12501 Old Lakeland Hwy Dade City, FL 33525
This exceptional 4.96-acre commercial/industrial land parcel presents a compelling investment opportunity in Dade City, Florida. Located on Old Lakeland Highway, this property boasts 205 feet of highway frontage and is situated adjacent to a 1,136-home residential development, ensuring high visibility and potential for significant foot traffic. The property is zoned C-3 Commercial/Light Manufacturing, allowing for a diverse range of uses, including but not limited to: light manufacturing, warehousing and distribution, office space, research labs, schools, restaurants, retail establishments, financial institutions, and more. The future land use designation is IL (Industrial - Light), further expanding potential uses to encompass office buildings, light industrial facilities, research and corporate parks, warehouses, and supporting retail/commercial ventures such as restaurants, banks, daycare centers, dry cleaners, hotels/motels, and service stations. The seller is actively pursuing annexation of the property into the Dade City limits, enhancing its value and appeal. Furthermore, there's potential for an additional 2.8 acres of adjacent land, offering expansion possibilities. The seller is open to considering both outright sale and long-term lease options, providing flexibility for prospective buyers and tenants. This prime location and versatile zoning make this property an ideal choice for businesses seeking a strategic foothold in a rapidly growing area. The property's address is 12501 Old Lakeland Hwy, Dade City, FL 33525, and is located in Pasco County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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