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State Road 54 Redevelopment Opportunity 5616 State Road 54 10,168 SF Retail Building New Port Richey, FL 34652 $1,325,000 ($130.31/SF)
INVESTMENT HIGHLIGHTS
- Surrounded by National Retailers
- 207 Feet of Frontage
- Great Visibility on State Road 54
EXECUTIVE SUMMARY
Prime Redevelopment Opportunity nestled on nearly an acre of land (0.97 acres)with an impressive 207 feet of frontage on State Road 54, and AADT of 37,500 vehicles. This property lends itself to the possible multi-story storage facility up to 60 feet high, among many other commercial uses. Surrounded by national retailers and densely populated residential neighborhoods. This versatile property is currently home to a self-storage facility boasting 30 units, and features a leased single-family home.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
10,168 SF
Building Class
C
Year Built
1970
Price
$1,325,000
Price Per SF
$130.31
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.97 AC
Zoning
C2 - Commercial
Frontage
102’ on State Road 54
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20-26-16-0000-01100-0000 | Improvements Assessment | $56,805 |
| Land Assessment | $270,905 | Total Assessment | $327,710 |
PROPERTY TAXES
Parcel Number
20-26-16-0000-01100-0000
Land Assessment
$270,905
Improvements Assessment
$56,805
Total Assessment
$327,710
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FHR Commercial Realty
State Road 54 Redevelopment Opportunity | 5616 State Road 54
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