Hudson Florida Office
12029 Majestic Blvd, Hudson, FL 34667
Call to check price and availability
14,130 SF office park in Hudson, Pasco County, Florida.
Type:Office, Retail
Property size:
14,130 SFPrice / SF:
$130/SF- Added:
- Jan 24, 2026
- Days on Market:
- 114
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 12029 Majestic Blvd
General Information
- Standard status
- Active
- Size
- 14,130 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1982
Listing agent Maggie McGrath License #FL 3232402
Listing office Doyle & McGrath (813) 420-6676
Listing date Jan 24, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Doyle & McGrath
HighLights
- Value‑add opportunity through lease‑up of vacant space and implementation of market rents.
- Located in Pasco County, a region experiencing steady population and employment growth.
- Strategic location between Little Road and US Highway 19, approximately 45 miles northwest of downtown Tampa.
- Proximity to U.S. Highway 19, a major north‑south commercial corridor.
- Anchored by national and regional retailers (Walmart, Publix, CVS, Walgreens) along the U.S. 19 corridor.
- Six office units totaling ~14,130 square feet, offering various suite sizes.
Overview
Located in Hudson, Pasco County, Florida, this 14,130 SF office park is strategically positioned along Florida’s west-central Gulf Coast, between Little Road and US Highway 19, approximately 45 miles northwest of downtown Tampa and roughly 50 miles from Tampa International Airport. Pasco County has experienced population and employment growth as residents and businesses migrate north from the Tampa metro. Hudson provides connectivity via U.S. Highway 19, linking the asset to Tampa, Clearwater, and surrounding Gulf Coast communities, while also benefiting from proximity to residential neighborhoods. The property consists of six office units totaling approximately 14,130 square feet, offering various suite sizes suited for small professional users. The immediate trade area is anchored by national and regional retailers along the U.S. 19 corridor, including grocery, pharmacy, and service-oriented tenants. Nearby retailers such as Walmart, Publix, CVS, Walgreens, and a variety of quick-service restaurants and neighborhood services enhance the location’s convenience for tenants and visitors. With only one unit currently occupied, the asset represents a value add opportunity through lease-up of vacant space and implementation of market rents. Investors can capitalize on improving local demand and continued growth in Pasco County by stabilizing the property over time and investing in capital improvements, creating income growth and appreciation potential.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.54M
NOI $138,721 @ 9.00% cap · cautious / downside scenario
Moderate
$1.98M
NOI $138,721 @ 7.00% cap · market / base-case scenario
Aggressive
$2.77M
NOI $138,721 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.0k | $15.00 |
| − Vacancy | −$13.8k | −$0.98 |
| EGI | $198.2k | $14.03 |
| − OpEx | −$59.5k | −$4.21 |
| NOI | $138.7k | $9.82 |
14,130 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.98M
$1.73M – $2.31M
NOI $138,721 @ 7.0% cap · market cap 7.50%
Second Best
Office B
$1.36M
$1.19M – $1.59M
NOI $95,352 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$3.22M
$2.82M – $3.76M
NOI $225,311 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Hudson
- County
- Pasco
- State
- Florida
- Longitude
- -82.6863978
- Latitude
- 28.3324259
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - 14,130 SF office park in Hudson, Pasco County, Florida.
Where is this office units located?
The property is located at 12029 Majestic Blvd Hudson, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Value‑add opportunity through lease‑up of vacant space and implementation of market rents.; Located in Pasco County, a region experiencing steady population and employment growth.; Strategic location between Little Road and US Highway 19, approximately 45 miles northwest of downtown Tampa.
