Adaptable Warehouse Space For
For Sale
Contact for pricing
Scheer Blvd, Hudson, FL
18,000 SF adaptable warehouse with high ceilings and office space.
Property Size18,000 SF
Lot Size2.45 Acres
Price / SF$175
Days on Market411
Property Features for Scheer Blvd
General Information
Standard status
Active
Size
18,000 SF
Lot size
2.45 Acres
Property subtype
INDUSTRIAL
Listing Agency:
O'Neil Commercial Advisors
(813) 787-5669
Listed By:
Cheri O'Neil · License #BK532677
(813) 787-5669
Source:
Moodyscre
Added: Jun 26, 2025
Changed: Jul 10
Last Checked: Aug 9 at 5:27AM
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 O'Neil Commercial Advisors
Investment Insights
Based on property information with market context.
This property features 18,000 square feet of adaptable warehouse space. The building includes high ceilings and a clear span layout. Loading docks and roll-up doors are present. Office space is available within the property. Generous parking is provided, and the property is secured with a gated entry and fencing. The location offers easy ingress and egress, with direct access to U.S. Highway 19.
Key Highlights
- Direct access to U.S. Highway 19
- 18,000 SF adaptable space
- Loading docks & roll‑up doors for easy 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
$193,752
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
6.15%
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%
$3,875,040
$3.9M
Cap Rate 7%
$2,767,886
$2.8M
Cap Rate 9%
$2,152,800
$2.2M
Market Conditions
NOI Build-Up for 18,000 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
$324.0K $18.00/SF
− Vacancy
−$25.9K −$1.44/SF
EGI
$298.1K $16.56/SF
− OpEx
−$104.3K −$5.80/SF
NOI
$193.8K $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%
$3,875,040
Cap Rate 7%
$2,767,886
Cap Rate 9%
$2,152,800
Alternative Uses
Best Use
Flex RnD
$2.77M
$2.42M – $3.23M
NOI $193,752 @ 7.0% cap · market cap 6.15%
Second Best
Warehouse
$2.51M
$2.19M – $2.92M
NOI $175,376 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$4.10M
$3.59M – $4.78M
NOI $287,021 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- E-Z Mini-Storage — 15830 U.S. Hwy 19, Hudson, FL 34667
- CubeSmart Self Storage — 9406 Fulton Ave, Hudson, FL 34667
- Denton Ave Boat & RV Storage — 8916 Denton Ave, Hudson, FL 34667
Frequently Asked Questions
What type of property is this?
Warehouse - 18,000 SF adaptable warehouse with high ceilings and office space.
Where is this warehouse located?
The property is located at Scheer Blvd Hudson, FL.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Direct access to U.S. Highway 19; 18,000 SF adaptable space; Loading docks & roll‑up doors for easy operations
