Share This Listing

Message

928 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Massachusetts Ave - 1.03 Acres C2 zoned corner lot 1.03 Acres of Commercial Land Offered at $535,000 in New Port Richey, FL 34653

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • No flood zone designation (Zone X) for reduced risk and insurance
  • Zoning upgrade to C-2 expected by November 2025
  • Cleared and ready for immediate site planning
  • 1.03-acre corner lot with dual access and strong visibility
  • Surrounded by 4,000+ new homes under development
  • Ideal for retail, medical, office, or mixed-use development

Executive Summary

This 1.03-acre commercial site offers an exceptional development opportunity in one of the fastest-growing corridors of New Port Richey. Positioned at the signalized intersection of Massachusetts Avenue and Keena Street, the property benefits from strong visibility, excellent access, and direct exposure to steady local and commuter traffic. The surrounding area is experiencing significant expansion, with more than 4,000 new residential units planned or under construction within two miles, creating long-term demand for retail, service, and commercial users.

Property Facts

Price $535,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Contractor Storage Yard
  • Convenience Store
  • Restaurant
  • Self Storage
Total Lot Size 1.03 AC
Cross Streets Keena
Zoning C2 - Currently in the process of rezoning to C2 from C1. Should be complete by the end of 2025.

1 Lot Available

Lot

Price $535,000
Price Per AC $519,417.48
Lot Size 1.03 AC

PORT RICHEY LAND COMPANY SUB PB 1 PG 61 POR OF TR 15 DESC AS COM NE COR OF NW1/4 SEC FOR POB TH ALG E LN OF NW1/4 SEC S00DEG 31'10"W 265 FT TH PARALLEL WITH N LN OF NW1/4 SEC N89DEG 39'27"W 225 FT TH [...]

Description

Positioned at the high-visibility intersection of Massachusetts Avenue and Keena Street, this 1.03-acre commercial lot offers a rare opportunity to secure a prime development site in one of New Port Richey’s fastest-growing corridors. Located in Zone X, the property is outside the floodplain, providing peace of mind and reduced insurance costs for future development. The site is currently zoned C-1 (Neighborhood Commercial) and is actively undergoing a zoning upgrade to C-2 (General Commercial), with completion anticipated by November 2025. This transition significantly expands the range of permitted uses, making the parcel ideal for retail, medical, office, or service-oriented development. Surrounded by robust residential growth, the property benefits from over 4,000 new homes planned within a 2-mile radius, ensuring a strong customer base and workforce population. The lot has already been cleared of underbrush and small trees (under 5 inches), offering a clean slate for developers and investors to move quickly. With excellent frontage and access from both Massachusetts Ave and Keena St, the site is well-positioned for drive-by visibility and signage. Its proximity to major thoroughfares and established neighborhoods makes it a strategic location for businesses seeking long-term growth in Pasco County.

Property Taxes

Property Taxes

Parcel Number
03-26-16-0070-01500-0000
Land Assessment
$101,400
Improvements Assessment
$0
Total Assessment
$101,400
  • Listing ID: 38296154

  • Date on Market: 11/1/2025

  • Last Updated:

  • Address: Massachusetts Ave, New Port Richey, FL 34653

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}