Restaurant Building with Mezzanine
New
For Sale
$699,000
14946 US Highway 301 Dade, Dade City, FL 33523
An established food-service layout includes outdoor seating and on-site parking at a signalized intersection.
Property Size5,288 SF
Lot Size0.84 Acres
Days on Market3
Property Features for 14946 US Highway 301 Dade
General Information
Standard status
Active
Size
5,288 SF
Total Parking Spaces
25
Lot size
0.84 Acres
Property subtype
Retail
Site & Location
Frontage
203 ft
Highway Access
Yes
Road Access
Yes
Additional Details
Patio
Yes
Amenities
mezzanine dining area
Building Details
Building Size
5,288 SF
Listing Agency:
Nye Commercial Advisors
Listed By:
Brent Nye · License #SL3025522
(813) 997-3333
Source:
Nyecommercial
Added: Oct 30
Last Checked: Nov 1 at 4:01AM
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 Nye Commercial Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Configured for restaurant use, the property includes existing food-service improvements, a mezzanine dining area, and an outdoor patio. The site encompasses approximately 0.84 acres and provides 25 reported parking spaces.
At the signalized intersection of US Highway 301 and Lock Street, the property has approximately 203 feet of frontage along US Highway 301. It is situated just north of downtown Dade City.
At the signalized intersection of US Highway 301 and Lock Street, the property has approximately 203 feet of frontage along US Highway 301. It is situated just north of downtown Dade City.
Key Highlights
- Restaurant improvements include a mezzanine dining area and outdoor patio
- Approximately 0.84‑acre site with 25 reported parking spaces
- Approximately 203 feet of frontage on US Highway 301
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,776
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,520
$1.2M
Cap Rate 7%
$839,657
$839.7K
Cap Rate 9%
$653,067
$653.1K
Market Conditions
NOI Build-Up for 5,288 SF
Gross rent
$82.5K $15.60/SF
− Vacancy
−$4.1K −$0.78/SF
EGI
$78.4K $14.82/SF
− OpEx
−$19.6K −$3.70/SF
NOI
$58.8K $11.11/SF
Area
Pasco County, FL
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,520
Cap Rate 7%
$839,657
Cap Rate 9%
$653,067
Alternative Uses
Best Use
Specialty Retail
$839.7K
$734.7K – $979.6K
NOI $58,776 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,320 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An established food-service layout includes outdoor seating and on-site parking at a signalized intersection.
Where is this conventional restaurant located?
The property is located at 14946 US Highway 301 Dade 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: Restaurant improvements include a mezzanine dining area and outdoor patio; Approximately 0.84‑acre site with 25 reported parking spaces; Approximately 203 feet of frontage on US Highway 301
