Mixed-Use Property with Covered
For Sale
$695,000
10736 US HIGHWAY 301, Dade City, FL 33525
C-2 county zoning, dual US 301 access drives, and upgraded 200-amp electrical service support varied commercial configurations.
Property Size2,524 SF
Price / SF$275.36
Days on Market892
Property Features for 10736 US HIGHWAY 301
General Information
Standard status
Active
Size
2,524 SF
Total Parking Spaces
9
Property subtype
Mixed Use
Zoning
C2
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Real Estate Included
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$3,477
Amenities
covered parking
access drives
new roof
upgraded electric
RV service sites
Building Details
Building Size
2,524 SF
Year Built
1955
Buildings
1
Listing Agency:
EXECUTIVE REALTY & PROPERTY MANAGEMENT LLC
Listed By:
Charlie Fournier · License #3101181
(813) 778-4711
Source:
Cbaquaterrarealty
Added: May 20, 2024
Changed: Oct 26
Last Checked: Oct 26 at 3:30PM
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 EXECUTIVE REALTY & PROPERTY MANAGEMENT LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes a 2,524-square-foot refurbished house with a new roof and upgraded 200-amp electrical service. Covered areas accommodate five vehicles at the front and four at the rear, with more than 5,000 square feet of covered space overall. A six-foot chain-link fence encloses the property.
Two driveways connect the site to US 301. Two RV service sites have electric and water, along with a shared dump station. The property is in the county and zoned C-2. Potential uses noted for the site include a used-car lot, office, day care, and vehicle service or repair. The seller will consider a long-term lease.
Two driveways connect the site to US 301. Two RV service sites have electric and water, along with a shared dump station. The property is in the county and zoned C-2. Potential uses noted for the site include a used-car lot, office, day care, and vehicle service or repair. The seller will consider a long-term lease.
Key Highlights
- C‑2 zoning in the county
- Two access drives connect to US 301
- More than 5,000 square feet of covered space, including parking for 5 vehicles at the front and 4 at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,348
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,960
$627.0K
Cap Rate 7%
$447,829
$447.8K
Cap Rate 9%
$348,311
$348.3K
Market Conditions
NOI Build-Up for 2,524 SF
Gross rent
$54.5K $21.60/SF
− Vacancy
−$4.4K −$1.73/SF
EGI
$50.2K $19.87/SF
− OpEx
−$18.8K −$7.45/SF
NOI
$31.3K $12.42/SF
Area
Pasco County, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,960
Cap Rate 7%
$447,829
Cap Rate 9%
$348,311
Alternative Uses
Best Use
Mixed Use
$447.8K
$391.9K – $522.5K
NOI $31,348 @ 7.0% cap · market cap 4.51%
Second Best
Retail
$354.0K
$309.7K – $413.0K
NOI $24,779 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$575.0K
$503.1K – $670.8K
NOI $40,247 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 33525, FL
18,620
Population
8,700
Households
2.1
Avg Household Size
48
Median Age
28%
College-Educated
90%
High-School Grad
96.0 sq mi
ZIP Area
194
Density / Sq Mi
$69,697
Median Household Income
$42,178
Median Earnings
$1,045
Median Rent
$228,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-2 county zoning, dual US 301 access drives, and upgraded 200-amp electrical service support varied commercial configurations.
Where is this mixed-use property located?
The property is located at 10736 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: C‑2 zoning in the county; Two access drives connect to US 301; More than 5,000 square feet of covered space, including parking for 5 vehicles at the front and 4 at the rear
