Storefront Property at Highway
For Sale
$1,500,000
5273 TREIMAN Boulevard, Dade City, FL 33523
Commercial Sale, DADE CITY, FL
Property Size4,860 SF
Lot Size1.12 Acres
Price / SF$308.64
Days on Market201
Property Features for 5273 TREIMAN Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Accessibility
Accessible Approach with Ramp
Subdivision
RIDGE MANOR FARMS
Lot features
Near Public Transit, Paved
Directions
Highway 50 to Highway 301. North 1oo ft. Property will be on our left.
Standard status
Active
APN
R02-123-21-0940-0000-0020
Size
4,860 SF
Lot size
1.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RIDGE MANOR FARMS UNIT 1 LOT 2 LESS N 52.40 FT AND LESS S 80.40 FT
Tax Annual Amount
6081
Legal Description
RIDGE MANOR FARMS UNIT 1 LOT 2 LESS N 52.40 FT AND LESS S 80.40 FT
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Block
Listing Agency:
DENNIS REALTY & INV. CORP.
(813) 949-7444
Listed By:
John Pinta · License #535339
(813) 390-4918
Added: Feb 3
Changed: Aug 19
Last Checked: Aug 23 at 5:06PM
MLS# TB8472018
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,860-square-foot storefront property sits on a 1.12-acre parcel and was built in 1950. The building features block construction, concrete flooring, central air conditioning, and electric heating. An accessible approach with ramp supports entry, while available electricity, public water, and a septic tank serve the property.
The site is positioned at the intersection of Highway 301 and Highway 50, with approximately 25,000 cars passing daily. The property address is 5273 Treiman Boulevard, Dade City, Florida 33523.
The site is positioned at the intersection of Highway 301 and Highway 50, with approximately 25,000 cars passing daily. The property address is 5273 Treiman Boulevard, Dade City, Florida 33523.
Key Highlights
- 4,860‑square‑foot storefront building on 1.12 acres
- At the intersection of Highway 301 and Highway 50
- Approximately 25,000 cars pass by per day
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,713
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$954,260
$954.3K
Cap Rate 7%
$681,614
$681.6K
Cap Rate 9%
$530,144
$530.1K
Market Conditions
NOI Build-Up for 4,860 SF
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.
Gross rent
$72.9K $15.00/SF
− Vacancy
−$4.7K −$0.98/SF
EGI
$68.2K $14.03/SF
− OpEx
−$20.4K −$4.21/SF
NOI
$47.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$954,260
Cap Rate 7%
$681,614
Cap Rate 9%
$530,144
Alternative Uses
Best Use
Retail
$681.6K
$596.4K – $795.2K
NOI $47,713 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$968.7K – $1.29M
NOI $77,496 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
25,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
25,416 visits/mo
0.1 miles
Dollar General
Shops & Services
5,340 visits/mo
0.3 miles
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Concrete-floored commercial space with central air, electric heat, and ramp access.
Where is this storefront property located?
The property is located at 5273 TREIMAN Boulevard Dade City, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,860‑square‑foot storefront building on 1.12 acres; At the intersection of Highway 301 and Highway 50; Approximately 25,000 cars pass by per day
