521 Hughes Rd, Auburndale, FL 33823
18,277 SF retail building in thriving Auburndale, Florida.
- Added:
- Aug 20, 2024
- Days on Market:
- 688
- Last Refresh:
- Jul 2 at 9:01 am
Property Features for 521 Hughes Rd
General Information
- Standard status
- Active
- Size
- 18,277 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing office Saunders Real Estate (863) 648-1528
Listing date Aug 20, 2024
Source Crexi
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 Saunders Real Estate
HighLights
- 18,277 SF free‑standing building.
- Prime location in the heart of the thriving Auburndale area off of Havendale Boulevard.
- Zoned C3, suitable for a range of retail ventures.
- Modern construction (completed in 2006).
- Investment opportunity in a dynamic commercial district.
- High‑demand asset.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $318.0k | $17.40 |
| − Vacancy | −$24.8k | −$1.36 |
| EGI | $293.2k | $16.04 |
| − OpEx | −$88.0k | −$4.81 |
| NOI | $205.2k | $11.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Auburndale
- County
- Polk
- State
- Florida
- Longitude
- -81.7800994
- Latitude
- 28.0572953
