Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12120 Hicks Rd Hudson, FL 34669

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $135,000

    0.44 acre lot in Hudson, zoned AR.

    Lot size:
    0.44 Acres

    Property Features for 12120 Hicks Rd

    General Information

    Lot size
    0.44 Acres

    We can help!

    Listing Contact
    Theo Dragoutsis
    Source: Elliman

    Listing Agent: Theo Dragoutsis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land on Hicks Road, Hudson

    This property is a 0.44-acre lot located on Hicks Road in Hudson. It is currently zoned AR Agricultural/Rural Residential. A zoning change to Commercial may be submitted to Pasco County, subject to County approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Pasco
    State
    Florida
    Longitude
    -82.649324
    Latitude
    28.3335691

    Nearby Similar for Sale

    • $1,750,000
      2,085 SF

      Unique Estate with Income Potential

      Custom estate on 9.68 acres with two homes and horse-boarding.
      9615 Eden Ave, Hudson, FL 34667
      View Details
    • $895,000
      10,013 SF

      Income-Producing Gated Commercial Property

      Gated commercial property on 1.5 acres with rental income potential.
      16201 Us Highway 19, Hudson, FL 34667
      View Details
    • New
      $7,900,000
      45,000 SF

      New 45,000 SF Air-Conditioned Building

      New, fully air-conditioned 45,000 SF building on 4.05+ acres.
      10012 State Road 52, Hudson, FL 34669
      View Details
    • $1,865,000
      11,152 SF

      Daycare Facility on 7.5 Acres

      Operating daycare facility with redevelopment potential in a growing area.
      12306 State Rd 52, Hudson, FL 34669
      View Details
    • $1,865,000
      11,152 SF

      Daycare Facility on 7.5 Acres

      Operating daycare facility on 7.5 acres with redevelopment potential.
      12306 State Rd 52, Hudson, FL 34669
      View Details
    • $749,800
      1.00 Acre

      Aripeka Land with Gulf Views

      Over 1 acre of land with water rights.
      8812 Camp Ln, Hudson, FL 34667
      View Details
    • $300,000
      2,310 SF

      Hudson Mixed-Use Property with Residence

      Mixed-use property with a newly built 3-bedroom residence.
      10617 Denton Ave, Hudson, FL 34667
      View Details
    • $799,900
      Pending

      Versatile Commercial Property on US 19

      C-2 zoned property with high visibility and flexible space.
      14925 Us Highway 19, Hudson, FL 34667
      View Details
    • $1,700,000
      8,550 SF

      Hudson Marina/Warehouse For Sale

      Marina/warehouse with additional buildings, boat ramp, and dock near Hudson Beach.
      6912 Puffin Ln, Hudson, FL 34667
      View Details
    • $169,000
      Pending

      Commercial Condo Near Bayonet Hospital

      Commercial condo across from Bayonet Point Hospital, Hudson, Florida.
      7416 Community Ct, Hudson, FL 34667
      View Details
    • $299,000
      1,440 SF

      Hudson Office with C1 Zoning

      Commercial property with C1 zoning in a beachfront community.
      14309 Old Dixie Hwy, Hudson, FL 34667
      View Details
    • $299,000
      1,440 SF

      Hudson Office Building For Sale

      Commercial property with C1 zoning in a beachfront community.
      14309 Old Dixie Hwy, Hudson, FL 34667
      View Details

    FAQs

    What type of property is this?
    Land - 0.44 acre lot in Hudson, zoned AR.
    Where is this land located?
    The property is located at 12120 Hicks Rd Hudson, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Prime location on popular Hicks Rd.; - Large .44 acre lot.; - Zoned AR Agricultural/Rural Residential.
    (727) 207-3020
    Request Owner's contact information
    12120 Hicks Rd Hudson, FL 34669
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12120 Hicks Rd
    Hudson, FL 34669
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12120 Hicks Rd Hudson, FL 34669
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Theo Dragoutsis
    (727) 207-3020
    Learn more
    Google sign-in failed. Please try again or use another login method.