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    5652 High St New Port Richey, FL 34652
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    Property profile & analytics

    5652 High St New Port Richey, FL 34652

    View on Map
    • Hospitals
    • 47,047 SF
    • 5.88 lot acres
    For Sale
    $1,395,000
    View Listing →
    Land Parcels in New Port Richey For Sale
    $1,395,000
    5.88 Acres

    Land Parcels in New Port Richey

    Multiple land parcels available for residential, office, or public use.

    5652 HIGH STREET, New Port Richey, FL 34652
    View Listing
    Property ID
    US18-4173771
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hospitals

    Property Details for 5652 High St

    Year built
    1999
    Lot size
    5.88 lot acres
    Property size
    47,047 SF
    Zone code
    0PMF
    Property type
    Hospitals
    APN
    08-26-16-0260-00100-0080
    APU
    826160260001000080

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,230,000
      6.5%
      $6,675,000
      7%
      $6,200,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,776,000
      Market price range: $5.87M - $16.4M
      AI Estimate
      $4,561,000
      Market price range: $2.57M - $6.67M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $9,135,000
      Current use
      RETAIL STORES
      $9,970,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $8,455,000
      Change: -7% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7209
    Latitude
    28.2357
    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
    $113,156
    $776,061
    $3,433,790
    $4,209,851
    -
    $776,061
    $3,433,790
    $4,209,851

    Comparable in this City

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      4519 Hwy

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    • Value Estimation
      $1,185,000
      8,320 SF

      7019 Us Hwy 19

      MEDICAL BUILDING • 8,320 SF
      7019 Us Hwy 19, New Port Richey, FL 34652
      View Details
    • Value Estimation
      $665,000
      3,713 SF

      6224 Lafayette St

      HOMES (RETIRED, NURSING) • 3,713 SF
      6224 Lafayette St, New Port Richey, FL 34652-2626
      View Details
    • Value Estimation
      $905,000
      10,115 SF

      5334 Aspen St

      MEDICAL BUILDING • 10,115 SF
      5334 Aspen St, New Port Richey, FL 34652-4001
      View Details
    • Value Estimation
      $3,705,000
      212,308 SF

      5852 Sea Frst Dr

      HOMES (RETIRED, NURSING) • 212,308 SF
      5852 Sea Frst Dr, New Port Richey, FL 34652-2049
      View Details
    • Value Estimation
      $1,200,000
      8,100 SF

      5522 Trouble Crk Rd

      MEDICAL BUILDING • 8,100 SF
      5522 Trouble Crk Rd, New Port Richey, FL 34652-5171
      View Details

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      Retirement Community First-Floor Unit

      First-floor unit in a 55+ retirement community.
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      55+ Community Condo For Sale

      Two-bedroom, two-bath condo in a 55+ community.
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      Turnkey Cabinet Business in Pasco

      Established custom cabinet business for sale in Pasco County, Florida.
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      Waterfront Land in Flor-a-Mar

      Prime waterfront parcel with dock in desirable Flor-a-Mar community.
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      Turnkey Restaurant in New Port Richey

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    Similar Nearby for Lease

    • $14 SF/Yr
      1,033 SF

      New Port Richey Office Space

      Office space for lease in high-traffic New Port Richey location.
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      View Details
    • Contact for pricing

      Office or Medical Space Available

      782 sq ft office or medical space for rent.
      4738 Grand Blvd, New Port Richey, FL 34652
      View Details
    • Contact for pricing

      New Port Richey Retail Space

      Community shopping center with high foot traffic and strong demographics.
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    View Listing
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    New Port Richey, FL 34652
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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.

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