Prime investment opportunity to acquire a 95 occupied commercial plaza in Pasco County, Florida.
PORT RICHEY, FL 34668
Listing
| Web ID: | 5475836 |
|---|---|
| Website: | https://www.nestseekers.com/5475836 |
Property
| Ownership: | Fee Simple |
|---|---|
| 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
Location
Contact
Listing Courtesy of THE ELITE REALTY EXPERIENCE
