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    FOR LEASE
    Office buildings

    6709 Ridge Rd, Port Richey, FL 34668

    36,258 SF 2.16 ac lot Built 1986
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US18-5324388
    Property summary
    AI-generated overview

    This exceptional three-story, 36,834-square-foot office building, situated on 2.09 acres in Port Richey, Florida, presents a remarkable investment opportunity. Completely renovated in 2022, the property boasts 11 suites, offering flexible spaces ranging from a minimum of 731 square feet to a maximum contiguous area of 2,510 square feet. Currently, 12,300 square feet are available for lease. The building features modern finishes throughout, including attractive grey plank flooring, fresh paint, updated ceiling tiles, and energy-efficient LED lighting. All suites benefit from new HVAC units equipped with upgraded HEPA filtration systems. The exterior has also undergone significant improvements, with a fresh coat of paint, a newly paved and restriped parking lot accommodating 139 vehicles, and an updated monument sign enhancing visibility. Located at 6709 Ridge Rd, Port Richey, FL 34668, this Class B building enjoys exceptional visibility due to its Ridge Road frontage, strategically positioned between US Highway 19 and Little Road, a major east-west thoroughfare. Convenient access to the Suncoast Parkway is also readily available via the new Ridge Road extension. The property is zoned C1 and features a single passenger elevator. Built in 1986, this meticulously maintained building offers a blend of classic charm and modern functionality, making it an ideal location for a variety of businesses. The property's address is 6709 Ridge Rd, Port Richey, FL 34668. APN: 28-25-16-0140-00I00-0030.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1986
    Total area 36,258 SF
    Lot 2.16 ac (93,903 SF)
    Zoning code 00C1
    APN 28-25-16-0140-00I00-0030
    UPID US18-5324388
    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
    • Medicare Nationwide Insurance Agency
    • Thornton & Torrence Law Firm
    • Beverly R. Barnett, Esq. Barnett Law, Inc. Law Firm
    • Tampa Physicians Group Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.52M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.59M
    Blend (final) Blend
    $1.34M
    Owner & transaction history
    Financial Services LLC · 5 yrs held
    Financial Services LLC
    since 2021
    Last sale
    $976,500
    5 recorded transactions
    2023
    2021
    $976,500
    2016
    $600,000
    2005
    $3.2M
    1969
    Zoning & alternative use
    00C1 · Port Richey, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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