Income-Producing Garages on Commercial
16201 US HIGHWAY 19, Hudson, FL 34667
For Sale
$889,800
Gated property with rental income potential on 1.5 acres.
Property Size10,013 SF
Lot Size1.50 Acres
Price / SF$88.86
Days on Market614
Property Features for 16201 US HIGHWAY 19
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Pool
Public Pool
Building Details
Year Built
Listing Agency:
RE/MAX ALLIANCE GROUP
(727) 845-4321
Listed By:
ADELE POSTON · License #180197
(800) 940-8424
Source:
Corcoran
Added: Mar 6, 2025
Changed: Aug 8
Last Checked: Aug 15 at 5:45AM
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 RE/MAX ALLIANCE GROUP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on Commercial Way in Hudson, Florida, this gated property offers a business opportunity with rental income potential. The property, zoned C-2, spans 1.5 acres and features individual garages suitable for storage, auto-detailing shops, office rentals, or other uses. Shipping containers provide a secure storage option. The lot offers space for potential business ventures, such as used car sales. The property size is 10,013 square feet.
Key Highlights
- Income‑producing gated property with rental potential.
- Zoned C‑2 on Commercial Way, N. Hudson, FL, offering diverse business opportunities.
- 1.5‑acre lot with ample space for various business ventures.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,342
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,606,840
$1.6M
Cap Rate 7%
$1,147,743
$1.1M
Cap Rate 9%
$892,689
$892.7K
Market Conditions
NOI Build-Up for 10,013 SF
Gross rent
$125.2K $12.50/SF
− Vacancy
−$10.4K −$1.04/SF
EGI
$114.8K $11.46/SF
− OpEx
−$34.4K −$3.44/SF
NOI
$80.3K $8.02/SF
Area
Pasco County, FL
Vacancy
8.30%
Lease Rate
$12.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,606,840
Cap Rate 7%
$1,147,743
Cap Rate 9%
$892,689
Alternative Uses
Best Use
Retail
$1.70M
$1.49M – $1.99M
NOI $119,225 @ 7.0% cap · market cap 13.40%
Second Best
Industrial
$1.15M
$1.00M – $1.34M
NOI $80,342 @ 7.0% cap · market cap 9.03%
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M
NOI $218,594 @ 7.0% cap · market cap 24.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
256
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 15506 U.S. Hwy 19, Hudson, FL 34667
- U-Haul Neighborhood Dealer — 15830 U.S. Hwy 19, Hudson, FL 34667
Frequently Asked Questions
What type of property is this?
Parking lot & garage - Gated property with rental income potential on 1.5 acres.
Where is this parking lot & garage located?
The property is located at 16201 US HIGHWAY 19 Hudson, FL.
What is the asking price?
The asking price for this property is $889,800.
What are key features of this property?
This property features: Income‑producing gated property with rental potential.; Zoned C‑2 on Commercial Way, N. Hudson, FL, offering diverse business opportunities.; 1.5‑acre lot with ample space for various business ventures.
