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*New Price* 20000 sf Warehouse/Office 7030 Osteen Rd

21,350 SF Flex Building New Port Richey, FL 34653 $2,500,000 ($117/SF)

Investment Highlights

  • Commercial Office/Warehouse Multi Use Complex
  • 4248 Square Feet Office/Conference
  • January 2025 Occupancy
  • 15400 Square Feet Warehouse Space
  • Large Paved Lot

Executive Summary

Commercial Complex under C2 zoning in New Port Richey, West Pasco County Fl. This property offers nearly 22000 square feet of space inside 4 structures.
Building 1 is 4248 square feet of finished flex space, currently configured as offices; complete with reception area, private executive offices, storage space, conference room, 3 bathrooms and mechanical/electronic closet. Recent paint inside and out, remodeled baths, durable vinyl laminate flooring and new HVAC. Ample street parking as well as on building side.
Building 2 is 6300 square feet, with 5500 square feet of insulated warehouse space accessed by 3 overhead doors, 2 electric operators, and 800 square feet of showroom space (creating a loft for more storage). Bathroom on site, glass door entry into showroom.
Building 3 is 9100 square feet warehouse space with 6 overhead doors, 4 electric operators, with small office & loft storage, wash rack area and bay storage at rear. Semi dip-ramp and loading dock.
Building 4 is storage shed with new roof, 1600 square feet with sliding door.
Southeast of property has large 1/3 acre asphalt paved parking area for large equipment, or potential for additional structure.
For an owner/user, the property offers versatile solutions to all logistic needs; a rare find in the direct West Pasco market area.
Occupancy January 2025. It is perfect for multi-tenant occupancy and can generate a strong CAP rate and generous ROI.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,500,000
Price Per SF $117
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 2.15 AC
Rentable Building Area 21,350 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 1.17/1,000 SF
Clear Ceiling Height 16 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1

Amenities

  • Conferencing Facility
  • Fenced Lot
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 35-25-16-0030-06200-0041
  • 35-25-16-0030-06200-0042
  • 35-25-16-0030-06200-0040
Land Assessment
$133,522 (2024)
Improvements Assessment
$278,398 (2024)
Total Assessment
$411,920 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025

zoning

Zoning Code C2 (C-2 General Commercial)
C2 (C-2 General Commercial)
  • Listing ID: 32246707

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 7030 Osteen Rd, New Port Richey, FL 34653

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