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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Office buildings
14639 21st St Dade City, FL 33523-2920
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2766883
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
28,237 SF
Lot
29 ac (1,263,240 SF)
Zoning code
0AC1
APN
28-24-21-0000-01000-0000
UPID
US18-2766883
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
$3.13M
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.92M
Owner & transaction history
Withlacoochee Riv Electric Coo · 5 yrs held
Withlacoochee Riv Electric Coo
since 2020
4 recorded transactions
Zoning & alternative use
0AC1 · Dade City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.5M
+7.9%
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%
$3,390,000
6.5%
$3,125,000
7%
$2,905,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,175,000
Current use
RETAIL STORES
$4,505,000
Change: +8% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,910,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±10%
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
$103 / 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
$18,365
Tax year 2023
Assessed value
$1,081,716
Assessed 2023
Previous assessed
$1,038,720
+4.1% YoY
Effective rate
1.70%
On assessed value
Assessed land
$152,032
Assessed improvement
$929,684
Land market value
$152,032
Improvement market value
$1,043,249
Total market value
$1,195,281
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1608
Bathrooms
4
Total area
28,237 SF
Lot
29 ac (1,263,240 SF)
Zoning code
0AC1
APN
28-24-21-0000-01000-0000
UPID
US18-2766883
Jurisdiction
PASCO
Zoning & alternative use
0AC1 · Dade City, FLZoning 0AC1 · permitted uses
0AC1 · Dade City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.2M
RETAIL STORES
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$3.9M
OFFICE BUILDING Current
RETAIL STORES
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
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1608
Bathrooms
4
Lot
29 ac
Current owner
From public records · entity-resolved
Withlacoochee Riv Electric Coo
Individual
Mailing address
PO BOX 278, DADE CITY, FL 33526-0278
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2020
—
Withlacoochee Riv Electric Coo
—
Deed
related
$100,000,000 · Miscellaneous Govt Agcy
Dec 19, 2017
—
Withlacoochee Riv Electric Coo
—
Loan Modification
related
$800,000,000 · Administrator/rural Utilitie
Feb 9, 2011
—
Withlachoochee Riv Electric Co
—
Deed Of Trust
related
$39,249,344 · National Rural Utilities Coope
—
—
Withlacoochee Riv Electric Coo
—
Deed Of Trust
related
$100,000,000 · Miscellaneous Govt Agcy
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.
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