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Property profile & analytics
FOR SALE
Retail properties & Spaces

6826 Ridge Rd Port Richey, FL 34668

3,990 SF 0.33 ac lot Built 1978
Individually Owned 15-yr Hold ~ Est. High Equity
Property ID
US18-4012071
Property summary
AI-generated overview

This exceptional opportunity presents a fully operational, turn-key automotive and tire shop in Port Richey, Florida. Located on a high-traffic road in Pasco County, this well-maintained, single-tenant building boasts 3,570 square feet across two stories, situated on a 0.33-acre lot. The property features four dock-high doors, 23-foot ceilings, and ample parking for 18 vehicles. The shop is equipped with six lifts (rotary and forward), hydraulic engine hoists and stands, four tire machines, a balancer, alignment equipment, and service computers. Services offered include engine and transmission rebuilds, tune-ups, oil changes, brake services, and tire sales. The building also includes a customer lobby, a private office, and a convenient efficiency apartment with a full bath. The business itself is valued at $400,000, with the real estate valued at $1,200,000. The property is zoned C2 and offers a strong NOI of $188,000, resulting in an attractive 11.75% cap rate. Seller financing is available. This is a prime opportunity for an owner-user seeking a profitable and established business with significant real estate value in a high-visibility location. Detailed financials are available upon request.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1978
Total area 3,990 SF
Lot 0.33 ac (14,577 SF)
Zoning code 00C2
APN 28-25-16-0150-00A00-0012
UPID US18-4012071
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
  • Tim's Tire & Automotive (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brenneman,timothy R · 15 yrs held
Brenneman,timothy R
since 2011
2 recorded transactions
2011
$285,000
2006
Price N/A
Zoning & alternative use
00C2 · Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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