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15217 US Highway 19

1,311 SF Retail Building Hudson, FL 34667 £347,160 (£265/SF) 8.20% Net Initial Yield

Investment Highlights

  • 100' of road frontage on US Highway 19.

Executive Summary

Total Site Size: 0.34± Acres
• Building Size: 1,311 SF
• Stories: 1
• Frontage: 100’ on US Highway 19
• Commercial Use: Vehicle Sales/Dealer/Repair
• Construction: Wood Frame
• Cap Rate: 8.2%
• Year Built: 1977
• Zoning: 00C2 (Pasco County)
• Term Remaining: 5± Years
• Annual Rent: $36,000 Per Year NNN
• Escalations: 5% Annual

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,311 SF
Building Class
B
Year Built
1977
Price
£347,160
Price Per SF
£265
Net Initial Yield
8.20%
NOI
£28,467
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.34 AC
Opportunity Zone
Yes
Zoning
C2 - General Commercial
Parking
30 Spaces (22.88 Spaces per 1,000 SF Leased)
Frontage
100 ft on US Highway 19

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-24-16-0010-00000-00A0
Land Assessment
£53,997
Improvements Assessment
£11,547
Total Assessment
£65,544
  • Listing ID: 32906326

  • Date on Market: 07/08/2024

  • Last Updated:

  • Address: 15217 US Highway 19, Hudson, FL 34667

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