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Property profile & analytics
FOR LEASE
Retail space
12709 Us Highway 301 Dade City, FL 33525
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-4527561
For Lease
1 / 4
$1,640,000
12709 Us Highway 301, Dade City, FL 33525
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
10,000 SF
Lot
0.96 ac (41,661 SF)
Zoning code
00CG
APN
03-25-21-0000-00100-0020
UPID
US18-4527561
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
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$1.64M
Owner & transaction history
Rmc Morningside LLC
Rmc Morningside LLC
since 2026
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
00CG · Dade City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+35.6%
Commercial (general)
$1.9M
+16.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dade City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dade City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,510,000
7%
$1,405,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,595,000
Current use
MEDICAL BUILDING
$2,165,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,865,000
Change: +17% · Conversion: Easy
OFFICE BUILDING
$1,480,000
Change: -7% · Conversion: Easy
WAREHOUSE, STORAGE
$1,385,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.64M
Range $1.48M – $1.80M · ±10% · vs last sale $1.38M (Jan 7 2026)
Last sale anchor
$1.38M
Jan 7 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$164 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,755
Tax year 2023
Assessed value
$1,028,728
Assessed 2023
Previous assessed
$1,028,728
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$490,273
Assessed improvement
$538,455
Land market value
$490,273
Improvement market value
$538,455
Total market value
$1,028,728
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1995
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2200
Bathrooms
2
Total area
10,000 SF
Lot
0.96 ac (41,661 SF)
Zoning code
00CG
APN
03-25-21-0000-00100-0020
UPID
US18-4527561
Jurisdiction
PASCO
Zoning & alternative use
00CG · Dade City, FL
Zoning 00CG · permitted uses
00CG · Dade City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dade City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2200
Bathrooms
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Rmc Morningside LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4705 S APOPKA VINELAND RD STE #210, ORLANDO, FL 32819-3150
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
$1,375,000
Rmc Morningside LLC
Store Master Funding IV LLC
Special Warranty Deed
—
Oct 10, 2013
$1,256,700
Store Master Funding IV LLC
Grow Rto LLC
Warranty Deed
$1,260,000 · Citibank NA
Jan 2, 2013
$867,884
Grow Rto LLC
Fair Pie Ents Ltd
Warranty Deed
—
Nov 7, 2007
$1,120,000
Fair Pie Ents Ltd
Bi-rite Co INC
Grant Deed
$2,872,000 · Rbc Centura Bank
Aug 1, 1994
—
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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