6201 Ridge Road, Port Richey, FL 34668
- $900,000
- 4,776
- SqFt
- List Price
- $900,000
- Status
- Active
- Days on Market
- 90
- Price Change
- ▼ $75,000 1780969826
- MLS#
- TB8503651
- Property Style
- Retail
- Year Built
- 1981
- Living Area
- 4,776
- Lot Size
- 20,199
- Acres
- 0.46
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Port Richey Acres
- MLS Area Major
- Port Richey
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.
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Additional Information
- Taxes Annual
- $6430
- Annual Gross Income
- 71773
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- C2
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Exterior Construction
- Block, Stucco
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- AE*
- Parcel ID
- 16-25-28-010.0-000.00-020.4
- Legal Description
- PORT RICHEY ACRES UNIT FOUR PB 9 PG 19 LOT 20 EXC FOLL DESC POR COM AT WEST COR OF LOT 20 TH N63DG 46' 10"E ALG NLY BDY LINE OF LOT 20 49.91 FT TO POB TH CONT N63DG 46' 10"E ALG NLY BDY LINE 270.44 FT TH S00DG 22' 35"W 121.12 FT TO POINT ON NLY R/W L INE OF RIDGE ROAD WHICH LIES 25.00 FT NORTH OF & PARALLEL TO PLATTED NLY R/W LINE TH N89DG 37' 35"W ALG NLY R/W LINE 241.80 FT TO POB & EXC EAST 265.93 FT OF LOT 20 & EXC SOUTH 25.00 FT FOR RIDGE RD R/W & EXC COM AT SW COR OF NW1/4 TH S89DG 42' 37"E 1053.08 FT TH N00DG 17' 23"E 50.00 FT FOR POB TH N00DG 17' 23"E 5.00 FT TH S89DG 42' 37"E 135.38 FT TH S00DG 17' 23"W 5.00 FT TH N89DG 42' 37"W 135.38 FT TO POB SUBJECT TO EASEMENT ACROSS EAST 15.00 FT & NORTH 15.00 FT OR 9785 PG 1452
Listing courtesy of THE ELITE REALTY EXPERIENCE. 813-493-1297
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