7845 Grand BlvdPort Richey, FL 34668

Property Details for 7845 Grand Blvd

Year built

1956

Lot size

0.30 AC

Property size (Sq ft)

3,168 SF

Zone code

00C3

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

32-25-16-0200-00100-0010

APU

3225160200001000010

Description

This exceptional 1,000 square foot traditional office space is ideally situated on the northwest corner of Grand Boulevard and River Gulf Road in Port Richey, Florida, offering unparalleled visibility. Located on the second floor above a bustling restaurant, this single-tenant office boasts a spacious entryway, three private offices, and a large open area perfect for collaborative work or additional workspace. The abundance of windows provides ample natural light, creating a bright and inviting atmosphere. Conveniently located near US Highway 19, this property offers easy access to major transportation routes. Ample parking is available for tenants and clients. The space features approximately 1,000 square feet and is available for lease at a rate of $20 per square foot, which includes utilities. This is a fantastic opportunity for a business seeking a highly visible and conveniently located office space in a thriving area of Port Richey, zip code 34668.

• CAP approach

  CAP return

  Valuation

  6%

  $657,028

  6.5%

  $606,488

  7%

  $563,167

• Comparable approach

  Method

  Valuation

  Relative Method

  $349,367

  Geo Method

  $349,367

• Alternative Use

  Use

  Valuation

  Residential

  $752,045

  Hospitality

  $688,869

  Educational

  $573,131

  Medical

  $592,842

  Retail

  $891,537

Location Insight

City

Port Richey

County

Pasco

State

Florida

Latitude

28.2715

Longitude

-82.7223

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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