10651 Old Lakeland Hwy Dade City, FL 33525
For Sale
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This expansive 21.62-acre parcel in Dade City, Florida, offers 941,767 square feet of industrial land for sale at $5,950,000 ($0.55/sq ft). The property is currently vacant and available for a triple net (NNN) lease. The land is zoned to allow for a variety of uses, including light industrial, agricultural, and commercial development. Potential uses range from warehouses and distribution centers to retail establishments, restaurants, and office spaces. The site boasts a prime location on Old Lakeland Highway with convenient access to Townsend Road, ensuring high visibility and accessibility. Existing improvements include a 3,500-square-foot home and a 2,520-square-foot pole barn, adding versatility to the property. Utilities such as electricity, gas, well, and septic are readily available. The property is cleared and features a square layout, ideal for development. Building height is approved for up to 60 feet or three stories. The location benefits from proximity to major highways (US 98 and I-4 in Tampa) and a variety of amenities. Seller financing is available. A ground lease option is also available for up to 100 years at $0.42 per square foot. The property's strategic location within the growing Tampa Bay area, combined with its versatility and existing infrastructure, presents a compelling investment opportunity for developers and businesses seeking to capitalize on Dade City's economic momentum. The property is suitable for a wide range of uses, including those mentioned in the marketing materials.
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.