Corner-Lot Office and Retail
13924 7TH St Dade City, FL 33525
13924 7TH St, Dade City, FL, 33525
$999,900
For Sale
$999,900
Two connected office buildings with shared canopy sit on a corner lot with about 200 feet of road frontage and ample parking.
Property Size4,534 SF
Price / SF$220.53
Days on Market113
Property Features for 13924 7TH St
General Information
- Standard status
- Active
- Size
- 4,534 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agency
KING & ASSOCIATES REAL ESTATE LLC
(813) 376-3743
Listed by
Robyn Crist · License #3382548
(813) 376-3743
Source
Elliman
Added: Mar 31 Updated: Jul 21 at 6:52AM Checked: Jul 21 at 6:52AM
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 KING & ASSOCIATES REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This corner-lot commercial property includes two separate office buildings totaling 4,534 square feet, connected by a common canopy. The first building features a lobby, a dedicated conference area, six private offices, a break room with kitchen, two bathrooms, and generous storage. It also retains an original bank vault. The second building offers an open lobby/reception area, a private office, a full kitchen, and two bathrooms.
The property provides approximately 200 feet of 7th Street road frontage and includes on-site parking for 50 vehicles. The building is zoned RIO and positioned in a business district with high visibility and easy access.
Overall, the layout supports office-focused operations while also allowing flexible use of the second building’s reception and kitchen configuration.
The property provides approximately 200 feet of 7th Street road frontage and includes on-site parking for 50 vehicles. The building is zoned RIO and positioned in a business district with high visibility and easy access.
Overall, the layout supports office-focused operations while also allowing flexible use of the second building’s reception and kitchen configuration.
Key Highlights
- Corner‑lot commercial building in Dade City with about 200 ft of 7th Street road frontage
- Two separate office buildings totaling 4,534 sq ft, connected by a common canopy for shared access
- 50 on‑site parking spaces
Local Financial Insights For Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.0k | $15.00 |
| − Vacancy | −$4.4k | −$0.98 |
| EGI | $63.6k | $14.03 |
| − OpEx | −$19.1k | −$4.21 |
| NOI | $44.5k | $9.82 |
4,534 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$635.9K
$556.4K – $741.9K
NOI $44,513 @ 7.0% cap · market cap 4.45%
Second Best
Office B
$437.1K
$382.5K – $509.9K
NOI $30,596 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.03M
$903.7K – $1.20M
NOI $72,297 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Diamondhead Properties
Apartment Building
General Home Development ...
Construction Company
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FAQs
What type of property is this?
Office building - Two connected office buildings with shared canopy sit on a corner lot with about 200 feet of road frontage and ample parking.
Where is this office building located?
The property is located at 13924 7TH St Dade City, FL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Corner‑lot commercial building in Dade City with about 200 ft of 7th Street road frontage; Two separate office buildings totaling 4,534 sq ft, connected by a common canopy for shared access; 50 on‑site parking spaces
