699K
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    • $349,000
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      Prime Office Land, New Port Richey

      1.6 Acres, Office Zoning, High Traffic
      5421 Gulf Dr, New Port Richey, FL 34652
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      Prime Port Richey Commercial Land

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    Similar Nearby for Lease

    • $21 SF/Yr
      2,118 SF

      New Port Richey Flex Space

      Flex space available for lease in New Port Richey, FL.
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      View Details
    • $15 SF/Yr
      5,800 SF

      Frontier Plaza - Downtown New Port Richey

      Office Properties & Spaces • 5,800 SF
      6508 Us Highway 19, New Port Richey, FL 34652
      View Details
    • $2,400 /Mo
      1,398 SF

      Downtown New Port Richey Office

      Office space for lease in downtown New Port Richey.
      5845 Main St, New Port Richey, FL 34652
      View Details
    • Contact for pricing
      1,480 SF

      Downtown Retail Space For Rent

      Ground-floor retail space in Downtown New Port Richey, Florida.
      5346-5354 Main St, New Port Richey, FL 34652
      View Details
    • $20 SF/Yr
      272,695 SF

      5031 19

      Restaurants • 272,695 SF
      5031 19, Port Richey, FL 34652
      View Details
    • $8 SF/Yr
      1,841 SF

      Office Space with Highway Frontage

      Office space for rent with US Highway 19 frontage.
      4604 Professional Loop, New Port Richey, FL 34652
      View Details
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    4730 Main St
    New Port Richey, FL 34652-2168
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    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
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