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Property profile & analytics
FOR LEASE
Bowling alleys
6935 Ridge Rd Port Richey, FL 34668
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US18-3976132
For Lease
1 / 17
$9,600/Mo
6935 Ridge Rd, Port Richey, FL 34668
View Listing →
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1990
Total area
40,868 SF
Lot
3.6 ac (156,980 SF)
Zoning code
00C2
APN
28-25-16-0010-01200-0000
UPID
US18-3976132
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
-
Art's Tap House North Bar & Pub
-
SafeRide.com Motorcycle Training Training Center Vocational School
-
Florida Professional Motorcycle Training - A SafeRide School Training Center Vocational School
-
Lane Glo North Bowling Alley
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
Lane Glo Lanes North INC · 25 yrs held
Lane Glo Lanes North INC
since 2001
6 recorded transactions
Zoning & alternative use
00C2 · Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Richey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$24 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,318
Tax year 2023
Assessed value
$986,878
Assessed 2023
Previous assessed
$989,035
-0.2% YoY
Effective rate
2.06%
On assessed value
Assessed land
$316,780
Assessed improvement
$670,098
Land market value
$316,780
Improvement market value
$670,098
Total market value
$986,878
Applied tax rate
6,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bowling alleys
Use group
BOWLING ALLEY
Status
For Lease
Year built
1990
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
200
Bathrooms
8
Total area
40,868 SF
Lot
3.6 ac (156,980 SF)
Zoning code
00C2
APN
28-25-16-0010-01200-0000
UPID
US18-3976132
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Port Richey, FLZoning 00C2 · permitted uses
00C2 · Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
200
Bathrooms
8
Lot
3.6 ac
Current owner
From public records · entity-resolved
Lane Glo Lanes North INC
Entity
Mailing address
6935 RDG RD, PORT RICHEY, FL 34668-6847
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2023
—
Lane Glo Lanes North INC
—
Deed
related
$4,400,000 · Newtek Bank NA
Nov 23, 2011
—
Lane-glo Lanes North INC
—
Deed Of Trust
related
$1,974,407 · First Community Bank Sw Fl
Jul 25, 2001
—
Lane Glo Lanes North INC
Lane Glo Lanes North INC
Quit Claim Deed
related
$1,464,000 · Southtrust Bank NA
—
—
Lane-glo Lanes North INC
—
Deed Of Trust
related
$785,422 · First Community Bank Sw Fl
—
—
Lane-glo Bowl INC
—
Deed Of Trust
related
$785,422 · First Community Bank Sw Fl
—
—
Lane-glo Bowl INC
—
Deed Of Trust
related
$800,000 · First Community Bank Sw Fl
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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