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

    5316 Us Hwy 19 New Port Richey, FL 34652-3946

    • Hotels
    • 57,452 SF
    • 4.36 lot acres
    OFF-MARKET
    Last Sale
    Jun 29, 2022
    $9,900,000
    Value Estimations
    $9,450,000
    Show details
    Cap Rate Potential
    2.9%
    Hotels
    Location Intelligence
    Property ID
    US18-2439964
    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

    • Hotels

    Property Details for 5316 Us Hwy 19

    Year built
    1974
    Lot size
    4.36 lot acres
    Property size
    57,452 SF
    Zone code
    000C
    Property type
    Hotels
    Property subtype
    Motels
    APN
    08-26-16-0010-05100-0030
    APU
    826160010051000030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $12,645,000
      ML approach
      $12,155,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,433,000
      Market price range: $1.11M - $10.1M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $11,875,000
      AUTO REPAIR, GARAGE
      $9,390,000
      RESTAURANT
      $8,810,000
      OFFICE BUILDING
      $8,000,000
      RETAIL STORES
      $7,225,000
      INDUSTRIAL (GENERAL)
      $6,980,000
      MEDICAL BUILDING
      $5,800,000

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

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.727
    Latitude
    28.2368
    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
    $146,781
    $694,602
    $5,329,931
    $6,024,533
    -
    $694,602
    $5,329,931
    $6,024,533

    Comparable in this City

    • Value Estimation
      $5,120,000
      8,640 SF

      7631 Us Hwy 19

      HOTEL/MOTEL • 8,640 SF
      7631 Us Hwy 19, New Port Richey, FL 34652-1247
      View Details
    • Value Estimation
      $4,840,000
      15,050 SF

      6826 Us Hwy 19

      HOTEL/MOTEL • 15,050 SF
      6826 Us Hwy 19, New Port Richey, FL 34652-1743
      View Details
    • Value Estimation
      $3,015,000
      28,500 SF

      5015 Us Hwy 19

      HOTEL/MOTEL • 28,500 SF
      5015 Us Hwy 19, New Port Richey, FL 34652-4254
      View Details
    • Value Estimation
      $760,000
      21,874 SF

      5621 Main St

      HOTEL/MOTEL • 21,874 SF
      5621 Main St, New Port Richey, FL 34652-2639
      View Details
    • Value Estimation
      $1,575,000
      21,524 SF

      6523 Us Hwy 19

      HOTEL/MOTEL • 21,524 SF
      6523 Us Hwy 19, New Port Richey, FL 34652-2237
      View Details
    • Value Estimation
      $1,365,000
      51,946 SF

      6206 Us Hwy 19

      HOTEL/MOTEL • 51,946 SF
      6206 Us Hwy 19, New Port Richey, FL 34652-2528
      View Details

    Similar Nearby for Sale

    • $1,581,000
      3.10 Acres

      Highway 54 Commercial Land

      Prime 3.1-acre commercial lot in Elfers, FL
      0 Hwy 54 & Sawyer Ln, New Port Richey, FL 34652
      View Details
    • $750,000
      1.06 Acres

      US-19 Commercial Land, New Port Richey

      1.06-Acre Highway Commercial Lot
      7038 Us Highway 19, New Port Richey, FL 34652
      View Details
    • $299,000

      Land Parcels Near US 19

      Multiple land parcels available for residential, office, or public use.
      5625 High St, New Port Richey, FL 34652
      View Details
    • $1,337,158
      4,324 SF

      New Port Richey Medical Office

      Long-term leased medical office in New Port Richey, Florida.
      5305 Grand Blvd, New Port Richey, FL 34652
      View Details
    • $699,000
      3,660 SF

      Office Space on US Highway

      Office property for sale on US Highway 19.
      7419 Us Highway 19, New Port Richey, FL 34652
      View Details
    • $539,900

      Pasco County Commercial Lot

      Prime commercial lot on Road 54, Pasco County.
      4024 Barker Dr, New Port Richey, FL 34652
      View Details

    Similar Nearby for Lease

    • $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
    • $14 SF/Yr
      1,033 SF

      New Port Richey Office Space

      Office space for lease in high-traffic New Port Richey location.
      5340 Gulf Dr, New Port Richey, FL 34652
      View Details

    Property Visit Statistics

    • Visits by month
      7.2k
    • Visitors by month
      2.1k
    • Avg Time on site
      516 min
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    New Port Richey, FL 34652-3946
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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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