$900,000

$188/sq ft

$75,000
Price Decreased

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Overview

Year Built

1981

Sqft

4776

Property Type

Retail

Property Description

Prime investment opportunity to acquire a 95% occupied commercial plaza in Pasco County, Florida. The property consists of six units, with stable in-place income. This asset requires no immediate capital improvements, 7.65% Cap rate, a new shingle roof (2025), HVAC systems all under three years old, and a recently resurfaced parking lot (completed 2/2026). Current effective NOI is $65,000, Pro Forma NOI $71,000. Potential Income improvements by 2/2027. Only 570 sf unoccupied of total 4777sf available.

Property Details

MLS#

TB8503651

Total Floor in Bldg

1

Address

6201 RIDGE

City

PORT RICHEY

State/county

FL

Zip/Postal Code

34668

Area

Port Richey Acres

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,430

Maint Fee

$--

Tax Year

2025

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Boris Gelfand