New Commercial Building on Highway
For Sale
Contact for pricing
Pending
8037 Treiman Blvd, Webster, FL 33597
5,000 SF metal building on 1 acre near Dade City.
Property Size5,000 SF
Lot Size1.00 Acre
Days on Market1275
Property Features for 8037 Treiman Blvd
General Information
Standard status
Pending
Size
5,000 SF
Lot size
1.00 Acre
Property subtype
Industrial
Zoning
C1
Building Details
Year Built
2024
Buildings
1
Listing Agency:
Yellowtail Realty Advisors LLC
(813) 453-6616
Listed By:
Georgia Watson · License #FL BK3264151
Source:
Crexi
Added: Mar 6, 2023
Changed: Aug 8
Last Checked: Sep 1 at 3:05AM
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 Yellowtail Realty Advisors LLC
Investment Insights
Based on property information with market context.
Located at 8037 Treiman Blvd, Webster, FL, this commercial property features a new 5,000 square foot metal frame building on an approximately 1-acre lot. The property is strategically located on Highway 301, connecting Dade City/Zephyrhills and Ridge Manor. The building measures 50x100 feet, with 20-foot sidewalls and a 28-foot peak, offering a clear span. It includes a 10x15 foot roll-up door at the rear, a $10,000 rack system, 3-phase electrical service, two windows, and an ADA-compliant bathroom. Well and septic systems are in place. Additional features include underground power, security cameras, enabled wi-fi, and paved parking with four striped spaces, including one handicap space. A 200 feet fully paved access road circles the building, providing seamless deliveries and additional parking. Zoned C-1 under Hernando County authority, this property is suited for various commercial applications. The sellers spent three years on planning, permitting, and constructing this multi-use building.
Key Highlights
- Brand new 5,000 sq ft metal building on 1‑acre lot with HIGHWAY 301 FRONTAGE.
- Clear span interior (50x100 ft with 20‑foot sidewalls and 28‑foot peak) suitable for versatile commercial use.
- Zoned C‑1, ideal for various commercial applications.
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
$57,895
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
5.03%
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%
$1,157,900
$1.2M
Cap Rate 7%
$827,071
$827.1K
Cap Rate 9%
$643,278
$643.3K
Market Conditions
NOI Build-Up for 5,000 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
$72.0K $14.40/SF
− Vacancy
−$3.9K −$0.78/SF
EGI
$68.1K $13.62/SF
− OpEx
−$10.2K −$2.04/SF
NOI
$57.9K $11.58/SF
Area
Sumter County, FL
Vacancy
5.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
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%
$1,157,900
Cap Rate 7%
$827,071
Cap Rate 9%
$643,278
Alternative Uses
Best Use
Warehouse
$827.1K
$723.7K – $964.9K
NOI $57,895 @ 7.0% cap · market cap 5.03%
Second Best
Industrial
$681.1K
$596.0K – $794.6K
NOI $47,678 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,200 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33597, FL
8,028
Population
4,205
Households
1.9
Avg Household Size
45
Median Age
13%
College-Educated
85%
High-School Grad
154.4 sq mi
ZIP Area
52
Density / Sq Mi
$61,563
Median Household Income
$32,185
Median Earnings
$829
Median Rent
$214,500
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Warehouse - 5,000 SF metal building on 1 acre near Dade City.
Where is this warehouse located?
The property is located at 8037 Treiman Blvd Webster, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Brand new 5,000 sq ft metal building on 1‑acre lot with HIGHWAY 301 FRONTAGE.; Clear span interior (50x100 ft with 20‑foot sidewalls and 28‑foot peak) suitable for versatile commercial use.; Zoned C‑1, ideal for various commercial applications.
