12212 Ft King Rd, Dade City, FL 33525-5914
- Office buildings
- 2,400 SF
- 0.36 lot acres
Current Use by Public Records
- Small Blessing Academy / Daycare Center
- Blazing Stars Montessori School / High School / Daycare Center
Property Details for 12212 Ft King Rd
- Year built
- 1973
- Lot size
- 0.36 lot acres
- Zone code
- 00C1
- Property type
- Office buildings
- APN
- 03-25-21-004A-00800-0010
- APU
- 032521004A008000010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 11, 2023 | — | Himanisk 2 LLC | Dus Dost LLC | Quit Claim Deed · related | — |
| Dec 30, 2016 | $160,000 | Dus Dost LLC | Small Blessings Christian Dayc | Grant Deed | — |
| Jun 15, 2012 | $89,000 | Small Blessing Christian Daycare & | Stolat Partners Ltd | Special Warranty Deed | $71k · San Antonio Citizens Federal Credit Unio |
| Aug 22, 2007 | — | Larramee Corp INC | Raulerson,larry | Quit Claim Deed | — |
| Mar 3, 2005 | $150,000 | Larry Raulerson | Gilbertson,maureen O | Warranty Deed | $113k · Ocala National Bank |
| — | — | John J Gilbertson | — | Deed Of Trust · related | $24k · First Union National Bank |
| — | — | Maureen O Gilbertson | — | Deed Of Trust · related | $45k · Metroplex Investments INC |
Description
This exceptional investment opportunity presents a 2,400 square foot commercial building located at 12212 Fort King Rd, Dade City, FL 33525. The property, situated on a 0.37-acre corner lot, boasts a highly visible location and ample parking with eight dedicated spaces. Currently operating as a fully leased and thriving daycare center, this single-story, concrete block building offers a consistent income stream. The building is zoned C1, allowing for diverse uses including retail, commercial, and office spaces. The existing daycare business provides a turnkey operation with a 100% occupancy rate under a gross lease agreement with a remaining term of three years, expiring December 31, 2027. The lease commenced January 1, 2023, and features a five-year term. Built in 1973, the building benefits from a partially new roof installed in 2023. The asking price is $600,000, representing an 8.00% cap rate. This property is ideal for investors seeking a low-maintenance, income-generating asset with significant upside potential due to the flexible zoning and strong existing tenant. The property's features include a single building, one story, and a Pasco County APN of 03-25-21-004A-00800-0010.
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Location Insight
- Map
- Local Demand
- City
- Dade City
- County
- Pasco
- State
- Florida
- Longitude
- -82.2037
- Latitude
- 28.3355
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
