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    Freestanding Building on Highway 301 Title is generated by Realmo AI

    10405 US-301, Dade City, FL 33525

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    1,513 SF building on 9,173 SF lot with high visibility.

    Type:Retail
    Property size:
    1,513 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $131/SF
    Added:
    May 14, 2019
    Days on Market:
    2584
    Last Refresh:
    May 19 at 9:31 pm

    Property Features for 10405 US-301

    General Information

    Standard status
    Active
    Size
    1,513 SF
    Lot size
    0.21 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1957

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    Listing Contact
    Michael Braccia

    Listing agent Michael Braccia License #FL SL3033512

    Listing office BayStreet Commercial

    Listing date May 14, 2019

    Source Crexi

    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 BayStreet Commercial

    HighLights

    • High traffic count (over 30,000 VPD) on Hwy 301
    • C2 zoning allows for a variety of retail businesses
    • Freestanding building with great visibility
    • Located between Dade City and Zephyrhills
    • Includes a small office, rear storage room, and open canopy area
    • Former home of Hillside Auto Sales, suitable for a car lot

    Overview

    This 1,513 SF freestanding building is situated on a 9,173 SF lot zoned C2. Located on busy Highway 301 between Dade City and Zephyrhills, the property formerly housed Hillside Auto Sales. The building includes a small front office, a rear storage room, and an open canopy area suitable for car sales. Benefiting from high visibility and a traffic count exceeding 30,000 vehicles per day, the location is suitable for another car lot or various other retail businesses.

    Local Financial Insights For Specialty 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 $23.6k $15.60
    − Vacancy −$1.2k −$0.78
    EGI $22.4k $14.82
    − OpEx −$5.6k −$3.70
    NOI $16.8k $11.11
    1,513 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $240.2K
    $210.2K – $280.3K (±1% cap)
    NOI $16,817 @ 7.0% cap · market cap 8.45%
    Second Best
    Retail
    $212.2K
    $185.7K – $247.6K (±1% cap)
    NOI $14,854 @ 7.0% cap · market cap 7.46%
    Theoretical Best
    Office A
    $344.7K
    $301.6K – $402.1K (±1% cap)
    NOI $24,126 @ 7.0% cap · market cap 12.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dade City
    County
    Pasco
    State
    Florida
    Longitude
    -82.1881217
    Latitude
    28.308963

    FAQs

    What type of property is this?
    Car wash - 1,513 SF building on 9,173 SF lot with high visibility.
    Where is this car wash located?
    The property is located at 10405 US-301 Dade City, FL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: High traffic count (over 30,000 VPD) on Hwy 301; C2 zoning allows for a variety of retail businesses; Freestanding building with great visibility
    More about this property
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