8535 Formel Ave Port Richey, FL 34668-5310
Property profile & analytics
8535 Formel Ave, Port Richey, FL 34668-5310
- Distribution centers
- 4,576 SF
- 0.40 lot acres
Property ID
US18-5352219
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Stay Cool Air Conditioning & Heating / HVAC Service / General Contractor
- NetZero Solar And Electrical / Production Facility
Property Details for 8535 Formel Ave
- Year built
- 1977
- Lot size
- 0.40 lot acres
- Zone code
- 00C3
- Property type
- Distribution centers
- APN
- 28-25-16-0050-00C00-0120
- APU
- 282516005000C000120
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 22, 2023 | $665,000 | Formel Ave Property LLC | Ttm Investments LLC | Warranty Deed | $1.1M · Td Bank NA |
| Aug 17, 2020 | $463,000 | Ttm Investments LLC | Robert A Carroll II | Warranty Deed | $400k · Robert A II Carroll |
| — | — | Robert A Carroll | — | Deed Of Trust · related | $150k · Wachovia Bank NA |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $675,000
- ML approach
- $640,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $745,000
- 6.5%
- $685,000
- 7%
- $635,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $410,000 Current use
- MEDICAL BUILDING
- $990,000 Change: +141% Conversion: Difficult
- RETAIL STORES
- $945,000 Change: +130% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $760,000 Change: +85% Conversion: Difficult
- OFFICE BUILDING
- $510,000 Change: +24% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.7105
- Latitude
- 28.2816
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,558
$71,892
$106,811
$178,703
-
$71,892
$106,811
$178,703
