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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
7643 State Rd 54, New Port Richey, FL 34653-6217
Individually Owned
16-yr Hold
Free & Clear
Property ID
US18-2287854
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
2,480 SF
Lot
1.42 ac (61,998 SF)
Zoning code
00C2
APN
15-26-16-0000-00100-0100
UPID
US18-2287854
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
-
Eva's Bakery, LLC Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$375k
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$500k
Owner & transaction history
Synovus Bk · 16 yrs held
Synovus Bk
since 2010
7 recorded transactions
Zoning & alternative use
00C2 · New 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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New 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
$480,000
CAP Approach
CAP Return
Estimation
6%
$405,000
6.5%
$375,000
7%
$350,000
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$202 / 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
$21,296
Tax year 2023
Assessed value
$1,185,611
Assessed 2023
Previous assessed
$1,188,307
-0.2% YoY
Effective rate
1.80%
On assessed value
Assessed land
$287,995
Assessed improvement
$897,616
Land market value
$287,995
Improvement market value
$897,616
Total market value
$1,185,611
Applied tax rate
9,100.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
8
Stories
1
Units
1520
Bathrooms
9
Total area
2,480 SF
Lot
1.42 ac (61,998 SF)
Zoning code
00C2
APN
15-26-16-0000-00100-0100
UPID
US18-2287854
Jurisdiction
PASCO
Zoning & alternative use
00C2 · New Port Richey, FL
Zoning 00C2 · permitted uses
00C2 · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Units
1520
Bathrooms
9
Lot
1.42 ac
Current owner
From public records · entity-resolved
Synovus Bk
Individual
Free & Clear · 16 yrs held
Mailing address
204 N HOWARD AVE UNIT #2, TAMPA, FL 33606-1552
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2010
—
Synovus Bk
Mtn Highway 54 Partners LLC
Quit Claim Deed
related
—
Jan 22, 2010
$1,200,000
Shoppes At 54 LLC
Synovus Bk
Grant Deed
—
Jul 9, 2009
—
Mtn Highway 54 Partners LLC
—
Trustees Deed
related
$1,768,560 · Synovus Bank
Sep 22, 2006
—
Aloha Utilities INC
Mtn Highway 54 Partners LLC
Grant Deed
related
—
Feb 9, 2005
$540,000
Mtn Highway 54 Partners LLC
Pielak David C Trust
Warranty Deed
$200,000 · United Bank & Trust Co
—
—
Shoppes At 54 LLC
—
Deed Of Trust
related
$800,000 · Usameribank
—
—
Pielak,tr
—
Deed Of Trust
related
$135,000 · First National Bank Florida
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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