Port Richey, Florida Commercial Real Estate 9 Listings

Port Richey, Florida: A Premier Destination for Commercial Real Estate

Introduction

Port Richey, Florida, is emerging as a vibrant hub for commercial real estate (CRE) investment. Nestled along the Gulf Coast in Pasco County, this city offers a dynamic economic landscape and strategic location that appeals to a diverse range of industries. With a population of approximately 3,000, Port Richey may be small in size, but its economic potential is substantial. The city's economy is buoyed by sectors such as healthcare, retail, and tourism, making it a promising destination for CRE development.

Economic and Industry Overview

Port Richey’s economy is largely driven by its healthcare and retail sectors, catering to both local residents and the surrounding areas. The presence of medical facilities and clinics has spurred demand for office spaces, while the retail sector thrives due to tourism and local shopping. The city is part of the Tampa Bay Regional Planning Council's initiatives, which aim to enhance economic development and infrastructure in the area, further driving demand for commercial properties.

Strategic Location and Transportation Infrastructure

Port Richey boasts a strategic location with easy access to major transportation routes. U.S. Highway 19 runs directly through the city, providing north-south connectivity and facilitating efficient logistics operations. Additionally, the proximity to Tampa International Airport, located approximately 35 miles to the south, and the Port of Tampa Bay offers significant advantages for businesses relying on air and sea freight. These logistical benefits make Port Richey an attractive location for distribution centers and companies seeking access to labor pools and coastal markets.

For more information, visit the Florida Department of Transportation and the Port Tampa Bay.

Commercial Real Estate Inventory & Zoning

Port Richey's commercial real estate market is characterized by a mix of retail centers, office spaces, and industrial properties. The city's zoning regulations support diverse CRE development, with specific areas designated for commercial, industrial, and mixed-use projects. Recent zoning changes have introduced incentives for developers, including reduced permitting fees and expedited review processes. The city's zoning maps and parcel viewers are accessible via the City of Port Richey Planning and Zoning Department.

Major Employers and Institutions

The presence of major employers in Port Richey, such as BayCare Health System and Walmart, underscores the city's economic vitality. These institutions not only provide significant employment opportunities but also drive demand for commercial real estate. Additionally, the city benefits from proximity to educational and research institutions in the greater Tampa Bay area, further enhancing its appeal for businesses seeking skilled labor and collaborative opportunities.

Explore the Pasco Economic Development Council for more information.

Notable Commercial Developments & Projects

Port Richey is witnessing several large-scale development projects aimed at enhancing its commercial landscape. The redevelopment of waterfront areas and the introduction of mixed-use projects are transforming the city into an attractive destination for businesses and investors. Opportunity Zones within the city offer additional incentives for development, encouraging public-private partnerships and fostering economic growth.

For detailed planning information, visit the City of Port Richey Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Port Richey provides various resources for builders and developers. Access key tools through the following links: - City of Port Richey Building Department - Permitting Portal - Parcel Map Viewer / GIS - Planning Commission - Development Code

Market Data & Economic Reports

Port Richey offers valuable market data and economic reports accessible via public datasets such as Census.gov and the city's open data portal. Brevitas uses AI-powered aggregation from these public sources and internal insights to provide comprehensive market analysis and real-time data.

Explore Brevitas-powered dashboards for Port Richey to gain deeper insights into the city's commercial real estate market.

Why Use Brevitas for Port Richey, Florida CRE?

Brevitas stands as a leading platform for commercial real estate discovery in Port Richey, Florida. Leveraging AI-driven technology, Brevitas offers: - Real-time market alerts tailored to your interests - Smart property pages for detailed asset evaluation - Seamless dealroom collaboration with brokers and developers - Auto-generated listing pages for enhanced visibility - Email and landing page tools for effective marketing - Exclusive listings for premium exposure