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6609 Ridge Rd Port Richey, FL 34668

Office Units Google Maps
Built 1981
Estimated value
No estimation on file for this property yet.
Property ID US18-Q028727

Property summary

AI-generated overview

Income producing Office condo For Sale in Great location!! Right On busy Ridge Rd, with a pylon Sign for visibility. Inside is spacious with 3 offices and 1 restroom and total of 1000 sqft. Low monthly condo fee includes Trash, water and all exterior maintenance. Parking in front and back available. Great retail and professional businesses around this area. Ridge Road Center plaza is across the street with Pizza hut, family dollar and upcoming latin market. Location is under 2 miles from US 19 Hwy. Owner occupants or Investors welcome in this building. Currently occupied but Tenant is flexible to stay or leave. bikeScore: 41, Somewhat Bikeable walkScore: 47, Car-Dependent

Property profile

Verified
Property type Office Units
Year built 1981
UPID US18-Q028727

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

Value estimations

Realmo proprietary · 4 methods
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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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