14520 7Th StDade City, FL 33523

Property Details for 14520 7Th St

Year built

1950

Lot size

0.61 AC

Property size (Sq ft)

13,520 SF

Zone code

00CG

Property type

Retail properties

Property subtype

Retail space

APN

27-24-21-0460-02600-0020

APU

2724210460026000020

Description

This exceptional Class A mixed-use property, located at 14520 7th St, Dade City, FL 33523, presents a compelling investment opportunity. Boasting a substantial 23,324 square feet, this single-story building is situated on a 0.61-acre lot (APN: 2124270460026000020) and is zoned CG. Currently operating at 100% occupancy with a multi-tenant configuration, the property offers a blend of executive office and storefront spaces, perfectly suited for diverse business needs. Constructed in 1950, the building's strong performance is reflected in its impressive asking price of $3,390,000, translating to a price per square foot of $145.34. The modified lease structure provides flexibility and potential for increased revenue. This property represents a rare chance to acquire a well-established, high-performing asset in a thriving location. Its prime location in Dade City, Pasco County, Florida, offers excellent accessibility and visibility. The property's strong tenant base and consistent occupancy make it an attractive investment with significant potential for long-term growth and return. Serious inquiries are encouraged to explore this exceptional opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $4,012,360

  6.5%

  $3,703,717

  7%

  $3,439,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,222,277

  Geo Method

  $6,222,277

• Alternative Use

  Use

  Valuation

  Residential

  $3,124,224

  Hospitality

  $2,861,772

  Educational

  $2,380,961

  Medical

  $2,462,846

  Retail

  $3,703,717

Location Insight

City

Dade City

County

Pasco

State

Florida

Latitude

28.3697

Longitude

-82.1888

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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