Storefront with Walk-In
For Sale
$699,000
5025 TREIMAN Boulevard, Dade City, FL 33523
Commercial Sale, DADE CITY, FL
Property Size2,060 SF
Lot Size1.80 Acres
Price / SF$339.32
Days on Market228
Property Features for 5025 TREIMAN Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Window features
Display Window(s)
Appliances
Microwave, Refrigerator
Subdivision
RIDGE MANOR COMM
Lot features
Near Golf Course, Rural, Street Lights
Directions
FROM SR 50 (CORTEZ HWY), SOUTH ON HWY 301 (TREIMAN BLVD)
Standard status
Active
APN
R11-123-21-0810-00A0-0140
Size
2,060 SF
Lot size
1.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RIDGE MANOR COMM UNIT 1 BLK A LOT 14, ALSO INCLUDED IS LOT 13, LOT 12, & LOT 11 FOR A TOATL OF 1.80 ACRES OF COMMERCIAL ZONING
Tax Annual Amount
2382
Legal Description
RIDGE MANOR COMM UNIT 1 BLK A LOT 14, ALSO INCLUDED IS LOT 13, LOT 12, & LOT 11 FOR A TOATL OF 1.80 ACRES OF COMMERCIAL ZONING
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
M/F bathrooms
large office space with closet and bathroom
walk-in cooler
interior storage space
Building Details
Year built
1960
Number of units
1
Flooring type
Concrete
Building materials
Block
Roof type
Membrane
Listing Agency:
ELITE BROKERS, LLC
Listed By:
Greg DeLaRue · License #3244582
(813) 312-3063
Added: Jan 20
Changed: Aug 26
Last Checked: Sep 5 at 12:06AM
MLS# TB8464780
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.
Investment Insights
Based on property information with market context.
This 2,060-square-foot storefront property was built in 1960 with concrete-block construction on a slab foundation. The interior includes a large office with its own closet and bathroom, separate men’s and women’s restrooms, interior storage, and a walk-in cooler. Concrete flooring, central heating, central air, a membrane roof, microwave, and refrigerator are included. The roof and HVAC system are approximately 10 years old.
The offering includes four commercially zoned lots totaling 1.80 acres under C1 zoning. Public water and septic service support the property. A beer/wine package license is included if needed; the offering does not include a liquor or spirits license.
The offering includes four commercially zoned lots totaling 1.80 acres under C1 zoning. Public water and septic service support the property. A beer/wine package license is included if needed; the offering does not include a liquor or spirits license.
Key Highlights
- 2,060‑square‑foot storefront on four commercially zoned lots
- Combined land area totals 1.80 acres
- C1 zoning applies to all four lots
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,224
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$404,480
$404.5K
Cap Rate 7%
$288,914
$288.9K
Cap Rate 9%
$224,711
$224.7K
Market Conditions
NOI Build-Up for 2,060 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.9K $15.00/SF
− Vacancy
−$2.0K −$0.98/SF
EGI
$28.9K $14.03/SF
− OpEx
−$8.7K −$4.21/SF
NOI
$20.2K $9.82/SF
Area
Pasco County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$404,480
Cap Rate 7%
$288,914
Cap Rate 9%
$224,711
Alternative Uses
Best Use
Retail
$288.9K
$252.8K – $337.1K
NOI $20,224 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$469.3K
$410.6K – $547.5K
NOI $32,848 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
25,416 visits/mo
0.4 miles
Dollar General
Shops & Services
5,340 visits/mo
0.3 miles
Demographics for 33523, FL
18,540
Population
8,132
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
83%
High-School Grad
105.4 sq mi
ZIP Area
176
Density / Sq Mi
$60,897
Median Household Income
$35,283
Median Earnings
$1,020
Median Rent
$231,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Commercially zoned storefront with office space, separate restrooms, storage, and a walk-in cooler.
Where is this storefront property located?
The property is located at 5025 TREIMAN Boulevard Dade City, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,060‑square‑foot storefront on four commercially zoned lots; Combined land area totals 1.80 acres; C1 zoning applies to all four lots
