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Property profile & analytics
OFF-MARKET
Estimated value
$7,475,000
Office buildings
14940 Citrus Country Dr Dade City, FL 33523-6004
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2923965
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
52,744 SF
Lot
3.84 ac (167,435 SF)
Zoning code
PDEC
APN
22-24-21-0000-00C00-0000
UPID
US18-2923965
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
$5.84M
Comparable Approach
Comparable
$8.83M
Blend (final)
Blend
$7.48M
Owner & transaction history
Gary S Bondi · 3 yrs held
Gary S Bondi
since 2023
7 recorded transactions
Zoning & alternative use
PDEC · Dade City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.4M
+46.3%
Commercial (general)
$9.8M
+26.0%
Retail stores
$8.4M
+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%
$6,330,000
6.5%
$5,840,000
7%
$5,425,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,800,000
Current use
MEDICAL BUILDING
$11,410,000
Change: +46% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,825,000
Change: +26% · Conversion: Easy
RETAIL STORES
$8,415,000
Change: +8% · Conversion: Moderate
WAREHOUSE, STORAGE
$7,305,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$7.48M
Range $6.73M – $8.22M · ±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
$142 / 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
$76,058
Tax year 2023
Assessed value
$3,186,066
Assessed 2023
Previous assessed
$4,007,099
-20.5% YoY
Effective rate
2.39%
On assessed value
Assessed land
$157,718
Assessed improvement
$3,028,348
Land market value
$157,718
Improvement market value
$3,028,348
Total market value
$3,186,066
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
1965
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
4
Units
2500
Bathrooms
7
Total area
52,744 SF
Lot
3.84 ac (167,435 SF)
Zoning code
PDEC
APN
22-24-21-0000-00C00-0000
UPID
US18-2923965
Jurisdiction
PASCO
Zoning & alternative use
PDEC · Dade City, FLZoning PDEC · permitted uses
PDEC · 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
$7.8M
MEDICAL BUILDING
Est. value
$11.4M
COMMERCIAL (GENERAL)
Est. value
$9.8M
RETAIL STORES
Est. value
$8.4M
WAREHOUSE, STORAGE
Est. value
$7.3M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1965
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
6
Units
2500
Bathrooms
7
Lot
3.84 ac
Current owner
From public records · entity-resolved
Gary S Bondi
Individual
Free & Clear · 3 yrs held
Mailing address
9804 W PARK VLG DR, TAMPA, FL 33626-5139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2026
—
Citrus Springs Industrial Holdings
—
Deed
related
$2,880,000 · Bcof II Reit LLC
Jan 12, 2023
—
Gary S Bondi
Jdr Properties Of Ppasco INC
Correction Deed
related
—
Dec 8, 2022
$8,814,100
Citrus Springs Industrial Holdings
James E Guedry
Special Warranty Deed
—
Jun 2, 2016
—
Dcbc LLC
—
Deed
related
$3,855,000 · Central Bk
Nov 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 9, 2005
$350,000
Jdr Properties Of Pasco INC
Cargill Juice North America In
Grant Deed
—
Oct 1, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Dcbc LLC
—
Deed Of Trust
related
$3,855,000 · Central Bk
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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