Industrial Facility with Fenced
For Sale
$1,950,000
Pending
9324 EDEN AVE, Hudson, FL 34667
Well-maintained industrial building on fully fenced land with grade-level doors, 3-phase power, and climate-controlled workspace.
Property Size13,500 SF
Lot Size4.00 Acres
Days on Market96
Property Features for 9324 EDEN AVE
General Information
Standard status
Pending
Size
13,500 SF
Lot size
4.00 Acres
Property subtype
Industrial
Zoning
C-3
Additional Details
Business Included
Yes
Fenced Yard
Yes
Heavy Power
Yes
Taxes and HOA fees
Annual Taxes
$10,614
Building Details
Building Size
13,500 SF
Year Built
1998
Listing Agency:
FUTURE HOME REALTY INC
Listed By:
James Bailey · License #3368352
(727) 809-3038
Source:
Kingofrealestate
Added: Jun 15
Changed: Sep 17
Last Checked: Sep 18 at 11:25AM
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 FUTURE HOME REALTY INC
Investment Insights
Based on property information with market context.
This well-maintained industrial facility offers a versatile warehouse layout with multiple grade-level roll-up doors, 3-phase power, and a mix of office and climate-controlled workspace. The improvements include 5 offices and 2 bathrooms, along with additional structures designed to support industrial operations, including an enclosed spray booth, covered carport, and detached storage. The property sits on more than 4 acres of fully fenced yard space, providing secure area for equipment staging and day-to-day work flow.
The site provides immediate access to Little Road and US-19 in the North Hudson submarket. It is located in Pasco County’s C-3 zoning district, supporting a broad range of industrial and commercial uses.
For tenants and operators seeking a functional, turnkey industrial setup, the recent ownership maintenance is a practical differentiator. Major systems have been recently serviced or replaced, including HVAC, well, septic, air compressor, and roll-up doors, which can help reduce operational risk and ongoing capital concerns. The property also includes the ability to support contractors, distributors, and trades that require secure yard space paired with multiple building components for their workflow.
The site provides immediate access to Little Road and US-19 in the North Hudson submarket. It is located in Pasco County’s C-3 zoning district, supporting a broad range of industrial and commercial uses.
For tenants and operators seeking a functional, turnkey industrial setup, the recent ownership maintenance is a practical differentiator. Major systems have been recently serviced or replaced, including HVAC, well, septic, air compressor, and roll-up doors, which can help reduce operational risk and ongoing capital concerns. The property also includes the ability to support contractors, distributors, and trades that require secure yard space paired with multiple building components for their workflow.
Key Highlights
- 13,500 SF industrial facility with a small climate‑controlled warehouse and versatile warehouse layout
- 4 acres of fully fenced yard space, including additional enclosed spray booth, carport, and detached shed/storage
- Multiple grade‑level roll‑up doors and 3‑phase power for loading and operations
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
$145,314
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
7.45%
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%
$2,906,280
$2.9M
Cap Rate 7%
$2,075,914
$2.1M
Cap Rate 9%
$1,614,600
$1.6M
Market Conditions
NOI Build-Up for 13,500 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
$243.0K $18.00/SF
− Vacancy
−$19.4K −$1.44/SF
EGI
$223.6K $16.56/SF
− OpEx
−$78.2K −$5.80/SF
NOI
$145.3K $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%
$2,906,280
Cap Rate 7%
$2,075,914
Cap Rate 9%
$1,614,600
Alternative Uses
Best Use
Flex RnD
$2.08M
$1.82M – $2.42M
NOI $145,314 @ 7.0% cap · market cap 7.45%
Second Best
Warehouse
$1.88M
$1.64M – $2.19M
NOI $131,532 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,266 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
260
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained industrial building on fully fenced land with grade-level doors, 3-phase power, and climate-controlled workspace.
Where is this flex space located?
The property is located at 9324 EDEN AVE Hudson, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 13,500 SF industrial facility with a small climate‑controlled warehouse and versatile warehouse layout; 4 acres of fully fenced yard space, including additional enclosed spray booth, carport, and detached shed/storage; Multiple grade‑level roll‑up doors and 3‑phase power for loading and operations
