Property owners

What should your property do next?

Sell, lease, or hold. Start with what the property is worth, what it could earn, and what waiting costs.

The Pasco County Courthouse in downtown Dade City, Florida.
Photo by Ebyabe, CC BY-SA 2.5, via Wikimedia Commons. The Pasco County Courthouse in Dade City. Not a listing.
Cover of The East Pasco Owner's Report, Fall 2026, with the Pasco County Courthouse in Dade City.

Fall 2026

The East Pasco Owner's Report.

Pasco retail vacancy was 5.1% in the third quarter of 2026, and $258 million of Pasco retail sold over 12 months. Construction in the report includes the 326,157 square foot Monin plant at Zephyr-Rail Industrial Park, Dade City's first Chick-fil-A on US 301, and Double Branch retail under construction at I-75 and SR 52. Vacant commercial land in the report sold from $115,385 to $1,107,955 an acre, and Pasco retail asking rent averaged $24.93 per square foot.

On the record

What you can check.

Bingham Realty Inc.: 40+ years in commercial real estate

The brokerage's history in this work.

Founding president, BNI Main Street (Dade City)

A weekly business networking group in Dade City.

East Pasco in numbers

East Pasco, by the numbers.

Census population change and the SR 52 project, both documented in the Knowledge Catalog.

+20.0%Pasco County population change, Census estimate, April 2020 to July 2025. 674,516 residents.
+39.8%Dade City population change over the same span. Census estimate: 10,173 residents.
+30.5%Zephyrhills population change over the same span. Census estimate: 22,447 residents.
$82 millionNew SR 52, 7 miles from I-75 to US 301. Opened February 17, 2023.

U.S. Census Bureau QuickFacts, Vintage 2025 (July 1, 2025 estimates). The SR 52 figure is from the corridor guide. Population guide · SR 52 guide · Market pages

Your options

Compare the paths here.

You can discuss either option directly. The detail pages are optional.

01 / Sell

Sell the property

Turn equity into liquidity. First test value, condition, timing, and who is likely to buy.

  • Market-supported pricing and BOV
  • Owner-user versus investor demand
  • Preparation and transaction costs
Request a free BOV See the selling approach ↗
02 / Lease out

Lease the property

Keep ownership and pursue income. First test rent, vacancy, tenant costs, and lease obligations.

  • Market rent and likely tenant uses
  • Improvements, concessions, and downtime
  • Net income and long-term flexibility
Discuss leasing See the leasing approach ↗

If you are undecided

What does holding really cost?

A vacant or underused property still carries taxes, insurance, maintenance, debt service, and opportunity cost. A new tenant may add income, but also requires time, capital, and lease risk. The better choice depends on the property and your objectives.

Read the sell, lease, or hold guide →

How it works

Three steps to a clear next move.

01

Tell me the property

Address, use, and what you want the property to do.

02

Review value and income

A broker opinion of value, the rent the space can support, and the cost of holding.

03

Choose the path

Sell, lease, or hold, with the tradeoffs in front of you.

Common questions

Questions worth answering.

A few places to start. The Knowledge Catalog goes further.

How do I know what my commercial property is actually worth?

Value starts with what the property can do. Income, zoning, condition, location, and what a buyer can realistically do with it all factor in. I work through those inputs with you before anyone talks price, so you negotiate from what the property supports.

Should I sell my land now or hold it?

It depends on what the land is doing for you, what it could do, and what selling would free up. Holding costs money. So does selling at the wrong time. I walk through the trade-off with your actual numbers and timeline.

My tenant left and the building is sitting empty. Should I sell or re-lease?

A vacant building is a monthly cost and a decision point. Re-leasing preserves the income stream but takes time and may need work. Selling ends the carry but locks in today's value. I help you compare the two paths against what the property and the market actually support.

How long does it take to sell a commercial property?

It varies widely by property type, price, condition, and market. Land, an occupied building, and a vacant building all move on different timelines. I give you a realistic expectation for your specific property.

Let's work through your options.

Share the property and your objective. A free broker opinion of value is the usual place to start.

Request a free BOV
Contact Brian