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Property profile & analytics
FOR SALE
Office buildings
8726 Old County Road 54 New Port Richey, FL 34653
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-5503061
For Sale
1 / 73
$1,898,000
8726 Old County Road 54, New Port Richey, FL 34653
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Total area
8,412 SF
Lot
1.14 ac (49,661 SF)
Zoning code
00C1
APN
23-26-16-0000-00500-0010
UPID
US18-5503061
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
-
CHERYL MAE LOZANO GRANADA Physician
-
PELVIC EXPERT Medical Clinic
-
Eric Lim Physician
-
ARC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$930k
Comparable Approach
Comparable
$980k
Blend (final)
Blend
$895k
Owner & transaction history
The Are Nbature Coast INC · 9 yrs held
The Are Nbature Coast INC
since 2016
7 recorded transactions
Zoning & alternative use
00C1 · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+15.5%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,010,000
6.5%
$930,000
7%
$865,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,255,000
Current use
COMMERCIAL (GENERAL)
$1,445,000
Change: +15% · Conversion: Easy
WAREHOUSE, STORAGE
$1,165,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$106 / 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
$703
Tax year 2023
Assessed value
$513,491
Assessed 2023
Previous assessed
$483,379
+6.2% YoY
Effective rate
0.14%
On assessed value
Assessed land
$209,564
Assessed improvement
$303,927
Land market value
$209,564
Improvement market value
$303,927
Total market value
$513,491
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1973
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
96
Bathrooms
10
Total area
8,412 SF
Lot
1.14 ac (49,661 SF)
Zoning code
00C1
APN
23-26-16-0000-00500-0010
UPID
US18-5503061
Jurisdiction
PASCO
Zoning & alternative use
00C1 · New Port Richey, FL
Zoning 00C1 · permitted uses
00C1 · 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
OFFICE BUILDING Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1973
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
96
Bathrooms
10
Lot
1.14 ac
Current owner
From public records · entity-resolved
The Are Nbature Coast INC
Entity
Mailing address
15782 LITTLE RNCH RD, SPRING HILL, FL 34610-4312
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2019
—
Arc Nature Coast INC
—
Deed
related
$331,273 · Wells Fargo Bk
Aug 8, 2016
$1,350,000
The Are Nbature Coast INC
The Center For Independance INC
Quit Claim Deed
related
$1,350,000 · Wells Fargo Bank NA
Sep 1, 2011
$650,000
The Center For Independence INC
87-26 Olc County Road #54 INC
Corporation Deed
$136,500 · Wells Fargo Bank NA
Dec 23, 2004
$530,000
87-26 Old County Road 54 INC
Marjoncu,jonel
Warranty Deed
—
Oct 18, 2004
$763,000
Jonel Marjoncu
Fasco Investments INC
Warranty Deed
—
Apr 17, 2001
$500,000
Fasco Investments INC
Langella,anthony J
Grant Deed
$375,000 · Mercantile Bank
Sep 23, 1997
$438,000
Anthony J Langella
Patel,satish & Sneh L
Grant Deed
—
—
—
Center For Independence INC
—
Loan Modification
related
$150,000 · Wells Fargo Bk
—
—
Arc Nature Coast INC
—
Deed Of Trust
related
$331,273 · Wells Fargo Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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