Retail Building with Fenced
9429 Old Lakeland Hwy Dade City, FL 33525
For Sale
Contact for pricing
Retail building with 300' of frontage and a large paved, fully fenced yard with lighting.
Property Size4,801 SF
Price / SF$156.22
Days on Market20
Property Features for 9429 Old Lakeland Hwy
General Information
Standard status
Active
Size
4,801 SF
Property subtype
RETAIL
Listing Agency:
NYE Commercial Advisors
(813) 997-3333
Listed By:
Brent Nye · License #SL3025522
(813) 997-3333
Source:
Moodyscre
Added: Jul 10
Changed: Jul 28
Last Checked: Jul 28 at 6:31AM
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
Investment Insights
Based on property information with market context.
This retail building offers approximately 4,801 square feet and includes substantial outdoor space for tenant use. The property features a large paved parking and yard area and is fully fenced with 6' fencing, barbed wire, a dust screen, and a light post.
The site provides about 300 feet of frontage and is configured for convenient on-site vehicle access. An adjoining 2.62 acres are available for purchase, offering an expansion option if more yard or operational space is needed.
The building and fenced yard together create a practical setup for retail users that benefit from dedicated, secure outdoor area.
The site provides about 300 feet of frontage and is configured for convenient on-site vehicle access. An adjoining 2.62 acres are available for purchase, offering an expansion option if more yard or operational space is needed.
The building and fenced yard together create a practical setup for retail users that benefit from dedicated, secure outdoor area.
Key Highlights
- 4,801 SF building
- 300' of frontage
- Large paved parking/yard area
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 | $72.0k | $15.00 |
| − Vacancy | −$4.7k | −$0.98 |
| EGI | $67.3k | $14.03 |
| − OpEx | −$20.2k | −$4.21 |
| NOI | $47.1k | $9.82 |
4,801 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$673.3K
$589.2K – $785.6K
NOI $47,134 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$956.9K – $1.28M
NOI $76,555 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail building with 300' of frontage and a large paved, fully fenced yard with lighting.
Where is this retail space located?
The property is located at 9429 Old Lakeland Hwy Dade City, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,801 SF building; 300' of frontage; Large paved parking/yard area
