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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Grocery and convenience stores
37511 Lck St Dade City, FL 33523-2526
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1270540
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1974
Total area
3,000 SF
Lot
0.29 ac (12,750 SF)
Zoning code
00C1
APN
22-24-21-0000-09600-0010
UPID
US18-1270540
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
S & F Foodmark Inc Grocery & Convenience Store
-
Citgo Gas Station
-
Doña Orlanda Tortas Y Tacos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
St Mary S Investments Of Florida Ll · 4 yrs held
St Mary S Investments Of Florida Ll
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
00C1 · Dade City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$705,000
+226.8%
Auto repair, garage
$490,000
+126.9%
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
$680,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$705,000
Change: +227% · Conversion: Easy
AUTO REPAIR, GARAGE
$490,000
Change: +127% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $800k (Mar 2 2021)
Last sale anchor
$800k
Mar 2 2021
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
$227 / 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
$2,164
Tax year 2023
Assessed value
$115,284
Assessed 2023
Previous assessed
$115,284
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$27,750
Assessed improvement
$87,534
Land market value
$27,750
Improvement market value
$87,534
Total market value
$115,284
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
300
Bathrooms
2
Total area
3,000 SF
Lot
0.29 ac (12,750 SF)
Zoning code
00C1
APN
22-24-21-0000-09600-0010
UPID
US18-1270540
Jurisdiction
PASCO
Zoning & alternative use
00C1 · Dade City, FL
Zoning 00C1 · permitted uses
00C1 · 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
COMMERCIAL (GENERAL)
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$490,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1974
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
300
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
St Mary S Investments Of Florida Ll
Entity
Mailing address
16415 LK HEATHER DR, TAMPA, FL 33618-1167
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
—
St Marys Investments Of Florida LLC
—
Deed
related
$200,000 · Sei Fuel Services INC
Jan 27, 2022
$800,000
St Mary S Investments Of Florida Ll
Joseph Aziz
Warranty Deed
—
Mar 2, 2021
$699,000
Asset Trustee Services LLC
Hebron INC
Warranty Deed
$559,200 · Hebron INC
Jun 27, 2017
—
Hebron INC
—
Deed
related
$367,655 · Usameribank
Mar 29, 2012
$725,000
Hebron INC
Salsyn Ents INC
Warranty Deed
$543,000 · Usameribank
May 21, 2010
—
Salsyn Ents INC
Islam,mohammed S
Quit Claim Deed
related
—
May 23, 2005
$400,000
Salsyn Ents INC
Patel,kiritkumar & Pratibha
Warranty Deed
—
Apr 16, 2001
$192,000
Kiritkumar M Patel
Asfour,fathi A
Grant Deed
$152,000 · First Union National Bank
—
—
Mohammed Islam
—
Deed Of Trust
related
$193,519 · Kiritkumar & Pratibha Patel
—
—
Hebron INC
—
Deed Of Trust
related
$340,000 · Usameribank
—
—
Hebron INC
—
Loan Modification
related
$367,655 · Usameribank
—
—
Mohammed Islam
—
Deed Of Trust
related
$238,304 · Kiritkumar & Pratibha Patel
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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