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Investment Highlights
- Almost 10,000 SF across two combined warehouse structures in Port Richey right off of Ridge Rd outside of a flood zone
- Unique buildout includes 3 climate controlled offices with bathrooms and mezzanine space.
- Steel & concrete construction with upgrades completed in 2012. 14x14(2) and 10x10(2) grade level doors resistant to 180mph winds and brand new road.
Executive Summary
8524 Rees Street is a commercial/industrial property located in Port Richey, Florida, within Pasco County. The property has historically been used for business or light
industrial purposes rather than residential use. though the property does offer extensive residential amenities. The improvements are designed for functional, utility oriented
use, consistent with warehouse, workshop, or contractor-style operations. The site is situated in the City of Port Richey, part of Florida’s Gulf Coast region within the greater Tampa–St. Petersburg–Clearwater metropolitan area. Rees Street lies in a predominantly industrial and service-oriented area with access to local arterial roads, making it suitable for distribution, storage, fabrication, or similar commercial activities. The location benefits from proximity to U.S. 19 and other regional connectors serving western Pasco County. What makes the property attractive is its scale and construction. The building is reported to contain approximately 9,000 to 10,000 square feet of interior space, with variations in square footage depending on the source and how the improvements are measured. Public listings and descriptions suggest durable construction, including concrete block or steel elements, and features commonly sought by industrial users, such as open interior layouts, heavy-duty utility capacity, and business-grade electrical service. The building size is substantial for the Port Richey submarket, particularly for owner-users or investors seeking flexible industrial space without the pricing typically associated with larger metropolitan cores. In summary, 8524 Rees Street is a sizable industrial/commercial property in Port Richey, Florida, comprising roughly 9,000–10,000 square feet. Its appeal lies in its functional construction, adaptable interior space, and location within a business-oriented corridor of western Pasco County, making it suitable for a range of light industrial or commercial uses.
industrial purposes rather than residential use. though the property does offer extensive residential amenities. The improvements are designed for functional, utility oriented
use, consistent with warehouse, workshop, or contractor-style operations. The site is situated in the City of Port Richey, part of Florida’s Gulf Coast region within the greater Tampa–St. Petersburg–Clearwater metropolitan area. Rees Street lies in a predominantly industrial and service-oriented area with access to local arterial roads, making it suitable for distribution, storage, fabrication, or similar commercial activities. The location benefits from proximity to U.S. 19 and other regional connectors serving western Pasco County. What makes the property attractive is its scale and construction. The building is reported to contain approximately 9,000 to 10,000 square feet of interior space, with variations in square footage depending on the source and how the improvements are measured. Public listings and descriptions suggest durable construction, including concrete block or steel elements, and features commonly sought by industrial users, such as open interior layouts, heavy-duty utility capacity, and business-grade electrical service. The building size is substantial for the Port Richey submarket, particularly for owner-users or investors seeking flexible industrial space without the pricing typically associated with larger metropolitan cores. In summary, 8524 Rees Street is a sizable industrial/commercial property in Port Richey, Florida, comprising roughly 9,000–10,000 square feet. Its appeal lies in its functional construction, adaptable interior space, and location within a business-oriented corridor of western Pasco County, making it suitable for a range of light industrial or commercial uses.
Property Facts
| Price | $2,130,000 | Building Class | C |
| Price Per SF | $198.69 | Lot Size | 0.50 AC |
| Sale Type | Owner User | Rentable Building Area | 10,720 SF |
| Sale Condition | High Vacancy Property | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Warehouse | Clear Ceiling Height | 19’ |
| Zoning | 00I1 | ||
| Price | $2,130,000 |
| Price Per SF | $198.69 |
| Sale Type | Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.50 AC |
| Rentable Building Area | 10,720 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Clear Ceiling Height | 19’ |
| Zoning | 00I1 |
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Property Taxes
| Parcel Number | 28-25-16-0040-00000-0280 | Improvements Assessment | $617,394 |
| Land Assessment | $89,000 | Total Assessment | $706,394 |
Property Taxes
Parcel Number
28-25-16-0040-00000-0280
Land Assessment
$89,000
Improvements Assessment
$617,394
Total Assessment
$706,394
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