5036 Trouble Creek RdNew Port Richey, FL 34652

Property Details for 5036 Trouble Creek Rd

Year built

1962

Lot size

0.15 AC

Property size (Sq ft)

1,350 SF

Zone code

00R4

Property type

Office properties

Property subtype

Office buildings

APN

17-26-16-0020-00000-0010

APU

1726160020000000010

Description

This exceptional 1,350 square foot freestanding office building is ideally situated in New Port Richey, Florida, at 5036 Trouble Creek Rd, 34652. The property offers a single-tenant occupancy opportunity, perfect for a variety of professional services. The space boasts a welcoming waiting area, a reception desk, multiple private offices, a full bathroom, and a convenient kitchen. Ample parking is available both in front and to the side of the building. Security features include cameras at both the front and back entrances. This versatile space is suitable for businesses such as accounting firms, retail outlets, insurance agencies, mortgage companies, financial services providers, or other professional service-oriented enterprises. The property is offered at a flat monthly rental rate inclusive of all utilities, with negotiable terms. Additionally, there's a unique opportunity to purchase the building and land for $470,000, with potential owner financing available. This presents a rare chance to own a well-located, established business property in a thriving area near Highway 19.

• CAP approach

  CAP return

  Valuation

  6%

  $279,984

  6.5%

  $258,446

  7%

  $239,986

• Comparable approach

  Method

  Valuation

  Relative Method

  $148,878

  Geo Method

  $148,878

• Alternative Use

  Use

  Valuation

  Residential

  $320,474

  Hospitality

  $293,552

  Educational

  $244,232

  Medical

  $252,631

  Retail

  $379,916

Location Insight

City

New Port Richey

County

Pasco

State

Florida

Latitude

28.2241

Longitude

-82.7303

CBSA code

45300

CBSA name

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

Property Tax & Assessments

FAQs

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