Fenced Flex Space with
For Sale
$1,950,000
9324 EDEN Avenue, Hudson, FL 34667
Commercial Sale, HUDSON, FL
Property Size13,500 SF
Lot Size4.01 Acres
Price / SF$144.44
Days on Market33
Property Features for 9324 EDEN Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Subdivision
GULF COAST ACRES
Directions
Driving North On Little Road Turn Left Onto Eden Avenue. Second Property On The Left. Gate Is Locked. Lockbox Is On Gate. Key In Lockbox Opens Gate Padlock And All Doors Inside. Make Sure Gate Is Chained To Opening Pole. Please Lock All Doors And Return Key To Lockbox Once Gate Is Locked.
Standard status
Active
APN
13-24-16-0030-00600-0072
Size
13,500 SF
Lot size
4.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GULF COAST ACRES UNIT 5 PB 4 PG 94 NORTH1/2 OF LOTS 7 & 8 BLOCK 6 EXC SOUTH 100 FT THEREOF; NORTH 5 FT THEREOF SUBJECT TO PERPETUAL EASEMENT FOR R/W AS PER OR 3934 PG 318 OR 9670 PG 897
Tax Annual Amount
10615
Legal Description
GULF COAST ACRES UNIT 5 PB 4 PG 94 NORTH1/2 OF LOTS 7 & 8 BLOCK 6 EXC SOUTH 100 FT THEREOF; NORTH 5 FT THEREOF SUBJECT TO PERPETUAL EASEMENT FOR R/W AS PER OR 3934 PG 318 OR 9670 PG 897
Utilities
Cooling system
Central Air
Building Details
Year built
1998
Floors in Building
1
Building materials
Metal Siding
Listing Agency:
FUTURE HOME REALTY INC
(813) 855-4982
Listed By:
James Bailey · License #3368352
(727) 809-3038
Added: Jul 29
Changed: Aug 19
Last Checked: Aug 30 at 5:06AM
MLS# W7888120
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.
This 13,500-square-foot flex and industrial property includes warehouse space, five offices, two bathrooms, and a smaller climate-controlled area. Multiple grade-level roll-up doors support loading and access, while 3-phase power serves operational needs. The improvements also include an enclosed spray booth, covered carport, detached shed, central air, and metal siding. Built in 1998, the facility has been upgraded and maintained, including work on the HVAC, well, septic system, air compressor, and roll-up doors.
The property occupies 4.01 acres in Hudson within Pasco County’s C3 zoning district. The fully fenced site provides secured outdoor yard area and is positioned for access to Little Road and US-19. Its combination of enclosed improvements, office accommodation, service features, and fenced land supports a range of industrial and commercial operations.
The property occupies 4.01 acres in Hudson within Pasco County’s C3 zoning district. The fully fenced site provides secured outdoor yard area and is positioned for access to Little Road and US-19. Its combination of enclosed improvements, office accommodation, service features, and fenced land supports a range of industrial and commercial operations.
Key Highlights
- 13,500 SF industrial facility on 4.01 acres
- Fully fenced property with usable secured yard area
- 3‑phase power and multiple grade‑level roll‑up doors
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
$145,314
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
7.45%
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%
$2,906,280
$2.9M
Cap Rate 7%
$2,075,914
$2.1M
Cap Rate 9%
$1,614,600
$1.6M
Market Conditions
NOI Build-Up for 13,500 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
$243.0K $18.00/SF
− Vacancy
−$19.4K −$1.44/SF
EGI
$223.6K $16.56/SF
− OpEx
−$78.2K −$5.80/SF
NOI
$145.3K $10.76/SF
Area
Pasco County, FL
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
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%
$2,906,280
Cap Rate 7%
$2,075,914
Cap Rate 9%
$1,614,600
Alternative Uses
Best Use
Flex RnD
$2.08M
$1.82M – $2.42M
NOI $145,314 @ 7.0% cap · market cap 7.45%
Second Best
Warehouse
$1.88M
$1.64M – $2.19M
NOI $131,532 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,266 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34667, FL
34,910
Population
19,651
Households
1.8
Avg Household Size
58
Median Age
18%
College-Educated
90%
High-School Grad
30.5 sq mi
ZIP Area
1,145
Density / Sq Mi
$51,106
Median Household Income
$40,828
Median Earnings
$1,189
Median Rent
$214,200
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.
Frequently Asked Questions
What type of property is this?
Flex space - C3-zoned facility combines warehouse, office, and climate-controlled workspace.
Where is this flex space located?
The property is located at 9324 EDEN Avenue Hudson, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 13,500 SF industrial facility on 4.01 acres; Fully fenced property with usable secured yard area; 3‑phase power and multiple grade‑level roll‑up doors
