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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Retail space
7932 Massachusetts Ave New Port Richey, FL 34653-3029
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0282200
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
9,171 SF
Lot
1.21 ac (52,644 SF)
Zoning code
00C2
APN
03-26-16-0070-00100-0030
UPID
US18-0282200
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.08M
Owner & transaction history
County Of Pasco · 5 yrs held
County Of Pasco
since 2021
Last sale
$2.5M
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
$1,545,000
ML approach
$1,820,000
CAP Approach
CAP Return
Estimation
6%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,585,000
Current use
Blend value · Realmo final
$2.08M
Range $1.87M – $2.29M · ±10% · vs last sale $2.45M (May 21 2021)
Last sale anchor
$2.45M
May 21 2021
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
$227 / 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
$21,676
Tax year 2023
Assessed value
$1,244,733
Assessed 2023
Previous assessed
$1,244,733
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$118,820
Assessed improvement
$1,125,913
Land market value
$118,820
Improvement market value
$1,125,913
Total market value
$1,244,733
Applied tax rate
62.0000
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
2021
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
256
Total area
9,171 SF
Lot
1.21 ac (52,644 SF)
Zoning code
00C2
APN
03-26-16-0070-00100-0030
UPID
US18-0282200
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.6M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
256
Lot
1.21 ac
Current owner
From public records · entity-resolved
County Of Pasco
Entity
Mailing address
1410 45TH AVE N, ST PETERSBURG, FL 33703-4410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2021
—
County Of Pasco
Palmetto New Port Richey Ma Ave LLC
Warranty Deed
—
May 21, 2021
$2,451,500
Ansonia Properties LLC
Palmetto New Port Richey Massachuse
Special Warranty Deed
$725,000 · Seacoast National Bank
Oct 9, 2020
$399,286
Palmetto New Port Richey-massa
Roman Salamaca
Warranty Deed
—
Aug 7, 2018
$315,000
Roman Salamaca
Barile Trust
Grant Deed
$195,000 · Barile Trust (rt)
Mar 27, 2013
—
Barile Trust
Barile,gene & Alise
Quit Claim Deed
related
—
Mar 12, 2012
$196,247
Gene Barile
Esposito,anthony
Deed In Lieu Of Foreclosure
related
—
Jan 10, 2007
$245,000
Anthony F Esposito
Barile,gene D & Alise
Warranty Deed
$220,000 · Gene D & Alise Barile
Apr 25, 2003
$90,000
Gene D Barile
Quam,dale C
Grant Deed
—
Jul 20, 1998
$89,000
Dale C Quam
Gilmore,kathleen A
Grant Deed
$79,000 · Seller
—
—
Anthony F Esposito III
—
Deed Of Trust
related
$215,000 · Pasquale Beneventano
—
—
Anthony F Esposito
—
Deed Of Trust
related
$199,972 · Gene D & Alise Barile
—
—
Anthony F Esposito III
—
Deed Of Trust
related
$160,748 · Pasquale Beneventano
—
—
Anthony F Esposito
—
Deed Of Trust
related
$154,523 · Gene D & Alise Barile
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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