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Investment Highlights

  • Zoning and Land Use: Office
  • Flood Zone X
  • 4,500± AADT on Grand Blvd
  • Proposed Usage: Professional Office/Medical
  • Proposed Site Plan for 3,600± SF of Office Space with 5:1k Parking Ratio
  • 200± FT of Frontage on Grand Blvd

Executive Summary

Positioned within the city limits of New Port Richey, this 0.44± acre corner parcel presents a compelling opportunity for office or medical development in one of Pasco County’s steadily revitalizing corridors. The site is fully entitled with Office zoning and corresponding Future Land Use designation, offering a streamlined path toward permitting and near-term development.
Strategically located at the signalized intersection of Grand Boulevard and Crest Street, the property features approximately 200± feet of frontage along Grand Boulevard, delivering strong visibility and accessibility. With an average daily traffic count of approximately 4,500 vehicles, the site benefits from consistent exposure to local commuter traffic and surrounding neighborhood activity. City water and sewer/utilities are readily available along Grand Boulevard, further enhancing development efficiency.
Surrounded by a blend of established professional users and ongoing redevelopment initiatives, the property is well-positioned to support a range of office or medical applications. Its central location provides convenient connectivity to nearby retail, dining, and municipal services, offering an attractive environment for businesses seeking both accessibility and a strong presence within the local community.

Property Facts

Price $217,487 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Healthcare
  • Medical
Total Lot Size 0.44 AC
Zoning Office

1 Lot Available

Lot

Price $217,487 CAD
Price Per AC $494,287.66 CAD
Lot Size 0.44 AC

Description

Positioned within the city limits of New Port Richey, this 0.44± acre corner parcel presents a compelling opportunity for office or medical development in one of Pasco County’s steadily revitalizing corridors. The site is fully entitled with Office zoning and corresponding Future Land Use designation, offering a streamlined path toward permitting and near-term development. Located at the intersection of Grand Boulevard and Crest Street, the property features approximately 200± feet of frontage along Grand Boulevard, delivering strong visibility and accessibility. With an average daily traffic count of approximately 4,500 vehicles, the site benefits from consistent exposure to local commuter traffic and surrounding neighborhood activity. City water and sewer/utilities are readily available along Grand Boulevard, further enhancing development efficiency. Surrounded by a blend of established professional users and ongoing redevelopment initiatives, the property is well-positioned to support a range of office or medical applications. Its central location provides convenient connectivity to nearby retail, dining, and municipal services, offering an attractive environment for businesses seeking both accessibility and a strong presence within the local community.

Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 08-26-16-0240-00400-0070
  • 08-26-16-0240-00400-0080
Land Assessment
$59,404 CAD
Improvements Assessment
$0 CAD
Total Assessment
$59,404 CAD
  • Listing ID: 40263525

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 5425 Grand Blvd, New Port Richey, FL 34652

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