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6740 Commerce Ave Port Richey, FL 34668-6814

OFF-MARKET Office buildings Google Maps
6,600 SF 0.42 ac lot Built 1982
Trust Owned 13-yr Hold Free & Clear
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
Property ID US18-0186533

Property summary

AI-generated overview

This exceptional 7,200 square foot creative office space in Port Richey, Florida, presents a unique opportunity for businesses seeking a versatile and functional workspace. Located in a single-story, 14,000 square foot building constructed in 1982, this property offers a single-tenant occupancy. The space boasts 22 private offices, perfect for fostering individual productivity and team collaboration. A welcoming foyer and dedicated waiting area create a professional and inviting atmosphere for clients and visitors. A convenient kitchen area provides a comfortable space for breaks and refreshments, enhancing employee well-being. The property's significant advantage lies in its direct access to an adjoining warehouse, offering unparalleled flexibility. This feature allows for seamless integration of office and storage needs, making it ideal for businesses requiring both administrative space and light warehousing capabilities. This adaptability makes it suitable for a wide range of industries, from traditional office settings to those needing a blend of office and storage solutions within a single location. The property is situated in Pasco County and offers a total building size of 14,000 square feet.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Total area 6,600 SF
Lot 0.42 ac (18,166 SF)
Zoning code 00C2
APN 28-25-16-0150-00F00-0043
UPID US18-0186533

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
  • Tech Support Center IT Consulting Firm
  • Telecommunications Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2012
2 recorded transactions
2012
$390,000
2012
$70,100

Zoning & alternative use

00C2 · Port Richey, FL

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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