12450 US HIGHWAY 301
About This Property
Located in the heart of Dade City's emerging commercial corridor, this parcel offers unmatched visibility and accessibility near the new Ford dealership, the Walmart plaza, & the upcoming Chick-Fil-a.
Perfectly suited for retail, office, or service-oriented development, this property positions your business beside a thriving commercial hub with strong traffic flow and growth potential. Don't miss the chance to secure a strategic location in one of Dade City's most promising commercial areas.
Land is currently in process of being separated into 2 parcels. The front parcel is listed for $150,000 & the back parcel is listed at $100,000. Purchase both for $225,000. This property does not include the neighboring cell tower or cell tower property in any capacity.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017