Prepared on Prepared By Eric Cederman Cederman Properties 3060 Alternate 19, Suite B-15 Palm Harbor, FL 727-785-9966 cedermaneric@gmail.com Page 1
C2 Commercial SR54 Prime Location.Ready to Develop SR 54, New Port Richey, FL 34653 Listing ID: 28873610 Status: Active Property Type: Vacant Land For Sale Possible Uses: Agricultural, Hospitality Gross Land Area: 3.21 Acres Sale Price: $899,000 Unit Price: $280,062 Per Acre Sale Terms: Cash to Seller, Other Overview/Comments C2 Commercial. Prime Location on SR54, 3.8 miles from Hospital Medical Center of Trinity. Two Lots total 3.24 acres (2.5 acres plus 0.74 acres ) 260 ft Frontage on SR54 and 242 Frontage on Thys Rd. Ready to Develop. Billboard located on SR54 generates Income. More Information Online http://cie.fgcar.org/listing/28873610 QR Code Scan this image with your mobile device: General Information Tax ID/APN: Zoning: Sale Terms: 18262600002990000X0 C2 COMMERCIAL Cash to Seller, Other Possible Uses Other Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Area & Location Market Type: Property Located Between: Side of Street: Property Visibility: Rural Located on State Rd 54, between Virginia City Dr. and Thys Rd. Back Portion located on Thys Rd. Northeast Excellent Largest Nearby Street: SR54 Feet of Frontage: 260 Transportation: Bus, Highway, Other Highway Access: Direct Legal Description TAMPA TARPON SPRINGS LAND COMPANY SUBDIVISION PB 1 PGS 68-70 POR TRACTS 59 & 60 DESC AS COM SE COR SW1/4 TH ALG SOUTH LINE SW1/4 N89DG 35' 20"W 384.51 FT TH N00DG 22' TAMPA TARPON SPRINGS LAND COMPANY SUBDIVISION PB 1 PGS 68-70 POR TRACTS 59 & 60 DESC AS COM S1/4 COR OF SEC TH ALG SEC LN N89DG 35' 20"W 384.51 FT TH N00DG 22' 53"E 47.29 FT INSTALLING & MAINTAINING Location Address: SR 54, New Port Richey, FL 34653 County: Pasco MSA: Tampa-St. Petersburg-Clearwater Page 2
Property Images 016 018 017 019 Page 3
020 024 021 025 023 026 Page 4
027 030 028 031 029 032 Page 5
map2 map5 map_1 map6 Property Contacts Eric Cederman Cederman Properties 727-688-5859 [M] 727-785-9966 [O] cedermaneric@gmail.com Page 6 Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
Market Summary November, 2017 Florida 30.6 million SF Commercial Space For Sale 58,005 Acres Land & Farm For Sale 15.5 million SF Commercial Space For Lease $5.3 billion Total Sale Price Current Statistics for Florida Property Type Listings Asking Lease Rate Asking Sale Price Below List Days on Market Total Available Industrial 731 $5.98 PSF $40.34 PSF 15.8% 374 14.0 million SF Office 2,685 $15.85 PSF $139.50 PSF 12.2% 291 10.9 million SF Retail-Commercial 1,363 $14.26 PSF $121.81 PSF 15.3% 483 7.0 million SF Shopping Center 390 $12.57 PSF $127.02 PSF 8.7% 1,992 2.6 million SF Vacant Land 2,434 $1.41 PSF $1.39 PSF 14.1% 380 2.5 billion SF Farm/Ranch 17 - $0.42 PSF 6.8% 288 60.5 million SF Hospitality 16 - $14.11 PSF - - 1.7 million SF Multi-Family 81 - $64.46 PSF 27.5% 98 1.9 million SF Frequency: Statistics are compiled at the beginning of each month. Reliability: The quality of the data will vary based on many factors, including whether or not your CIE verifies the data on an ongoing basis. Statistics based on larger numbers of listings (as indicated by the "Listings" column) are generally more trustworthy. Accuracy: We make all attempts to normalize these stats, but make no guarantees about their accuracy. Outliers (extremely high or low values) are excluded from calculations. Counts: Listing and Transaction counts reflect the number of records with price and size information within valid ranges. The actual counts of all records in the CIE are larger. Weighted Averages: Price averages are weighed using the square footage available. Direct: Lease statistics are direct (exclude subleases). Lease Types: Because of discrepancies in how lease types (NNN, Gross, etc) are reported, we ignore differences in type all types are folded together into the lease rate stats. Below List: Reflects the average percent difference between the original listed price and the final transaction price. Net Absorption: We calculate absorption using a 90 day period. Locations: We only allow filters for locations with at least 100 active listings. Asking vs. Reported: "Asking" prices are based on active listings for the chosen locale, while "Reported" prices are calculated using completed transactions as reported by CIE members. Disclaimer: All statistics on this page have been gathered from user-loaded listings and userreported transactions. We have not verified accuracy and make no guarantees. By using the information provided on this page, the user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using. Statistics courtesy of: Florida Gulfcoast Commercial Association of REALTORS Page 7 Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
Demographics, Labor/Workforce, and Consumer Expenditures SR 54, New Port Richey, FL Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using. Population 2020 Projection 8,751 58,203 124,772 2015 Estimate 7,492 50,878 109,851 2010 Census 5,985 40,837 86,660 Growth 2015-2020 16.8% 14.4% 13.58% Growth 2010-2015 25.18% 24.59% 26.76% Population (Male) 2020 Projection 3,997 27,998 60,901 2015 Estimate 3,366 24,397 53,566 2010 Census 2,890 20,157 42,663 Growth 2015-2020 18.75% 14.76% 13.69% Growth 2010-2015 16.47% 21.03% 25.56% Page 8 Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
Population (Female) 2020 Projection 4,754 30,205 63,871 2015 Estimate 4,126 26,481 56,285 2010 Census 3,095 20,680 43,997 Growth 2015-2020 15.22% 14.06% 13.48% Growth 2010-2015 33.31% 28.05% 27.93% Population by Age (2015 Estimate) Age 0 to 5 586 3,507 7,275 Age 5 to 10 561 3,687 7,866 Age 10 to 15 470 3,570 7,706 Age 15 to 20 446 3,662 7,799 Age 20 to 25 462 3,539 7,546 Age 25 to 30 477 3,184 6,751 Age 30 to 35 452 2,810 6,063 Age 35 to 40 402 2,569 5,769 Age 40 to 45 384 2,678 6,200 Age 45 to 50 418 3,034 7,143 Age 50 to 55 449 3,290 7,681 Age 55 to 60 469 3,320 7,626 Age 60 to 65 451 3,037 6,818 Age 65 and over 1,465 8,991 17,608 Total Population 7,492 50,878 109,851 Median Age 44.28 44.35 44.2 Age 0 to 5 Age 5 to 10 Age 10 to 15 Age 15 to 20 Age 20 to 25 Age 25 to 30 Age 30 to 35 Age 35 to 40 Age 40 to 45 Age 45 to 50 Age 50 to 55 Age 55 to 60 Age 60 to 65 Age 65 and over 8% 7% 7% 7% 7% 7% 6% 7% 7% 6% 7% 7% 6% 7% 7% 6% 6% 6% 6% 6% 6% 5% 5% 5% 5% 5% 6% 6% 6% 7% 6% 6% 7% 6% 7% 7% 6% 6% 6% 20% 18% 16% Median Age (Male) 2010 Census 42.71 39.37 38.97 Median Age (Female) 2010 Census 43.31 40.44 39.94 High School Graduates Age 25+ by Educational Attainment (2015 Estimate) High School Graduate (or GED) 1,555 8,908 19,086 Some College, No Degree 1,126 8,323 17,502 Associate or Bachelor's Degree 501 3,007 6,669 Master's Degree 217 2,245 4,635 Professional School Degree 73 514 1,117 Doctorate Degree 84 392 872 Total High School Graduates Age 25+ 3,556 23,389 49,881 High School Graduate (or GED) Some College, No Degree Associate or Bachelor's Degree Master's Degree Professional School Degree Doctorate Degree 44% 38% 38% 32% 36% 35% 14% 13% 13% 6% 10% 9% 2% 2% 2% 2% 2% 2% Page 9 Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
Households 2020 Projection 3,387 21,062 45,428 2015 Estimate 2,903 18,404 40,013 2010 Census 2,338 14,824 31,768 Growth 2015-2020 16.67% 14.44% 13.53% Growth 2010-2015 24.17% 24.15% 25.95% Population in Households 2010 Census 5,985 40,837 86,660 Average Household Size 2020 Projection 2.59 2.79 2.78 2015 Estimate 2.59 2.79 2.78 2010 Census 2.58 2.78 2.76 Growth 2015-2020 0% 0% -0.07% Growth 2010-2015 0.56% 0.67% 0.87% Page 10 Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
Households by Household Type and Size and Presence of Children (2015 Estimate) Family Households 2,157 14,287 30,637 Married-couple family 1,778 11,707 24,903 With own 723 5,501 11,721 No own 1,055 6,206 13,182 Male Householder: 126 812 1,732 no wife present With own 61 447 973 No own 65 365 759 Female Householder: no husband 253 1,768 4,002 present With own 123 958 2,296 No own 130 810 1,706 Nonfamily Households 746 4,117 9,376 1 Person households 588 3,127 7,127 2+ Unrelated people 158 990 2,249 Total Households 2,903 18,404 40,013 Family Households Married-couple family With own No own Male Householder: no wife present With own No own Female Householder: no husband present With own No own Nonfamily Households 1 Person households 2+ Unrelated people 74% 78% 77% 61% 64% 62% 25% 30% 29% 36% 34% 33% 4% 4% 4% 2% 2% 2% 2% 2% 2% 9% 10% 10% 4% 5% 6% 4% 4% 4% 26% 22% 23% 20% 17% 18% 5% 5% 6% Page 11 Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
Households by Household Income (2015 Estimate) Less than $25,000 293 2,137 4,632 $25,000 to $49,999 678 3,564 7,947 $50,000 to $74,999 442 3,458 8,083 $75,000 to $99,999 420 3,079 6,411 $100,000 to $124,999 340 2,555 5,032 $125,000 to $149,999 337 1,403 3,007 $150,000 to $199,999 193 1,127 2,672 $200,000 or more 200 1,081 2,229 Total Households 2,903 18,404 40,013 Average Household Income $96,373.42 $87,407.34 $87,037.54 Median Household Income $85,066.18 $82,785.43 $82,982.23 Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 10% 12% 12% 23% 19% 20% 15% 19% 20% 14% 17% 16% 12% 14% 13% 12% 8% 8% 7% 6% 7% 7% 6% 6% Households by Household Income (2020 Projection) Less than $25,000 342 2,457 5,274 $25,000 to $49,999 792 4,095 9,045 $50,000 to $74,999 512 3,938 9,178 $75,000 to $99,999 488 3,535 7,313 $100,000 to $124,999 398 2,922 5,704 $125,000 to $149,999 394 1,610 3,413 $150,000 to $199,999 226 1,291 3,017 $200,000 or more 235 1,214 2,484 Total Households 3,387 21,062 45,428 Average Household Income $92,132.40 $86,336.26 $86,603.65 Median Household Income $89,236.32 $86,727.19 $86,740.33 Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 10% 12% 12% 23% 19% 20% 15% 19% 20% 14% 17% 16% 12% 14% 13% 12% 8% 8% 7% 6% 7% 7% 6% 5% Per Capita Income 2015 Estimate $36,274.25 $31,333.29 $31,207.65 Unemployment Rate 2015 Estimate 1.7% 1.91% 2.54% Page 12 Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
Population Age 16+ By Employment Status (2015 Estimate) Labor Force 3,894 27,118 60,310 Civilian, Employed 3,838 26,675 58,950 Civilian, Unemployed 56 443 1,360 Not in Labor Force 2,417 16,005 33,521 Total Population Age 16+ 6,311 43,123 93,831 Labor Force Civilian, Employed Civilian, Unemployed Not in Labor Force 62% 63% 64% 61% 62% 63% 1% 1% 1% 38% 37% 36% Employed Civilian Population Age 16+ by Industry (2015 Estimate) Agriculture, forestry, fishing and hunting, mining and 93 1,876 3,661 construction Manufacturing 209 1,276 3,332 Wholesale & retail trade 530 4,114 9,809 Transportation and warehousing, and 144 1,279 2,494 utilities Information 87 674 1,574 Finance, insurance, real estate and 344 2,758 5,967 rental and leasing Professional, scientific, and 530 3,700 8,452 technical services Educational, health and social services 873 6,871 14,747 Arts, entertainment, recreation, accommodation and 307 1,655 4,422 food services Other services (except public 425 1,885 4,319 administration) Public Administration 126 1,072 2,949 Total Employed Civilian Population Age 16+ 3,668 27,160 61,726 Agriculture, forestry, fishing and hunting, mining and construction Manufacturing Wholesale & retail trade Transportation and warehousing, and utilities Information Finance, insurance, real estate and rental and leasing Professional, scientific, and technical services Educational, health and social services Arts, entertainment, recreation, accommodation and food services Other services (except public administration) Public Administration 3% 7% 6% 6% 5% 5% 14% 15% 16% 4% 5% 4% 2% 2% 3% 9% 10% 10% 14% 14% 14% 24% 25% 24% 8% 6% 7% 12% 7% 7% 3% 4% 5% Housing Units by Tenure (2015 Estimate) Vacant Housing Units 222 1,105 2,539 Occupied Housing Units 2,903 18,404 40,013 Owner- Occupied 2,474 15,354 31,956 Renter- Occupied 429 3,050 8,057 Total Housing Units 3,125 19,509 42,552 Vacant Housing Units Occupied Housing Units Owner- Occupied Renter- Occupied 7% 6% 6% 93% 94% 94% 79% 79% 75% 14% 16% 19% Copyright Florida Gulfcoast Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. Page 13