Waterfront Mixed-Use
For Sale
$750,000
6920 6922 6924 6926 6928 CLARK Street, Hudson, FL 34667
Commercial Sale, HUDSON, FL
Property Size4,214 SF
Lot Size0.22 Acres
Price / SF$177.98
Days on Market373
Property Features for 6920 6922 6924 6926 6928 CLARK Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Subdivision
HUDSON BEACH ESTATES
Directions
Take US Hwy 19 to Clark St. Property is on the left side.
Standard status
Active
APN
33-24-16-0010-00000-0460
Size
4,214 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
HUDSON BEACH ESTS NO 3 REVSED PB 7 PG 24 LOTS 46 & 45 OR 9755 PG 2246
Tax Annual Amount
4265
Legal Description
HUDSON BEACH ESTS NO 3 REVSED PB 7 PG 24 LOTS 46 & 45 OR 9755 PG 2246
Utilities
Cooling system
Central Air
Water front
1
Amenities
waterfront
Building Details
Year built
1971
Building materials
Block, Stucco
Listing Agency:
RE/MAX SUNSET REALTY · RE/MAX International
(727) 863-2402
Listed By:
Frank Fekete, LLC · License #SL3039291
(727) 534-4871
Added: Aug 18, 2025
Changed: Aug 24
Last Checked: Aug 25 at 12:06AM
MLS# W7878258
Copyright © 2026 West Pasco Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront commercial building contains 4,214 square feet and was constructed in 1971 with block and stucco materials. The five-unit layout is currently arranged as three units, with the option to restore the original configuration. One unit houses an active convenience store, while three combined units totaling 2,266 square feet are vacant and configured for restaurant use. A separate 722-square-foot unit, formerly used as a bakery, is also vacant. The property has central air and on-site parking.
Zoned C2, the building is designated as “Wet,” allowing the sale of beer and wine. It sits along the sole access road to Hudson Beach, with the property information noting high traffic and visibility. The site encompasses 0.22 acres at 6920, 6922, 6924, 6926, and 6928 Clark Street in Hudson, Florida.
Zoned C2, the building is designated as “Wet,” allowing the sale of beer and wine. It sits along the sole access road to Hudson Beach, with the property information noting high traffic and visibility. The site encompasses 0.22 acres at 6920, 6922, 6924, 6926, and 6928 Clark Street in Hudson, Florida.
Key Highlights
- 4,214‑square‑foot waterfront commercial building on 0.22 acres
- Five‑unit building currently configured as three units, with conversion back to 5 units possible
- Active income‑producing convenience store occupies one unit
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
$52,338
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
6.98%
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%
$1,046,760
$1.0M
Cap Rate 7%
$747,686
$747.7K
Cap Rate 9%
$581,533
$581.5K
Market Conditions
NOI Build-Up for 4,214 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
$91.0K $21.60/SF
− Vacancy
−$7.3K −$1.73/SF
EGI
$83.7K $19.87/SF
− OpEx
−$31.4K −$7.45/SF
NOI
$52.3K $12.42/SF
Area
Pasco County, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$1,046,760
Cap Rate 7%
$747,686
Cap Rate 9%
$581,533
Alternative Uses
Best Use
Mixed Use
$747.7K
$654.2K – $872.3K
NOI $52,338 @ 7.0% cap · market cap 6.98%
Second Best
Specialty Retail
$669.1K
$585.5K – $780.7K
NOI $46,839 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$959.9K
$839.9K – $1.12M
NOI $67,195 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 37%
Dining 21%
Winn-Dixie
Groceries
19,789 visits/mo
0.4 miles
Circle K
Shops & Services
11,269 visits/mo
0.3 miles
Burger King
Dining
9,217 visits/mo
0.3 miles
Dollar General
Shops & Services
5,640 visits/mo
0.3 miles
Regions Bank
Shops & Services
3,427 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - C2-zoned waterfront property with flexible unit configuration, on-site parking, and an operating convenience store.
Where is this mixed-use property located?
The property is located at 6920 6922 6924 6926 6928 CLARK Street Hudson, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,214‑square‑foot waterfront commercial building on 0.22 acres; Five‑unit building currently configured as three units, with conversion back to 5 units possible; Active income‑producing convenience store occupies one unit
