Prime investment opportunity to acquire a 95 occupied commercial plaza in Pasco County, Florida.
| Website: | https://www.nestseekers.com/5475836 |
|---|---|
| Address: | PORT RICHEY, FL 34668 |
| Ownership: | Fee Simple |
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| Type: | Retail |
| Lot Size: | 0.5 Acres |
Financials
Price:$900,000
Annual Taxes:$6,430.21
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
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of THE ELITE REALTY EXPERIENCE | |
