Multi-Unit Industrial Warehouse
For Sale
$1,250,000
16717 BACHMANN Ave, Hudson, FL 34667
Fully occupied industrial building configured as seven individual units, currently with three tenants occupying the entire property.
Property Size7,000 SF
Price / SF$178.57
Days on Market90
Property Features for 16717 BACHMANN Ave
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Industrial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2005
Tenancy
Multi
Listing Agency:
(727) 481-6842
Listed By:
Brad Carter
(727) 481-6842
Source:
Elliman
Added: May 10
Changed: Jul 23
Last Checked: Aug 7 at 4:58AM
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 Brad Carter
Investment Insights
Based on property information with market context.
This fully occupied industrial building totals 7,000 square feet and was built as seven individual 1,000 square foot units. The property is currently operating with three tenants occupying the entire building, offering an owner the opportunity to maintain a multi-unit income profile or adapt the configuration for a user.
Located in a sought-after industrial park in Pasco County, the building sits right off US19, between SR52 and County Line Rd. The area is described as car-dependent, with walk score of 7 and bike score of 34.
The layout supports flexible small-business occupancy within the existing unit structure, while maintaining one functioning industrial asset footprint.
Located in a sought-after industrial park in Pasco County, the building sits right off US19, between SR52 and County Line Rd. The area is described as car-dependent, with walk score of 7 and bike score of 34.
The layout supports flexible small-business occupancy within the existing unit structure, while maintaining one functioning industrial asset footprint.
Key Highlights
- 7,000 SF industrial building built in 2005
- Configured as seven individual 1,000 SF units
- Fully occupied and functioning; three tenants currently occupy the entire building
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
$68,202
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
5.46%
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%
$1,364,040
$1.4M
Cap Rate 7%
$974,314
$974.3K
Cap Rate 9%
$757,800
$757.8K
Market Conditions
NOI Build-Up for 7,000 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
$87.5K $12.50/SF
− Vacancy
−$7.3K −$1.04/SF
EGI
$80.2K $11.46/SF
− OpEx
−$12.0K −$1.72/SF
NOI
$68.2K $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%
$1,364,040
Cap Rate 7%
$974,314
Cap Rate 9%
$757,800
Alternative Uses
Best Use
Warehouse
$974.3K
$852.5K – $1.14M
NOI $68,202 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.40M – $1.86M
NOI $111,619 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Well-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.
Similar Off Market Nearby
- Rv Storage — Gulf Coast Acres, FL 34667
- CubeSmart Self Storage — 9406 Fulton Ave, Hudson, FL 34667
- Castle Keep Mini Storage — 17326 U.S. Hwy 19 N, Hudson, FL 34667
Frequently Asked Questions
What type of property is this?
Warehouse - Fully occupied industrial building configured as seven individual units, currently with three tenants occupying the entire property.
Where is this warehouse located?
The property is located at 16717 BACHMANN Ave Hudson, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 7,000 SF industrial building built in 2005; Configured as seven individual 1,000 SF units; Fully occupied and functioning; three tenants currently occupy the entire building
