Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Retail |
| Lot Size: | 0.5 Acres |
Financials
Price:$900,000
Annual Taxes:$6,430.21
Listing Courtesy of THE ELITE REALTY EXPERIENCE
Prime investment opportunity to acquire a 95 occupied commercial plaza in Pasco County, Florida.
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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.
Amenities
- Bb Hs Internet Capable
- Electricity Available
- Phone Available
- Public
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
