This well-maintained, 2,948 sq ft office building sits on a 0.59-acre lot at a busy Hudson intersection (US Hwy 19 & SR 52), boasting prominent signage including a 2-tier lighted street pole sign and 4-sided building signage. Currently housing a law firm, its high visibility has proven highly successful. Neighboring businesses include CVS, McDonald's, and Wendy's. The building features a separate visitor waiting room, nine individual offices, an equipment room, two bathrooms, a full kitchen, and a loft storage area. Ample parking is available. The versatile layout, previously used as a bank and fast-food restaurant (drive-through window and overhang remain), is ideal for various professional uses, including medical practices or law firms. The building offers owner-occupier potential, with the opportunity to lease out additional space for supplemental income. Recent improvements include fresh paint and a resealed/restriped parking lot. Showings are available after 5 pm weekdays and weekends to minimize disruption to existing tenants. The owners are open to leasing options. Priced at $995,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$611,401
6.5%
$564,371
7%
$524,058
Comparable approach
Method
Valuation
Relative Method
$325,105
Geo Method
$325,105
Alternative Use
Use
Valuation
Residential
$699,820
Hospitality
$641,031
Educational
$533,330
Medical
$551,672
Retail
$829,625
Location Insight
City
Hudson
County
Pasco
State
Florida
Latitude
28.3317
Longitude
-82.6986
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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