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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Distribution centers
9931 Old Lakeland Hwy Dade City, FL 33525-0702
Entity Owned
8-yr Hold
Absentee Owner
Property ID
US18-2709775
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1992
Total area
4,800 SF
Lot
11.78 ac (513,137 SF)
Zoning code
00C2
APN
19-25-22-0000-00600-0020
UPID
US18-2709775
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
-
BMI LLC General Contractor
-
Florida Youth Conservation Crp Child Welfare Organization Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$626k
Blend (final)
Blend
$670k
Owner & transaction history
Bmi LLC · 8 yrs held
Bmi LLC
since 2018
5 recorded transactions
Zoning & alternative use
00C2 · Dade City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+56.2%
Commercial (general)
$895,000
+34.5%
Retail stores
$765,000
+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%
$780,000
6.5%
$720,000
7%
$670,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$665,000
Current use
MEDICAL BUILDING
$1,040,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$895,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$765,000
Change: +15% · Conversion: Moderate
OFFICE BUILDING
$710,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$140 / 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
$9,213
Tax year 2023
Assessed value
$525,244
Assessed 2023
Previous assessed
$513,807
+2.2% YoY
Effective rate
1.75%
On assessed value
Assessed land
$333,977
Assessed improvement
$191,267
Land market value
$333,977
Improvement market value
$191,267
Total market value
$525,244
Applied tax rate
21.0000
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
1992
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
2
Total area
4,800 SF
Lot
11.78 ac (513,137 SF)
Zoning code
00C2
APN
19-25-22-0000-00600-0020
UPID
US18-2709775
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Dade City, FLZoning 00C2 · permitted uses
00C2 · 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
$665,000
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$895,000
RETAIL STORES
Est. value
$765,000
OFFICE BUILDING
Est. value
$710,000
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
1992
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
11.78 ac
Current owner
From public records · entity-resolved
Bmi LLC
Entity
Mailing address
39838 STEWART RD, ZEPHYRHILLS, FL 33540-5332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Apr 27, 2018
$582,000
Bmi LLC
Three H Learniag Center INC
Warranty Deed
$465,600 · Centennial Bank
Feb 8, 2012
$430,000
Three-h Learning Center INC
Rowland,walter M JR
Warranty Deed
$365,500 · Walter M Rowland
Nov 21, 2011
$275,000
Walter M Rowland JR.
Green Acres Of Pasco INC
Warranty Deed
—
—
—
Green Acres Of Pasco INC
—
Deed Of Trust
related
$250,000 · Florida Traditions Bank
—
—
Roy L Green
—
Deed Of Trust
related
$135,000 · San Antonio Citizens FCU
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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