Assisted Living Property Requiring
New
For Sale
$390,000
14108 Old Dixie Highway, Hudson, FL 34667
The site carries R-2 zoning and has previously supported assisted living use.
Property Size3,022 SF
Lot Size0.50 Acres
Days on Market7
Property Features for 14108 Old Dixie Highway
General Information
Standard status
Active
Size
3,022 SF
Lot size
0.50 Acres
Property subtype
MF, MU
Zoning
R-2
Building Details
Building Size
3,022 SF
Year Built
1970
Listing Agency:
KW Commercial | Clearwater | Deana Auld
(727) 409-4273
Listed By:
Deana Auld · License #SL3293821,FL
Source:
Realnex
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 11 at 4:41AM
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 KW Commercial | Clearwater | Deana Auld
Investment Insights
Based on property information with market context.
Located at 14108 Old Dixie Highway in Hudson, this property was previously used for assisted living and was built in 1970. The site includes a .5-acre lot and is zoned R-2.
The property experienced flooding during last hurricane season and requires repair. It is being offered in its current as-is condition.
The property experienced flooding during last hurricane season and requires repair. It is being offered in its current as-is condition.
Key Highlights
- Previously used for an assisted living facility
- .5‑acre lot
- R‑2 zoning
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
$27,794
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
7.13%
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%
$555,880
$555.9K
Cap Rate 7%
$397,057
$397.1K
Cap Rate 9%
$308,822
$308.8K
Market Conditions
NOI Build-Up for 3,022 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
$54.4K $18.00/SF
− Vacancy
−$3.9K −$1.28/SF
EGI
$50.5K $16.72/SF
− OpEx
−$22.7K −$7.52/SF
NOI
$27.8K $9.20/SF
Area
Pasco County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
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%
$555,880
Cap Rate 7%
$397,057
Cap Rate 9%
$308,822
Alternative Uses
Best Use
Apartment 5plus
$397.1K
$347.4K – $463.2K
NOI $27,794 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.4K
$602.4K – $803.1K
NOI $48,188 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Balanced
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fresh Water At Hudson — 14108 Old Dixie Hwy, Hudson, FL 34667
- Maryland Manor — 7632 Maryland Ave, Hudson, FL 34667
- Hudson Multipurpose Senior Center — 14205 Old Dixie Hwy, Hudson, FL 34667
- Vitality Living Hudson — 13707 Dallas Dr, Hudson, FL 34667
Frequently Asked Questions
What type of property is this?
Assisted living facility - The site carries R-2 zoning and has previously supported assisted living use.
Where is this assisted living facility located?
The property is located at 14108 Old Dixie Highway Hudson, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Previously used for an assisted living facility; .5‑acre lot; R‑2 zoning
