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$900,000

0 Beds 0 Baths 4,776 SQFT 0.46 Acres
Type: Commercial

6201 RIDGE ROAD
PORT RICHEY, FL 34668

MLS#: TB8503651
Karen Stiles
Karen Stiles
The Real Estate Advantage
Agent
Phone: 651.329.4735
Office: 952.226.7700
Presented by: THE ELITE REALTY EXPERIENCE with 813-493-1297. - 813-493-1297

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.

 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityPORT RICHEY
Construction MaterialsBlock, Stucco
CoolingCentral Air, Mini-Split Unit(s)
CountyPasco
DirectionsFrom Little Rd head West and the property will be on the left-hand side of the road approximately 1/2 mile before US Hwy 19
DockY/NNo
Flood Zone CodeAE*
Gross Income71773
Legal DescriptionPORT 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
LevelsOne
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet20,199 sqft
Lot Size UnitsSquare Feet
MLS Area34668 - Port Richey
New ConstructionNo
OwnershipFee Simple
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeRetail
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NamePORT RICHEY ACRES
Tax Annual Amount$6,430
Tax Lot20
Tax Year2025
UtilitiesBB/HS Internet Capable, Electricity Available, Phone Available, Public
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1981
ZoningC2

Exterior

Building Area Total4,776 sqft
Foundation DetailsSlab
Lot Size Acres0.46
Lot Size Area20,199 sqft
Number of Buildings1
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$900,000

0 Beds 0 Baths 4,776 SQFT 0.46 Acres
Type: Commercial

6201 RIDGE ROAD
PORT RICHEY, FL 34668

MLS#: TB8503651
Karen Stiles
Karen Stiles
The Real Estate Advantage
Agent
Phone: 651.329.4735
Office: 952.226.7700

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