Versatile Commercial Property on Highway
10221 US HIGHWAY 301, Dade City, FL 33525
Mixed-use property with high visibility and flexible space configurations.
Type:Commercial
Property size:
4,900 SFLot size:
1.00 AcrePrice / SF:
$141/SF- Added:
- May 19, 2026
- Days on Market:
- 10
- Last Refresh:
- May 19 at 8:01 am
Property Features for 10221 US HIGHWAY 301
General Information
- Standard status
- Active
- Size
- 4,900 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1973
Listing agent William Bingham (813) 713-3974
Listing office (813) 713-3974
Listing date May 19, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of William Bingham
HighLights
- High visibility with direct US Highway 301 frontage and prominent monument signage.
- Versatile mixed‑use space including office, retail/showroom, and warehouse areas.
- Convenient access with a full‑access median cut for both northbound and southbound traffic.
- Flexible space configurations suitable for owner‑users, contractors, service companies, or investors.
- Warehouse/service bay space with roll‑up doors, storage areas, and fenced yard.
- Ample parking and established roadside presence in a growing commercial corridor.
Overview
This commercial property is located along US Highway 301 between Dade City and Zephyrhills. It offers visibility, accessibility, and functionality for various business uses. The property benefits from US 301 frontage with a full-access median cut, allowing northbound and southbound access, along with monument signage. The site features a mix of office, retail/showroom, and warehouse space, making it suitable for owner-users, contractors, service companies, trade businesses, or investors seeking flexible commercial space. The front building includes finished office and customer-facing areas configured with reception, private offices, salon-style work areas, breakroom facilities, and multiple workspaces adaptable for professional office, retail, medical, or service-oriented uses. The rear includes warehouse/service bay space with roll-up doors, storage areas, and fenced yard components suitable for equipment storage, contractor operations, fleet parking, or light industrial use. The layout provides operational flexibility with separate work areas and multiple points of access. Constructed of concrete block with approximately 4,900 square feet situated on approximately 1 acre, the property offers parking, visibility, and room for commercial applications. Additional features include asphalt driveway access, chain-link fencing, canopy area, and roadside presence in East Pasco County’s commercial corridors.
Financial Insights
Value Estimation Calculated for Mixed Use
Conservative
$676.2K
NOI $60,858 @ 9.00% cap · cautious / downside scenario
Moderate
$869.4K
NOI $60,858 @ 7.00% cap · market / base-case scenario
Aggressive
$1.22M
NOI $60,858 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Mixed Use
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.8k | $21.60 |
| − Vacancy | −$8.5k | −$1.73 |
| EGI | $97.4k | $19.87 |
| − OpEx | −$36.5k | −$7.45 |
| NOI | $60.9k | $12.42 |
4,900 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Use Scenarios
Best Use
Mixed Use
$869.4K
$760.7K – $1.01M
NOI $60,858 @ 7.0% cap · market cap 8.76%
Second Best
Retail
$687.2K
$601.3K – $801.8K
NOI $48,106 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$1.12M
$976.7K – $1.30M
NOI $78,133 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Dade City
- County
- Pasco
- State
- Florida
- Longitude
- -82.1885206
- Latitude
- 28.3063518
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with high visibility and flexible space configurations.
Where is this mixed-use property located?
The property is located at 10221 US HIGHWAY 301 Dade City, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: High visibility with direct US Highway 301 frontage and prominent monument signage.; Versatile mixed‑use space including office, retail/showroom, and warehouse areas.; Convenient access with a full‑access median cut for both northbound and southbound traffic.
