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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Distribution centers
32641 Blueberry Hl Way Dade City, FL 33523-6431
Individually Owned
12-yr Hold
Property ID
US18-3258151
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Total area
8,072 SF
Lot
10 ac (435,600 SF)
Zoning code
00AC
APN
02-24-20-0000-00300-0000
UPID
US18-3258151
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
$1.21M
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$1.06M
Owner & transaction history
Ronald L Diehl · 12 yrs held
Ronald L Diehl
since 2013
7 recorded transactions
Zoning & alternative use
00AC · Dade City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+56.2%
Commercial (general)
$1.5M
+34.5%
Retail stores
$1.3M
+15.2%
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%
$1,310,000
6.5%
$1,210,000
7%
$1,125,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,120,000
Current use
MEDICAL BUILDING
$1,745,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,505,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$1,290,000
Change: +15% · Conversion: Moderate
OFFICE BUILDING
$1,195,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$131 / 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
$14,925
Tax year 2023
Assessed value
$912,335
Assessed 2023
Previous assessed
$885,775
+3.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$139,675
Assessed improvement
$772,660
Land market value
$139,675
Improvement market value
$1,054,432
Total market value
$1,194,107
Applied tax rate
3,200.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
5
Total area
8,072 SF
Lot
10 ac (435,600 SF)
Zoning code
00AC
APN
02-24-20-0000-00300-0000
UPID
US18-3258151
Jurisdiction
PASCO
Zoning & alternative use
00AC · Dade City, FLZoning 00AC · permitted uses
00AC · 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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
10 ac
Current owner
From public records · entity-resolved
Ronald L Diehl
Individual
Mailing address
32641 BLUEBERRY HL WAY, DADE CITY, FL 33523-6431
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2013
$650,000
Ronald L Diehl
Stevens,gregory R & Gazelle B
Warranty Deed
$520,000 · Pnc Mortgage
Sep 28, 2007
—
Mark E Arbet
Stevens,gregory R & Gazelle B
Quit Claim Deed
—
Jun 15, 2005
$63,690
Gregory R Stevens
Arbet,mark E
Quit Claim Deed
related
$632,665 · Amsouth Bank
Dec 1, 2004
$290,250
Gregory R Stevens
Mooney,todd
Warranty Deed
$217,687 · Amsouth Bank
Jun 28, 2004
$173,600
Todd Mooney
Davis,larry W & Ruth
Grant Deed
—
Mar 4, 2004
$141,100
Sertoma Youth Ranch
Davis,laurence W & Ruth A
Grant Deed
$50,000 · Mitchel W Lind
Dec 30, 2003
$98,000
Michael L Meier
Davis,laurence W & Ruth
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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