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    9550 Us Highway 19 Port Richey, FL 34668

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    9550 Us Highway 19 Port Richey, FL 34668

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    • Outlet malls
    • 59,880 SF
    • 22.67 lot acres
    For Lease
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    Embassy Crossing Office Suites For Lease
    Contact for pricing

    Embassy Crossing Office Suites

    Port Richey, FL Office Space Available

    9550 Us Highway 19, Port Richey, FL 34668
    View Listing
    Property ID
    US18-2184161
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Laurence D Sestok - Humana Agent / Insurance Agency

    Property Details for 9550 Us Highway 19

    Year built
    1987
    Lot size
    22.67 lot acres
    Property size
    59,880 SF
    Zone code
    00C2
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    21-25-16-0010-01300-0000
    APU
    2125160010013000000

    Description

    Embassy Crossing, located at 9550-9690 US Hwy 19 N in Port Richey, Florida (zip code 34668), offers a diverse range of commercial spaces ideal for both executive and medical office uses, as well as retail. This multi-tenant property boasts a total of 330,636 square feet, providing ample opportunity for businesses of various sizes. The building offers flexible space options, with a minimum divisible unit of 855 square feet and a maximum contiguous space of 21,744 square feet. Currently, there are 39,963 square feet of vacant space available for lease, presenting a significant opportunity for immediate occupancy. The property's prime location in Pasco County ensures excellent visibility and accessibility for clients and employees. The building's classification as both retail and office space allows for a wide array of potential tenants, making it a versatile and attractive investment. This property is situated in a thriving commercial area, offering businesses the chance to establish a strong presence in a growing market. Inquire today to learn more about leasing opportunities at this exceptional location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,800,000
      6.5%
      $9,045,000
      7%
      $8,400,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $11,042,000
      Market price range: $2.87M - $11.0M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $12,355,000
      Current use
      MEDICAL BUILDING
      $12,955,000
      Change: +5% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $9,935,000
      Change: -20% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7055
    Latitude
    28.2965
    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
    $287,605
    $3,840,650
    $11,948,888
    $15,789,538
    -
    $3,840,650
    $11,948,888
    $15,789,538

    Comparable in this City

    • Value Estimation
      $5,770,000
      36,765 SF

      9638 Us Hwy 19

      WHOLESALE OUTLET, DISCOUNT STORE • 36,765 SF
      9638 Us Hwy 19, Port Richey, FL 34668-4642
      View Details
    • Value Estimation
      $3,380,000
      45,528 SF

      6233 Tacoma Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 45,528 SF
      6233 Tacoma Dr, Port Richey, FL 34668-4552
      View Details
    • Value Estimation
      $15,320,000
      220,024 SF

      8701 Us Hwy 19

      WHOLESALE OUTLET, DISCOUNT STORE • 220,024 SF
      8701 Us Hwy 19, Port Richey, FL 34668-5349
      View Details
    • Value Estimation
      $7,400,000
      65,365 SF

      6401 Tacoma Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 65,365 SF
      6401 Tacoma Dr, Port Richey, FL 34668-4555
      View Details
    • Value Estimation
      $1,980,000
      13,350 SF

      10413 Us Hwy 19

      WHOLESALE OUTLET, DISCOUNT STORE • 13,350 SF
      10413 Us Hwy 19, Port Richey, FL 34668
      View Details
    • Value Estimation
      $4,790,000
      65,830 SF

      8905 Us Hwy 19

      WHOLESALE OUTLET, DISCOUNT STORE • 65,830 SF
      8905 Us Hwy 19, Port Richey, FL 34668-5245
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,944 SF

      Versatile Commercial Property in Port Richey

      8,944 SF property on 10.47 acres with flexible zoning.
      9734 Us Highway 19, Port Richey, FL 34668
      View Details
    • Contact for pricing
      Pending

      Turnkey Automotive and Tire Shop

      Operating automotive shop on a well-traveled road in Pasco County.
      6241 Ridge Rd, Port Richey, FL 34668
      View Details
    • $375,000
      1,860 SF

      Port Richey Warehouse with Showroom

      Well-maintained warehouse with showroom, ideal for kitchen/bath remodel business.
      10120 Ridgeway Dr, Port Richey, FL 34668
      View Details
    • $899,900

      Renovated Commercial Building on US-19

      Turnkey commercial building on US-19, ideal for office or retail.
      8312 Us Highway 19, Port Richey, FL 34668
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      960 SF

      Regional Center Retail Space Available

      Dominant regional center with high visibility and strong demographics.
      9656-9686 Us Highway 19 N, Port Richey, FL 34668
      View Details
    • Contact for pricing
      3,296 SF

      Retail Space in Tempo Plaza

      Retail space available in Port Richey's Tempo Plaza.
      9304-9324 Us Highway 19 N, Port Richey, FL 34668
      View Details
    • Contact for pricing
      5,098 SF

      Retail Space Near Gulfview Mall

      Retail spaces for lease near Gulfview Mall.
      6233-6341 Tacoma Dr, Port Richey, FL 34668
      View Details
    • Contact for pricing
      35,000 SF

      Retail Space in Harmony Plaza

      Retail spaces available in reimagined neighborhood center, Port Richey.
      11938 Us Highway 19, Port Richey, FL 34668
      View Details
    • Contact for pricing
      28,494 SF

      Regional Center Retail Opportunity

      Dominant regional center with high visibility and strong demographics.
      9570-9654 Us Highway 19 N, Port Richey, FL 34668
      View Details
    • Contact for pricing
      2,401 SF

      Regional Center Retail Space Available

      Dominant regional center with high visibility and strong demographics.
      9550-9560 Us Highway 19 N, Port Richey, FL 34668
      View Details
    View Listing
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    Port Richey, FL 34668
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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