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Property profile & analytics
FOR LEASE
Banks

6514 Ridge Rd Port Richey, FL 34668

6,478 SF 1.92 ac lot Built 1978
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-3709896
Property summary
AI-generated overview

This exceptional ground lease opportunity presents a 6,400 square foot retail space situated on a prominent 1.92-acre corner lot in Pasco County. The property, previously occupied by a bank, benefits from excellent visibility and accessibility, located at the highly trafficked intersection of Ridge Road and Congress Street, boasting an impressive 35,000 average annual daily traffic (AADT). Its strategic location on a major east-west thoroughfare ensures consistent exposure to a large customer base. The property is zoned C2, offering flexibility for a variety of retail uses. The building itself offers ample space for a single tenant, making it ideal for a business seeking a high-profile location with significant street frontage. The substantial lot size provides ample parking and potential for future expansion. The parcel number is 25-35-16-0010-039000-0000. This is a rare chance to acquire a well-positioned retail space in a thriving commercial area. The property's history as a bank suggests a strong foundation and established infrastructure. The lighted corner location further enhances visibility and attractiveness to potential customers. This presents a unique opportunity for a business seeking a high-impact location with significant traffic flow. This ground lease offers a compelling investment opportunity in a prime retail location.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1978
Total area 6,478 SF
Lot 1.92 ac (83,421 SF)
Zoning code 00C2
APN 28-25-16-0010-03900-0000
UPID US18-3709896
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
  • Bank of America ATM (Drive-thru) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k
Owner & transaction history
Jy Investments Of Georgia LLC · 4 yrs held
Jy Investments Of Georgia LLC
since 2022
Last sale
$800,000
1 recorded transaction
2022
$800,000
Zoning & alternative use
00C2 · Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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