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Property profile & analytics
OFF-MARKET
Drive through restaurants

6405 State Rd 54 New Port Richey, FL 34653-6010

1,925 SF 1.11 ac lot Built 1998
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US18-4291689
Property summary
AI-generated overview

This exceptional 47.78-acre parcel presents a unique opportunity for a mixed-use development in the thriving New Port Richey, Florida market. Located at 6405 State Rd 54, Pasco County, FL 34653 (28.216954673595293, -82.70842962346381), this property is zoned MPUD, allowing for a diverse range of commercial and residential uses. The site's expansive size offers significant potential, with approximately 16.5 acres designated for multifamily development and 36.2 acres suitable for office and retail construction. This strategic location provides excellent access to major transportation routes, ensuring high visibility and convenient access for residents and businesses alike. The property's substantial acreage allows for a large-scale project, catering to a variety of needs and creating a vibrant community hub. This is an exceptional opportunity to capitalize on the growing demand for both residential and commercial space in this dynamic area of Florida. Serious inquiries are encouraged to explore the full potential of this remarkable development site. The property is ready for immediate development, offering a significant advantage for investors seeking a prime location with substantial acreage and flexible zoning.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1998
Total area 1,925 SF
Lot 1.11 ac (48,354 SF)
Zoning code 00C1
APN 16-26-16-051A-00000-0010
UPID US18-4291689
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
Current use
Occupant on record · Public records
  • Dairy Queen Grill & Chill Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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by Request
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Blend (final) Blend
by Request
Owner & transaction history
West Ctrl Florida Props Of New Po · 19 yrs held
West Ctrl Florida Props Of New Po
since 2007
2 recorded transactions
2007
$675,000
1969
Price N/A
Zoning & alternative use
00C1 · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Planning Division - City of NPR
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