Corner Retail
For Sale
$385,000
12152 FORT KING RD, Dade City, FL 33525
C-1 zoning supports neighborhood-oriented commercial uses, subject to local requirements.
Property Size1,573 SF
Lot Size0.29 Acres
Price / SF$334.20
Days on Market8
Property Features for 12152 FORT KING RD
General Information
Standard status
Active
Size
1,573 SF
Lot size
0.29 Acres
Property subtype
Retail
Zoning
C-1
Site & Location
Corner Location
Yes
Traffic Count
11,300 vehicles/day
Additional Details
Asking Price
$385,000
Taxes and HOA fees
Annual Taxes
$1,409
Amenities
covered front porch
rear screened porch
fenced outdoor area
detached storage shed
covered outdoor work area
Building Details
Building Size
1,573 SF
Year Built
1952
Stories
1
Construction
concrete block
Listing Agency:
FIRST QUALITY PROPERTIES
Listed By:
Mark Cravens · License #BK475726
(813) 361-0399
Source:
Kingofrealestate
Added: Oct 21
Changed: Oct 26
Last Checked: Oct 26 at 3:27PM
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 FIRST QUALITY PROPERTIES
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Investment Insights
Based on property information with market context.
This single-story, concrete block retail property contains approximately 1,152 square feet of primary building area. Its interior includes three private offices, a reception and waiting area, two storage rooms, a full bathroom, a half bathroom, a kitchen, and a break area. Vinyl plank flooring runs throughout, and the interior has been freshly painted. A covered front porch, screened rear porch, fenced outdoor area, detached storage shed, and covered work area add to the property’s physical configuration. Built in 1952, the building sits on a 0.29-acre corner lot in Dade City.
The property fronts Fort King Road, which carries approximately 11,300 vehicles daily according to 2025 FDOT traffic data. C-1 Neighborhood Commercial zoning allows neighborhood-oriented retail, professional offices, personal services, and other uses permitted under applicable local requirements. Signage and use remain subject to those requirements.
The property fronts Fort King Road, which carries approximately 11,300 vehicles daily according to 2025 FDOT traffic data. C-1 Neighborhood Commercial zoning allows neighborhood-oriented retail, professional offices, personal services, and other uses permitted under applicable local requirements. Signage and use remain subject to those requirements.
Key Highlights
- C‑1 Neighborhood Commercial zoning
- Approximately 1,152 square feet of primary building area on a 0.29‑acre corner lot
- Single‑story concrete block building constructed in 1952
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,310
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,200
$226.2K
Cap Rate 7%
$161,571
$161.6K
Cap Rate 9%
$125,667
$125.7K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$17.3K $15.00/SF
− Vacancy
−$1.1K −$0.98/SF
EGI
$16.2K $14.03/SF
− OpEx
−$4.8K −$4.21/SF
NOI
$11.3K $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 Rate 5%
$226,200
Cap Rate 7%
$161,571
Cap Rate 9%
$125,667
Alternative Uses
Best Use
Retail
$161.6K
$141.4K – $188.5K
NOI $11,310 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$262.4K
$229.6K – $306.2K
NOI $18,369 @ 7.0% cap · market cap 4.77%
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
Open Analytics
Current Use
Lease Details
11,300 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
72
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-1 zoning supports neighborhood-oriented commercial uses, subject to local requirements.
Where is this retail space located?
The property is located at 12152 FORT KING RD Dade City, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: C‑1 Neighborhood Commercial zoning; Approximately 1,152 square feet of primary building area on a 0.29‑acre corner lot; Single‑story concrete block building constructed in 1952
