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Property profile & analytics
OFF-MARKET
Investment properties
6111 Central Ave New Port Richey, FL 34653-3203
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4805019
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Total area
1,135 SF
Lot
0.11 ac (5,000 SF)
Zoning code
0PMF
APN
04-26-16-0030-05800-0230
UPID
US18-4805019
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas M Newman & Sharon L Newman J · 2 yrs held
Thomas M Newman & Sharon L Newman J
since 2023
Last sale
$208,000
7 recorded transactions
Zoning & alternative use
0PMF · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,268
Tax year 2023
Assessed value
$167,199
Assessed 2023
Previous assessed
$150,220
+11.3% YoY
Effective rate
2.55%
On assessed value
Assessed land
$14,500
Assessed improvement
$152,699
Land market value
$14,500
Improvement market value
$152,699
Total market value
$167,199
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
45
Bathrooms
1
Total area
1,135 SF
Lot
0.11 ac (5,000 SF)
Zoning code
0PMF
APN
04-26-16-0030-05800-0230
UPID
US18-4805019
Jurisdiction
PASCO
Zoning & alternative use
0PMF · New Port Richey, FL
Zoning 0PMF · permitted uses
0PMF · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
45
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Thomas M Newman & Sharon L Newman J
Individual
Mailing address
777 W BAYSHORE DR, TARPON SPRINGS, FL 34689-2412
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2023
—
Thomas M Newman & Sharon L Newman J
Thomas M Newman
Intrafamily Transfer
related
—
Dec 20, 2021
$208,000
Sharon Newman
Darin C Phillips
Warranty Deed
$164,000 · Wells Fargo Bank NA
Jun 25, 2018
$106,000
Rebecca T Phillips
Foster,rocio & William
Warranty Deed
$84,800 · Stearns Lndg
Apr 11, 2017
$68,000
Rocio Foster
Hollingsworth,jessica J
Warranty Deed
—
Jun 2, 1997
$45,600
Jessica J Hollingsworth
Creech,suzan J
Grant Deed
$46,043 · Source One Mortgage Svcs Corp
—
—
Jessica J Hollingsworth
—
Deed Of Trust
related
$99,990 · Bank Of America
—
—
Jessica J Hollingsworth
—
Deed Of Trust
related
$12,425 · Firstplus Financial INC
—
—
Jessica J Hollingsworth
—
Deed Of Trust
related
$105,560 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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