Air-Conditioned Warehouse on SR
For Sale
$7,900,000
10012 STATE ROAD 52, Hudson, FL 34669
Commercial Sale, HUDSON, FL
Property Size45,000 SF
Lot Size4.05 Acres
Price / SF$175.56
Days on Market566
Property Features for 10012 STATE ROAD 52
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
C2
Subdivision
FOREST ACRES
Lot features
Curb and Gutters, Fire Hydrant, Landscaped, Retention Areas, Retention Pond, Sidewalk, Paved
Directions
From US HWY 19 turn to go East on State Road 52 for 3 miles. Building is on the right, Southside, on State Road 52.
Standard status
Active
APN
07-25-17-0010-00000-0021
Lot size
4.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
FOREST ACRES UNIT ONE PB 8 PG 72 TRACT 2 LESS SR 52 14120- 2521 PCL 108.1 PER OR 1950 PG 1344 & OR 4339 PG 455 DESC AS FOLL:COM AT INTERSECTION OF EXISTING SLY R/W LINE OF SR 52 & WLY LN OF TRACT 2 TH S00DEG 21' 04"W 27.55 FT TH N79DEG41' 56"E 203.75 FT TO ELY LINE OF TRACT 2 TH N00DEG22' 03"E 27.54 FT TO EXISTING SLY R/W SR 52 TH S79DEG42' 12"W ALG SAID SLY R/W 203.76 FT TO POB
Tax Annual Amount
6245
Legal Description
FOREST ACRES UNIT ONE PB 8 PG 72 TRACT 2 LESS SR 52 14120- 2521 PCL 108.1 PER OR 1950 PG 1344 & OR 4339 PG 455 DESC AS FOLL:COM AT INTERSECTION OF EXISTING SLY R/W LINE OF SR 52 & WLY LN OF TRACT 2 TH S00DEG 21' 04"W 27.55 FT TH N79DEG41' 56"E 203.75 FT TO ELY LINE OF TRACT 2 TH N00DEG22' 03"E 27.54 FT TO EXISTING SLY R/W SR 52 TH S79DEG42' 12"W ALG SAID SLY R/W 203.76 FT TO POB
Utilities
Cooling system
Central Air
Building Details
Year built
2024
Floors in Building
1
Flooring type
Epoxy, Concrete
Building materials
Metal Frame, Metal Siding
Roof type
Metal
Listing Agency:
FLORIDA LUXURY REALTY INC
(727) 862-4447
Listed By:
Alex Fitchett · License #3603091
(727) 494-5151
Added: Feb 4, 2025
Changed: Aug 20
Last Checked: Aug 24 at 9:06PM
MLS# W7872144
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2024, this 45,000-square-foot warehouse occupies 4.05+ acres along State Road 52 in Hudson. The metal-framed building includes insulated walls and ceilings, concrete and epoxy flooring, central air conditioning, automatic fluorescent lighting, and a fire sprinkler system. Four 20-ton HVAC units provide a combined 80 tons of cooling. The structure offers 12-foot eave heights, an approximately 20-foot central ridge, four overhead doors, five additional exit doors, and four accessible restrooms.
The property is subject to a 5-year NNN lease with a tenant purchase option, and remains available for sale subject to the tenant’s rights. A paved drive extends around the building to an expanded rear parking area. Access is provided from the eastbound side of State Road 52, approximately 3 miles east of U.S. Highway 19 and approximately 6 miles west of the Suncoast Pkwy. Three-phase electrical service is installed.
The property is subject to a 5-year NNN lease with a tenant purchase option, and remains available for sale subject to the tenant’s rights. A paved drive extends around the building to an expanded rear parking area. Access is provided from the eastbound side of State Road 52, approximately 3 miles east of U.S. Highway 19 and approximately 6 miles west of the Suncoast Pkwy. Three-phase electrical service is installed.
Key Highlights
- 45,000 SF warehouse completed in 2024 on 4.05+ acres
- 5‑year NNN lease with tenant option to purchase
- Four 20‑ton HVAC units provide 80‑TONS of A/C
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$438,441
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,768,820
$8.8M
Cap Rate 7%
$6,263,443
$6.3M
Cap Rate 9%
$4,871,567
$4.9M
Market Conditions
NOI Build-Up for 45,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$562.5K $12.50/SF
− Vacancy
−$46.7K −$1.04/SF
EGI
$515.8K $11.46/SF
− OpEx
−$77.4K −$1.72/SF
NOI
$438.4K $9.74/SF
Area
Pasco County, FL
Vacancy
8.30%
Lease Rate
$12.50 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,768,820
Cap Rate 7%
$6,263,443
Cap Rate 9%
$4,871,567
Alternative Uses
Best Use
Warehouse
$6.26M
$5.48M – $7.31M
NOI $438,441 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.25M
$8.97M – $11.96M
NOI $717,552 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34669, FL
15,089
Population
6,747
Households
2.2
Avg Household Size
47
Median Age
14%
College-Educated
87%
High-School Grad
18.7 sq mi
ZIP Area
807
Density / Sq Mi
$52,648
Median Household Income
$44,566
Median Earnings
$1,285
Median Rent
$219,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Safari Storage — 9623 State Rd 52, Hudson, FL 34669
- Self-Storage at U-Haul — 10601 State Rd 52, Hudson, FL 34669
- Storage World and Car Wash — 10522 State Rd 52, Hudson, FL 34669
- Mr Chucks Storage — 9539 State Rd 52, Hudson, FL 34669
Frequently Asked Questions
What type of property is this?
Warehouse - Tenant-occupied warehouse under a 5-year NNN lease with an option for the tenant to purchase.
Where is this warehouse located?
The property is located at 10012 STATE ROAD 52 Hudson, FL.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 45,000 SF warehouse completed in 2024 on 4.05+ acres; 5‑year NNN lease with tenant option to purchase; Four 20‑ton HVAC units provide 80‑TONS of A/C
