15217 US HIGHWAY 19

$499,000

$381/sq ft

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Overview

Year Built

1977

Sqft

1311

Property Type

Business

Property Description

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.

Property Details

MLS#

TB8520383

Total Floor in Bldg

1

Address

15217 US HIGHWAY 19

City

Hudson

State/county

FL

Zip/Postal Code

34667

Area

Gulf Side Estates Second Add

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,442

Maint Fee

$--

Tax Year

2025

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Boris Gelfand