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    37828 Ste A Sky Rdg Cir Dade City, FL 33525

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    Sponsored
    For Lease
    $2,916 /Mo ($10 SF/Yr)

    Warehouse - DADE CITY, FL

    Type:Single Family Residence
    Property size:
    3,500 SF
    Days on Market:
    2
    Last Refresh:
    Mar 5 at 8:06 am

    Property Features for 37828 Ste A Sky Rdg Cir

    General Information

    Property type
    Commercial Lease
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    C2
    APN
    22-25-21-0010-11200-0030
    Size
    3,500 SF

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1999
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Nicole Tucci
    Nicole Tucci

    Century 21 Prime Property Resources Inc (352) 793-6911

    Listing agent Nicole Tucci (352) 793-6911 License #3302455

    Listing date Mar 4, 2026

    MLS# G5108960 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Flex Space in Dade City

    Located at 37828 Suite A, Sky Ridge Circle in Dade City, Florida, this 3,500-square-foot flex space is available for lease. The property is situated just off US 301, north of Zephyrhills, providing accessibility and exposure with approximately 23,000 vehicles per day on the corridor. The space features an open warehouse or shop area with three 11’ x 11’ roll-up doors and two front-facing entry doors, facilitating loading, circulation, and customer access. A small enclosed office or reception area with window A/C is located at the front of the unit, separating administrative and operational functions. The unit includes one restroom, with plumbing in place for a second. The building is equipped with insulated ceilings and walls, LED lighting, skylights, a large exhaust fan, and three-phase power. HVAC ductwork is present in a portion of the space, suggesting previous full air conditioning. Zoned C2 per Pasco County GIS, the property accommodates various commercial and light industrial uses, including auto body and painting, contractor office and storage, equipment repair, dry cleaning, warehousing, retail, showroom, and general commercial applications. Signage is available on the complex pylon sign, enhancing visibility along US 301. This property is suitable for contractors, service providers, automotive businesses, showroom operators, or warehouse-based businesses seeking a Pasco County location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Dade City
    County
    Pasco
    State
    Florida
    Longitude
    -82.189125
    Latitude
    28.290793

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    FAQs

    What type of property is this?
    Flex space - 3,500 SF flex space with roll-up doors and C2 zoning.
    Where is this flex space located?
    The property is located at 37828 Ste A Sky Rdg Cir Dade City, FL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Versatile 3,500 sq ft flex space with three 11’ x 11’ roll-up doors and two front entry doors.; - Zoned C2, allowing for a wide range of businesses.; - Excellent accessibility and high visibility on US 301 with approximately 23,000 vehicles per day.
    (352) 457-0330
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    37828 Ste A Sky Rdg Cir Dade City, FL 33525
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    Dade City, FL 33525
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    37828 Ste A Sky Rdg Cir Dade City, FL 33525
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    We can help!
    Listing Contact
    Nicole Tucci
    Nicole Tucci
    Real Estate License ID: 3302455
    (352) 457-0330 (352) 793-6911
    Learn more
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