5207 Marine Pkwy, New Port Richey, FL 34652-4234
This standalone office building in New Port Richey, Florida, presents a compelling investment opportunity. Priced at $170,000, this 936 square foot Class C building sits on a 0.15-acre lot with Highway Commercial zoning. Built in 1959, the single-story structure boasts a newer HVAC unit and roof, offering immediate cost savings. The property includes 10 parking spaces, comprised of nine striped spots, one carport spot, and additional yard parking. The building itself features three private offices, a lobby, reception area, one bathroom, and an unfinished storage room. Adding to its appeal is a 528 square foot carport, a 120 square foot storage shed, and a fenced yard with a planted garden. Located on a high-traffic street near the US19 & Marine Parkway intersection, this property is ideally suited for a variety of office and professional service businesses seeking visibility and accessibility within the US19 corridor. The property's APN is 08-26-16-0070-00000-1750. This is a rare opportunity to acquire a well-maintained, versatile office space in a prime location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
000C · New Port Richey, FLNew Port Richey. Always verify with local authorities before improvements.
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.