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7853 Leo Kidd Ave 8,550 SF 100% Leased Industrial Building Port Richey, FL 34668 $1,808,321 CAD ($211.50 CAD/SF) 3.63% Cap Rate



Executive Summary
The property located at 7853 Leo Kidd Avenue is a freestanding commercial asset situated in Port Richey, Pasco County, Florida, within the Tampa Bay metropolitan
region. The site is positioned in an established light industrial and service-oriented corridor characterized by contractor, automotive, and small warehouse users. The
property occupies approximately 0.44 acres and benefits from a functional lot size that supports on-site parking, outdoor storage, and operational flexibility. Its location
provides convenient access to US-19 and other major transportation routes serving Pasco County and the greater Gulf Coast market. The property is improved with a single-story building constructed with a metal exterior and metal roof, consistent with light industrial and warehouse design. The existing improvements provide a practical and adaptable layout capable of accommodating a variety of permitted uses, including warehouse, service, contractor, storage, and office-industrial configurations. The building’s construction and layout allow for efficient operations with limited common areas, reducing unnecessary overhead while maintaining flexibility for tenant or owner customization. For owner-user buyers, 7853 Leo Kidd Avenue offers the opportunity to control a standalone commercial facility without the constraints typically associated with multitenant properties. The zoning allows for a broad range of commercial and light industrial uses, enabling businesses to adapt the property as operational needs evolve. The site is well suited for users seeking a combination of indoor workspace and yard area, and it provides the ability for an owner to occupy the entire property or
potentially offset occupancy costs through partial leasing, where permitted. From an investment perspective, the property benefits from strong local demand fundamentals for small-bay industrial and service space in Pasco County. Continued population growth and commercial development throughout the Tampa Bay region have supported consistent demand for flexible industrial properties that serve local businesses and contractors. The asset’s zoning flexibility broadens the potential tenant base, supporting leasing durability. Additionally, the property presents value-add potential through physical improvements, re-tenanting, or operational enhancements, with longer-term upside through repositioning or redevelopment, subject to local approvals. Overall, 7853 Leo Kidd Avenue represents a well-located and versatile commercial property offering both immediate utility and future upside. Its manageable scale, functional improvements, and placement within an active industrial corridor make it an attractive opportunity for owner-users and investors seeking exposure to a growing Florida market with flexible use potential.
region. The site is positioned in an established light industrial and service-oriented corridor characterized by contractor, automotive, and small warehouse users. The
property occupies approximately 0.44 acres and benefits from a functional lot size that supports on-site parking, outdoor storage, and operational flexibility. Its location
provides convenient access to US-19 and other major transportation routes serving Pasco County and the greater Gulf Coast market. The property is improved with a single-story building constructed with a metal exterior and metal roof, consistent with light industrial and warehouse design. The existing improvements provide a practical and adaptable layout capable of accommodating a variety of permitted uses, including warehouse, service, contractor, storage, and office-industrial configurations. The building’s construction and layout allow for efficient operations with limited common areas, reducing unnecessary overhead while maintaining flexibility for tenant or owner customization. For owner-user buyers, 7853 Leo Kidd Avenue offers the opportunity to control a standalone commercial facility without the constraints typically associated with multitenant properties. The zoning allows for a broad range of commercial and light industrial uses, enabling businesses to adapt the property as operational needs evolve. The site is well suited for users seeking a combination of indoor workspace and yard area, and it provides the ability for an owner to occupy the entire property or
potentially offset occupancy costs through partial leasing, where permitted. From an investment perspective, the property benefits from strong local demand fundamentals for small-bay industrial and service space in Pasco County. Continued population growth and commercial development throughout the Tampa Bay region have supported consistent demand for flexible industrial properties that serve local businesses and contractors. The asset’s zoning flexibility broadens the potential tenant base, supporting leasing durability. Additionally, the property presents value-add potential through physical improvements, re-tenanting, or operational enhancements, with longer-term upside through repositioning or redevelopment, subject to local approvals. Overall, 7853 Leo Kidd Avenue represents a well-located and versatile commercial property offering both immediate utility and future upside. Its manageable scale, functional improvements, and placement within an active industrial corridor make it an attractive opportunity for owner-users and investors seeking exposure to a growing Florida market with flexible use potential.
Property Facts
| Price | $1,808,321 CAD | Lot Size | 0.44 AC |
| Price Per SF | $211.50 CAD | Rentable Building Area | 8,550 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 3.63% | Year Built | 2009 |
| Property Type | Industrial | Parking Ratio | 1.17/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C3 | ||
| Price | $1,808,321 CAD |
| Price Per SF | $211.50 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.63% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.44 AC |
| Rentable Building Area | 8,550 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Parking Ratio | 1.17/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C3 |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Advance Auto Parts, Inc. est l'un des principaux fournisseurs de pièces de rechange automobiles qui sert à la fois les installateurs professionnels et les clients de bricoleurs. Au 5 octobre 2024, Advance exploitait 4 781 magasins principalement aux États-Unis, et d'autres au Canada, à Porto Rico et aux îles Vierges américaines. L'entreprise a également desservi 1 125 magasins indépendants de marque Carquest dans ces endroits, en plus du Mexique et de diverses îles des Caraïbes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 32-25-16-0010-00000-0040 | Improvements Assessment | $937,167 CAD |
| Land Assessment | $132,637 CAD | Total Assessment | $1,069,804 CAD |
Property Taxes
Parcel Number
32-25-16-0010-00000-0040
Land Assessment
$132,637 CAD
Improvements Assessment
$937,167 CAD
Total Assessment
$1,069,804 CAD
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