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Property profile & analytics
FOR SALE
Distribution centers

10651 Old Lakeland Hwy Dade City, FL 33525

941,767 SF 21.62 ac lot
Property ID
US18-5830558
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Total area 941,767 SF
Lot 21.62 ac (941,767 SF)
UPID US18-5830558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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