16135 Us-301 Dade City, FL 33523
This exceptional investment opportunity presents a 2,400-square-foot Amoco gas station situated on a 2.11-acre lot in Dade City, Florida, at 16135 US-301, zip code 33523. The property boasts a 20-year absolute NNN lease with a built-in 10% rent increase every five years, ensuring consistent income growth. The single-tenant building, constructed in 1977 and renovated in 1988, enjoys 100% occupancy and generates a substantial net operating income (NOI) of $264,375, representing a 7.50% cap rate. The asking price is $3,525,000, translating to $1,468.75 per square foot. The property benefits from its strategic location on US Route 301, a high-traffic area with over 22,500 vehicles per day, approximately 40 miles northeast of Tampa and 60 miles west of Orlando. The lease includes two, five-year renewal options. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.