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    Property profile & analytics

    8923 State Rd 54 New Port Richey, FL 34655-3006

    • Grocery and convenience stores
    • 3,519 SF
    • 1.45 lot acres
    OFF-MARKET
    Value Estimation
    $2,380,000
    Last Sale
    Jul 28, 2021
    $2,972,000
    Location Intelligence
    Property ID
    US18-5068438
    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.

    Current Use by Public Records

    • REBEL Convenience Stores / Convenience Store / Beer Store
    • Mobil / Gas Station
    • Just Digital Coin Bitcoin ATM - New Port Richey / Crypto Atm / Atm

    Property Details for 8923 State Rd 54

    Year built
    2002
    Lot size
    1.45 lot acres
    Property size
    3,519 SF
    Zone code
    00C2
    Property type
    Grocery and convenience stores
    APN
    23-26-16-0000-01400-0010
    APU
    2326160000014000010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.6669
    Latitude
    28.2066
    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
    $28,315
    $1,297,691
    $491,990
    $1,789,681
    -
    $1,297,691
    $491,990
    $1,789,681

    Comparable in this City

    • Value Estimation by Request
      3,818 SF

      2130 Corporate Ctr Dr

      CONVENIENCE STORE • 3,818 SF
      2130 Corporate Ctr Dr, Trinity, FL 34655-7256
      View Details
    • Value Estimation by Request
      4,488 SF

      10227 State Rd 54

      CONVENIENCE STORE • 4,488 SF
      10227 State Rd 54, New Port Richey, FL 34655-2184
      View Details
    • Value Estimation
      $1,945,000
      3,588 SF

      5426 Little Rd

      CONVENIENCE STORE • 3,588 SF
      5426 Little Rd, New Port Richey, FL 34655-1199
      View Details
    • Value Estimation
      $540,000
      3,684 SF

      2441 7th Spgs Blvd

      CONVENIENCE STORE • 3,684 SF
      2441 7th Spgs Blvd, New Port Richey, FL 34655-3630
      View Details
    • Value Estimation
      $540,000
      2,976 SF

      6926 Little Rd

      CONVENIENCE STORE • 2,976 SF
      6926 Little Rd, New Port Richey, FL 34655-1010
      View Details
    • Value Estimation by Request
      37,764 SF

      4008 Little Rd

      GROCERY, SUPERMARKET • 37,764 SF
      4008 Little Rd, New Port Richey, FL 34655-1719
      View Details

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      Retail Space in Publix-Anchored Center

      Retail space available in a Publix-anchored shopping center.
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      Retail Space in Publix-Anchored Center

      Retail space available in a Publix-anchored community center.
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    Property Visit Statistics

    • Visits by month
      6.6k
    • Visitors by month
      5.9k
    • Avg Time on site
      15 min
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    8923 State Rd 54
    New Port Richey, FL 34655-3006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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