Auto
New
For Sale
$1,300,000
12623 US-19, Hudson, FL 34667
The Hudson property is classified for automotive use.
Property Size7,272 SF
Price / SF$178.77
Days on Market3
Property Features for 12623 US-19
General Information
Standard status
Active
Size
7,272 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
NN
Amenities
7,272-SF Retail-Industrial Property | 1984 Construction, Effective 2005
Large, Lighted Parking Lot With Lighted Sign in Front | High Visibility From US-19 With Easy Access From a Dedicated Turn Lane
Seven Garage Bays With Office/Lobby Area In Front
+/-0.86 Acre Lot Near a Hard, Signalized Corner With Ingress/Egress Onto US-19 and Easy Access From Both Traffic Directions
Strategically Positioned Along US-19, With 50,000+ VPD Near State Hwy 52, Seeing 33,100+ VPD
Located Within a Dense Retail Corridor, Adjacent to Walmart Supercenter and Mister Car Wash
Near Multiple Other National Tenants Such as Enterprise Rent a Car, Planet Fitness, McDonald's, Harbor Freight, Tires Plus, Wendy's and More
Hudson is Just North of New Port Richey, a Quickly Growing Tampa Suburb Seeing 1.76% Annual Population Growth and 7.44% Growth Since 2020
Building Details
Building Size
7,272 SF
Listed By:
James Defusto · License #License(s): FL: SL3517817
(813) 387-4784
Source:
Marcusmillichap
Added: Sep 30
Last Checked: Oct 1 at 8:08AM
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 James Defusto
Investment Insights
Based on property information with market context.
This auto shop comprises 7,272 square feet at 12623 US-19 in Hudson, Florida.
Key Highlights
- 7,272‑square‑foot auto shop
- Located at 12623 US‑19 in Hudson, Florida
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
$71,393
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
5.49%
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%
$1,427,860
$1.4M
Cap Rate 7%
$1,019,900
$1.0M
Cap Rate 9%
$793,256
$793.3K
Market Conditions
NOI Build-Up for 7,272 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
$109.1K $15.00/SF
− Vacancy
−$7.1K −$0.98/SF
EGI
$102.0K $14.03/SF
− OpEx
−$30.6K −$4.21/SF
NOI
$71.4K $9.82/SF
Area
Pasco County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,427,860
Cap Rate 7%
$1,019,900
Cap Rate 9%
$793,256
Alternative Uses
Best Use
Retail
$1.02M
$892.4K – $1.19M
NOI $71,393 @ 7.0% cap · market cap 5.49%
Second Best
Industrial
$833.6K
$729.4K – $972.5K
NOI $58,349 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,956 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
117k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 76%
Shops & Services 22%
Home Improvements & Furnishings 1%
Hotels & Casinos 1%
Walmart
Superstores
89,383 visits/mo
0.2 miles
Murphy USA
Shops & Services
13,067 visits/mo
0.1 miles
Mister Car Wash
Shops & Services
3,486 visits/mo
0.1 miles
Fifth Third Bank & ATM
Shops & Services
2,759 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
2,628 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Predator Motorsports — 7101 State Rd 52, Hudson, FL 34667
- Tires Plus — 7109 State Rd 52, Hudson, FL 34667
- In & Out Express Lube — 7217 State Rd 52, Bayonet Point, FL 34667
- United Auto Glass — Bayonet Point, FL 34667
- Windshield Repair Today of Hudson — 7326 State Rd 52, Hudson, FL 34667
Frequently Asked Questions
What type of property is this?
Auto shop - The Hudson property is classified for automotive use.
Where is this auto shop located?
The property is located at 12623 US-19 Hudson, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 7,272‑square‑foot auto shop; Located at 12623 US‑19 in Hudson, Florida
