6201 RIDGE RD, Port Richey, FL 34668
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Prime investment opportunity to acquire a 95% occupied commercial plaza in Pasco County, Florida. The property consists of six units, with one established tenant occupying three units and expressing interest in expanding into additional space. This asset requires no immediate capital improvements, featuring a new shingle roof (2025), HVAC systems all under three years old, and a recently resurfaced parking lot (completed two months ago). Current effective NOI is $65,000, with below-market rents in place, presenting a strong value-add opportunity for increased revenue. Potential Income Improvements by (2/2027) upon expiration of current leases. Only 570 sf unoccupied of total 4777sf available.
Property Details
Listed by THE ELITE REALTY EXPERIENCE · MLS# TB8503651
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