Flex Space with Fenced
For Sale
$700,000
18820 SAKERA ROAD, Hudson, FL 34667
Office and warehouse configuration with roll-up access, attic storage, and outdoor area for parking or storage.
Property Size3,000 SF
Price / SF$233.33
Days on Market509
Property Features for 18820 SAKERA ROAD
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial/Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
18 ft
Office Build-Out
900 SF
Taxes and HOA fees
Annual Taxes
$3,817
Building Details
Year Built
2010
Buildings
1
Construction
steel frame
Listing Agency:
FACET REALTY
(813) 295-3512
Listed By:
Kristie Behrle · License #3292002
(813) 295-3512
Source:
Exitrealty
Added: Apr 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:16PM
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 FACET REALTY
Investment Insights
Based on property information with market context.
This 3,000-square-foot flex property combines office and warehouse space in a steel-frame, metal building completed in 2010. The office component measures 900 square feet, or 30% of the building, and includes attic storage. That area may be converted into a mezzanine with access from the warehouse. The warehouse offers 18-foot clear height and two metal roll-up doors.
A large fenced yard provides space for vehicle parking or outdoor storage, while the site also has room for building expansion. The property is located within County Line Industrial Park at 18820 Sakera Road in Hudson, Florida.
A large fenced yard provides space for vehicle parking or outdoor storage, while the site also has room for building expansion. The property is located within County Line Industrial Park at 18820 Sakera Road in Hudson, Florida.
Key Highlights
- 3,000‑square‑foot flex building completed in 2010
- 900 square feet of office space, representing 30% of the building
- 18‑foot clear height with two metal 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
$32,292
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
4.61%
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%
$645,840
$645.8K
Cap Rate 7%
$461,314
$461.3K
Cap Rate 9%
$358,800
$358.8K
Market Conditions
NOI Build-Up for 3,000 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
$54.0K $18.00/SF
− Vacancy
−$4.3K −$1.44/SF
EGI
$49.7K $16.56/SF
− OpEx
−$17.4K −$5.80/SF
NOI
$32.3K $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%
$645,840
Cap Rate 7%
$461,314
Cap Rate 9%
$358,800
Alternative Uses
Best Use
Flex RnD
$461.3K
$403.7K – $538.2K
NOI $32,292 @ 7.0% cap · market cap 4.61%
Second Best
Warehouse
$417.6K
$365.4K – $487.2K
NOI $29,229 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$683.4K
$598.0K – $797.3K
NOI $47,837 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
138
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse configuration with roll-up access, attic storage, and outdoor area for parking or storage.
Where is this flex space located?
The property is located at 18820 SAKERA ROAD Hudson, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3,000‑square‑foot flex building completed in 2010; 900 square feet of office space, representing 30% of the building; 18‑foot clear height with two metal roll‑up doors
