Flex Industrial Property with Dual
For Sale
$475,000
9213 DENTON AVENUE, Hudson, FL 34667
C-2 zoned flex property with a main office and a 30' x 40' steel building featuring two 12' overhead doors.
Property Size1,600 SF
Lot Size0.50 Acres
Price / SF$296.88
Days on Market52
Property Features for 9213 DENTON AVENUE
General Information
Standard status
Active
Size
1,600 SF
Lot size
0.50 Acres
Property subtype
Business
Zoning
C-2
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Water Rights
Yes
Amenities
0.45 acres
Septic Tank
Additional parcels description:, Parcel Number: 16-24-13-003.0-006.00-003.1, Public Survey Range: 16, Public Survey Section: 13, Annual Amount: $3,418, Tax Block: 6, Tax Book Number: 4-94, Legal Description: GULF COAST ACRES UNIT 5 PB 4 PG 94 SLY 236.50 FT OF ELY 1/2 OF LOT 3 BLOCK 6, Lot: 3, Year: 2025, Zoning: C2
Carpet, Ceramic Tile
Central Air
Central
Listing ID: MFRW7887734, Standard Status: Active, MLS Status: Active, Property Subtype: Business, On market as of 2026-07-16, Special Conditions: None
Common, Secured
Built in 1999, Living area: 1600, Living area units: Square Feet, Construction Materials: Block
Subdivision: GULF COAST ACRES, MLS Area (Major): 34667 - Hudson/Bayonet Point/Port Richey, County/Parish: Pasco
Completed
Electricity Available, Private, Water Source: Well, 200+ Amp Service
Slab
Close Of Escrow
Frontage Type: Business District, County Road, Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Secured Garage/Parking, Security Gate
Accessible Entrance
Building Details
Year Built
1999
Listing Agency:
RE/MAX ALLIANCE GROUP
(727) 845-4321
Listed By:
Michael Constantine · License #3278539
(727) 415-0922
Source:
Miharaandassociates
Added: Jul 16
Changed: Sep 4
Last Checked: Sep 4 at 6:36AM
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
Investment Insights
Based on property information with market context.
This C-2 zoned flex industrial property includes a main office building with a reception area, multiple private offices, a kitchen, and two bathrooms. The improvements also feature a 30' x 40' steel building equipped with dual 12-foot overhead doors and three-phase electric service, served by two 200-amp panels.
Additional on-site utility and space support operations, including a private well and septic system. There is also a block outbuilding and a storage container for flexible storage needs. The property sits on nearly half an acre, providing space for employee and customer parking as well as outdoor storage for vehicles and equipment.
Located at 9213 Denton Avenue in Hudson, Florida, the asset is positioned for equipment-intensive uses and offers a functional office-to-warehouse layout within the existing site configuration.
Additional on-site utility and space support operations, including a private well and septic system. There is also a block outbuilding and a storage container for flexible storage needs. The property sits on nearly half an acre, providing space for employee and customer parking as well as outdoor storage for vehicles and equipment.
Located at 9213 Denton Avenue in Hudson, Florida, the asset is positioned for equipment-intensive uses and offers a functional office-to-warehouse layout within the existing site configuration.
Key Highlights
- C‑2 zoned commercial property with a main office and a 30' x 40' steel building
- Steel building includes dual 12' overhead doors and three‑phase electric service with two 200‑amp panels
- Main office features a reception area, multiple private offices, a kitchen, and two bathrooms
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
$17,222
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
3.63%
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%
$344,440
$344.4K
Cap Rate 7%
$246,029
$246.0K
Cap Rate 9%
$191,356
$191.4K
Market Conditions
NOI Build-Up for 1,600 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
$28.8K $18.00/SF
− Vacancy
−$2.3K −$1.44/SF
EGI
$26.5K $16.56/SF
− OpEx
−$9.3K −$5.80/SF
NOI
$17.2K $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%
$344,440
Cap Rate 7%
$246,029
Cap Rate 9%
$191,356
Alternative Uses
Best Use
Flex RnD
$246.0K
$215.3K – $287.0K
NOI $17,222 @ 7.0% cap · market cap 3.63%
Second Best
Warehouse
$222.7K
$194.9K – $259.8K
NOI $15,589 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$364.5K
$318.9K – $425.2K
NOI $25,513 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
223
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - C-2 zoned flex property with a main office and a 30' x 40' steel building featuring two 12' overhead doors.
Where is this flex space located?
The property is located at 9213 DENTON AVENUE Hudson, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: C‑2 zoned commercial property with a main office and a 30' x 40' steel building; Steel building includes dual 12' overhead doors and three‑phase electric service with two 200‑amp panels; Main office features a reception area, multiple private offices, a kitchen, and two bathrooms
