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Property profile & analytics
OFF-MARKET
Office buildings

12212 Ft King Rd Dade City, FL 33525-5914

2,400 SF 0.36 ac lot Built 1973
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-3191367
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 2,400 SF
Lot 0.36 ac (15,786 SF)
Zoning code 00C1
APN 03-25-21-004A-00800-0010
UPID US18-3191367
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
Current use
Occupant on record · Public records
  • Small Blessing Academy Daycare Center
  • Blazing Stars Montessori School High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Himanisk 2 LLC · 2 yrs held
Himanisk 2 LLC
since 2023
Last sale
$160,000
7 recorded transactions
2023
Price N/A
2016
$160,000
2012
$89,000
2007
Price N/A
2005
$150,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
00C1 · Dade City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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