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7853 Leo Kidd Ave 8,550 SF Vacant Industrial Building Port Richey, FL 34668 $1,308,150 ($153/SF) 3.63% Cap Rate



Executive Summary
The property located at 7853 Leo Kidd Avenue is a freestanding commercial asset situated in Port Richey, Pasco County, Florida, within the Tampa Bay metropolitan
region. The site is positioned in an established light industrial and service-oriented corridor characterized by contractor, automotive, and small warehouse users. The
property occupies approximately 0.44 acres and benefits from a functional lot size that supports on-site parking, outdoor storage, and operational flexibility. Its location
provides convenient access to US-19 and other major transportation routes serving Pasco County and the greater Gulf Coast market. The property is improved with a single-story building constructed with a metal exterior and metal roof, consistent with light industrial and warehouse design. The existing improvements provide a practical and adaptable layout capable of accommodating a variety of permitted uses, including warehouse, service, contractor, storage, and office-industrial configurations. The building’s construction and layout allow for efficient operations with limited common areas, reducing unnecessary overhead while maintaining flexibility for tenant or owner customization. For owner-user buyers, 7853 Leo Kidd Avenue offers the opportunity to control a standalone commercial facility without the constraints typically associated with multitenant properties. The zoning allows for a broad range of commercial and light industrial uses, enabling businesses to adapt the property as operational needs evolve. The site is well suited for users seeking a combination of indoor workspace and yard area, and it provides the ability for an owner to occupy the entire property or
potentially offset occupancy costs through partial leasing, where permitted. From an investment perspective, the property benefits from strong local demand fundamentals for small-bay industrial and service space in Pasco County. Continued population growth and commercial development throughout the Tampa Bay region have supported consistent demand for flexible industrial properties that serve local businesses and contractors. The asset’s zoning flexibility broadens the potential tenant base, supporting leasing durability. Additionally, the property presents value-add potential through physical improvements, re-tenanting, or operational enhancements, with longer-term upside through repositioning or redevelopment, subject to local approvals. Overall, 7853 Leo Kidd Avenue represents a well-located and versatile commercial property offering both immediate utility and future upside. Its manageable scale, functional improvements, and placement within an active industrial corridor make it an attractive opportunity for owner-users and investors seeking exposure to a growing Florida market with flexible use potential.
region. The site is positioned in an established light industrial and service-oriented corridor characterized by contractor, automotive, and small warehouse users. The
property occupies approximately 0.44 acres and benefits from a functional lot size that supports on-site parking, outdoor storage, and operational flexibility. Its location
provides convenient access to US-19 and other major transportation routes serving Pasco County and the greater Gulf Coast market. The property is improved with a single-story building constructed with a metal exterior and metal roof, consistent with light industrial and warehouse design. The existing improvements provide a practical and adaptable layout capable of accommodating a variety of permitted uses, including warehouse, service, contractor, storage, and office-industrial configurations. The building’s construction and layout allow for efficient operations with limited common areas, reducing unnecessary overhead while maintaining flexibility for tenant or owner customization. For owner-user buyers, 7853 Leo Kidd Avenue offers the opportunity to control a standalone commercial facility without the constraints typically associated with multitenant properties. The zoning allows for a broad range of commercial and light industrial uses, enabling businesses to adapt the property as operational needs evolve. The site is well suited for users seeking a combination of indoor workspace and yard area, and it provides the ability for an owner to occupy the entire property or
potentially offset occupancy costs through partial leasing, where permitted. From an investment perspective, the property benefits from strong local demand fundamentals for small-bay industrial and service space in Pasco County. Continued population growth and commercial development throughout the Tampa Bay region have supported consistent demand for flexible industrial properties that serve local businesses and contractors. The asset’s zoning flexibility broadens the potential tenant base, supporting leasing durability. Additionally, the property presents value-add potential through physical improvements, re-tenanting, or operational enhancements, with longer-term upside through repositioning or redevelopment, subject to local approvals. Overall, 7853 Leo Kidd Avenue represents a well-located and versatile commercial property offering both immediate utility and future upside. Its manageable scale, functional improvements, and placement within an active industrial corridor make it an attractive opportunity for owner-users and investors seeking exposure to a growing Florida market with flexible use potential.
Property Facts
| Price | $1,308,150 | Lot Size | 0.44 AC |
| Price Per SF | $153 | Rentable Building Area | 8,550 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 3.63% | Year Built | 2009 |
| Property Type | Industrial | Parking Ratio | 1.17/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C3 | ||
| Price | $1,308,150 |
| Price Per SF | $153 |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.63% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.44 AC |
| Rentable Building Area | 8,550 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Parking Ratio | 1.17/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C3 |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Advance Auto Parts began in 1932 when Arthur Taubman acquired Advance Stores in Virginia, and the business later developed into a publicly traded automotive aftermarket retailer. The company serves professional installers and do-it-yourself customers through retail stores, online shopping, and customer support services, with offerings that include replacement parts, accessories, batteries, and maintenance items. Advance Auto Parts also operates the Carquest brand and maintains a broad North American presence that includes the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 32-25-16-0010-00000-0040 | Improvements Assessment | $676,538 |
| Land Assessment | $95,750 | Total Assessment | $772,288 |
Property Taxes
Parcel Number
32-25-16-0010-00000-0040
Land Assessment
$95,750
Improvements Assessment
$676,538
Total Assessment
$772,288
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