Property profile

6609 Ridge Rd 2 Port Richey, FL 34668

FOR SALE
Office Units
Property ID
US18-3888864
2,080 SF Built 1981
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Property summary

AI-generated overview

REDUCED $150,000 FROM ORIGINAL PRICE! REMODELED AFFORDABLE COMMERCIAL OFFICE WITH NEW ROOF MARCH 2025 LOCATED ON BUSY RIDGE ROAD. THIS OFFICE CAN BE ONE OR 2 OFFICES. TAKE ONE SIDE AND RENT THE OTHER OR TAKE OUT THE EASLY MOVABLE WALL THAT WAS PUT IN RECENTLY AND ENJOY THE WHOLE 2080 SQ FT. THE PROPERTY HAS BEEN WIRED FOR SECURITY AND THERE IS A BATHROOM AND A KITCHEN IN BUILDING #4 AND THERE IS ONE BATHROOM IN BUILDING #2 WITH ITS OWN WAITING ROOM. THERE IS A TENANT WHO IS ON A MONTH TO MONTH LEASE #4 PAYING $1600 A MONTH WHO WOULD LIKE TO STAY BUT CAN BE OUT BY CLOSING. HOA TAKES CARE OF ALL OUTSIDE MAINTENANCE INCLUDING THE ROOF AND THE AMOUNT IS $530 A MONTH. OWNER IS MOTIVATED! OWNER WILL ALSO DO OWNER FINANCING IF NEEDED!

Property profile

Verified
Property type Office Units
Year built 1981
Total area 2,080 SF
UPID US18-3888864

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Physician
  • Physician

Location

6609 Ridge Rd, Unit 2 Port Richey, FL 34668
Port Richey metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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