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Massachusetts Ave - 1.03 Acres C2 zoned corner lot 1.03 Acres of Commercial Land Offered at $716,226 CAD in New Port Richey, FL 34653
Investment Highlights
- No flood zone designation (Zone X) for reduced risk and insurance
- Zoning C-2
- Cleared and ready for immediate site planning
- 1.03-acre corner lot with dual access and strong visibility
- Surrounded by 4,000+ new homes under development
- Ideal for Boat and RV storage, retail, medical, office, or mixed-use development
Executive Summary
This 1.03-acre commercial site offers an exceptional development opportunity in one of the fastest-growing corridors of New Port Richey. Positioned at the signalized intersection of Massachusetts Avenue and Keena Street, the property benefits from strong visibility, excellent access, and direct exposure to steady local and commuter traffic. The surrounding area is experiencing significant expansion, with more than 4,000 new residential units planned or under construction within two miles, creating long-term demand for retail, service, and commercial users.
Property Facts
1 Lot Available
Lot
| Price | $716,226 CAD | Lot Size | 1.03 AC |
| Price Per AC | $695,365.07 CAD |
| Price | $716,226 CAD |
| Price Per AC | $695,365.07 CAD |
| Lot Size | 1.03 AC |
PORT RICHEY LAND COMPANY SUB PB 1 PG 61 POR OF TR 15 DESC AS COM NE COR OF NW1/4 SEC FOR POB TH ALG E LN OF NW1/4 SEC S00DEG 31'10"W 265 FT TH PARALLEL WITH N LN OF NW1/4 SEC N89DEG 39'27"W 225 FT TH [...]
Description
Positioned at the high-visibility intersection of Massachusetts Avenue and Keena Street, this 1.03-acre commercial lot offers a rare opportunity to secure a prime development site in one of New Port Richey’s fastest-growing corridors. Located in Zone X, the property is outside the floodplain, providing peace of mind and reduced insurance costs for future development. The site is currently zoned C-1 (Neighborhood Commercial) and is actively undergoing a zoning upgrade to C-2 (General Commercial), with completion anticipated by November 2025. This transition significantly expands the range of permitted uses, making the parcel ideal for retail, medical, office, or service-oriented development. Surrounded by robust residential growth, the property benefits from over 4,000 new homes planned within a 2-mile radius, ensuring a strong customer base and workforce population. The lot has already been cleared of underbrush and small trees (under 5 inches), offering a clean slate for developers and investors to move quickly. With excellent frontage and access from both Massachusetts Ave and Keena St, the site is well-positioned for drive-by visibility and signage. Its proximity to major thoroughfares and established neighborhoods makes it a strategic location for businesses seeking long-term growth in Pasco County.
Property Taxes
| Parcel Number | 03-26-16-0070-01500-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $139,679 CAD | Total Assessment | $139,679 CAD |
Property Taxes
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Massachusetts Ave - 1.03 Acres C2 zoned corner lot
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