Active
15217 US HIGHWAY 19
$499,000
Features:
Property Details
Remarks
A premier, fully-occupied passive investment opportunity in Hudson, Florida. This 0.34 acre site features a 1,311 SF building with a two-bay automotive service garage. The property features 100 feet of direct US-19 frontage (40,000 AADT) and has a dedicated turn lane. The asset is secured by a 7-year absolute NNN lease (through November 2032), leaving the landlord with zero expense obligations as the tenant covers all taxes, insurance, and maintenance. Featuring an annual NOI of $42,000 (year 1) with 3% annual increases and priced at an 8.42% CAP rate, this is a prime passive investment opportunity along a major Florida growth corridor.
Financial Considerations
Price:
$499,000
HOA Fee:
N/A
Tax Amount:
$1442.51
Price per SqFt:
$380.63
Tax Legal Description:
GULF SIDE ESTATES SECOND ADD PB 6 PG 148 PORTION OF LOT A & TOGETHER WITH PORTION OF NW1/4 OF SW1/4 OF SEC ALL DESC AS COM MOST ELY COR LOT A TH ALG N LN LOT A AKA S LN OF NW1/4 OF SW1/4 OF SEC N89DG 57' 24"W 157.18 FT FOR POB TH PARALLEL WITH SWLY LN OF LOT A S50DG 26' 56"E 121.27 FT TO SELY LN OF LOT A TH ALG SAID SELY LN S39DG 33' 04"W 100.00 FT TO MOST SLY COR LOT A TH N50DG 26' 56"W 150.00 FT TO MOST WLY COR LOT A TH ALG NWLY LN OF LOT A & ITS NELY EXTENSION N39DG 33' 04"E 100.00 FT TH S50DG 26' 56"E 28.73 FT TO POB AKA PCL NO 2 & PCL NO 3 OR 1239 PG 1703 OR 1360 PG 1378 OR 9405 PG 2424 OR 9623 PG 2715
Exterior Features
Lot Size:
15000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Secured
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Office Only
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
1977
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Southeast
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
- Address15217 US HIGHWAY 19
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