5838 Dailey LnNew Port Richey, FL 34652

Property Details for 5838 Dailey Ln

Year built

1979

Lot size

0.17 AC

Property size (Sq ft)

4,194 SF

Zone code

0MF2

Property type

Office buildings

APN

08-26-16-0340-00000-0200

APU

826160340000000200

Description

This exceptional 4,194 square foot Class B office building, located at 5838 Dailey Lane in New Port Richey, Florida, presents a unique opportunity. The entire 4,194 square feet is currently vacant and available for lease. Built in 1979 and completely updated in 2017, this two-story building boasts new impact glass windows, enhancing both security and energy efficiency. The property features separate entrances and exits for each floor, offering flexibility for multiple tenants or a single occupant. Each floor offers approximately 2,052 to 2,142 square feet of usable space. The owner is open to considering a live/work arrangement, with the possibility of occupying the first floor for business and the second floor for residential purposes. Ample parking is provided with 18 spaces, including three covered spots. Situated on a 0.17-acre lot, this property is conveniently located just blocks from the vibrant downtown commercial district of New Port Richey, offering easy access to local amenities and businesses. The property is in Pasco County, Florida, zip code 34652. This is an excellent opportunity for a business seeking a well-maintained, updated office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $869,816

  6.5%

  $802,907

  7%

  $745,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $462,514

  Geo Method

  $462,514

• Alternative Use

  Use

  Valuation

  Residential

  $995,605

  Hospitality

  $911,969

  Educational

  $758,747

  Medical

  $784,842

  Retail

  $1,180,274

Location Insight

City

New Port Richey

County

Pasco

State

Florida

Latitude

28.2414

Longitude

-82.7184

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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