$395,000
About this home
Directly across from Morton Plant North Bay Hospital, BayCare’s 222-bed acute-care facility and West Pasco County’s only not-for-profit community hospital. This single-story commercial building occupies a rare, irreplaceable location in an active medical corridor. The hospital campus generates continuous daily traffic of patients, staff, physicians, and visitors, creating durable demand for nearby professional and medical-related space that cannot be replicated. The property was fully renovated in 2026 and is currently vacant, delivered as a vanilla shell ready for immediate owner-occupant build-out or NNN lease-up. No existing tenants. Available for immediate occupancy. Constructed of concrete block with stucco exterior and central HVAC, it sits on a 6,534 SF lot with on-site paved parking. It lies within the New Port Richey Community Redevelopment Area (CRA 2002), benefiting from ongoing public investment in infrastructure and corridor improvements. Pasco County’s office submarket currently operates at approximately 4.9% vacancy with average asking rents near $27/SF, reflecting landlord-favorable conditions. Stabilized NNN rents in the $22–$26/SF range are supported by medical-adjacent comps and broader submarket data, positioning the asset for strong cash-flow potential or a high-yield investment exit. At the offered price of $395,000 (~$220/SF), the property is priced attractively relative to replacement cost and the hospital-adjacent premium, appealing to both medical/professional owner-occupants and private investors. Ideal for healthcare practitioners (primary care, physical therapy, behavioral health, specialty clinics), medical billing or ancillary services, professional offices (legal, accounting, insurance, financial services), or as a 1031 exchange or NNN investment vehicle. The combination of hospital adjacency, recent full renovation, on-site parking, CRA location, and constrained supply of comparable medical-corridor sites creates a compelling ownership opportunity in a growing West Pasco market.
Property details
- MLS #
- MFRTB8540125
- Property type
- Office
- Subdivision
- NEW PORT RICHEY CITY
- Status
- Active
- Days on market
- N/A
- On market date
- August 18, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.15 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 592
- Student:teacher ratio
- 12.1:1
- District
- PASCO
- Enrollment
- 926
- Student:teacher ratio
- 16.5:1
- District
- PASCO
- Enrollment
- 1,468
- Student:teacher ratio
- 17.7:1
- District
- PASCO
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 9 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.