3830 Grand Blvd - Flex FOR SALE


New Port Richey, FL 34652- Colonial Hills
$700,000 USD
770-533-0541
3830 Grand Blvd, New Port Richey, FL for Sale
$700,000 USD
Flex - FOR SALE
1/18
null | 8.14% Cap Rate

3830 Grand Blvd
New Port Richey, FL 34652
Colonial Hills


HIGHLIGHTS

  • Turn-key income: the property is fully leased with in-place cash flow
  • Below-market in-place rents create a clear, near-term path to grow income with modest capex
  • Well-maintained front office building with recent capital improvements, fenced, funct. rear yard suited for outdoor storage, laydown, or Contr. Use
  • Positioned in the Northwest Tampa logistics corridor with frontage on Grand Blvd
  • Direct access to SR 54 and US Highway 19, connecting to Tampa, Lakeland, and Orlando
  • Surrounded by national and regional tenants, reinforcing the corridor's commercial demand

OVERVIEW

Positioned within the Northwest Tampa logistics corridor, this industrial outdoor storage (IOS) property offers a compelling opportunity for both investors and owner-users. The asset provides immediate cash flow through existing tenancy while offering future flexibility for occupancy or repositioning. Investors can capitalize on below-market rental rates and pursue income growth through targeted capital improvements. Owner-users benefit from a functional fenced yard and office component in a rapidly expanding Pasco County commercial corridor, with existing tenants helping offset carrying costs until occupancy is desired. The property features a well-maintained office building with recent capital improvements, including a new roof, HVAC system, water well, and windows. A private well and septic system support operational efficiency, while the fenced rear yard accommodates outdoor storage, equipment laydown, contractor operations, and other industrial uses. Direct access to SR 54 and US Highway 19 provides convenient connectivity throughout the Tampa Bay region, including Tampa, Lakeland, and Orlando. The surrounding area is supported by a substantial business base and a strong residential population, with numerous national and regional companies contributing to continued commercial activity and tenant demand.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$519 USD /SF

CAP RATE

8.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.32

LAND SF

13,939

ZONING

C1 & C2

APN/PARCEL ID

20-26-16-0000-01700-0000

ASK ABOUT THIS PROPERTY

Keaton GreeneSaunders Real EstateMore Info
770-533-0541

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Keaton GreeneSaunders Real EstateMore Info
770-533-0541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.