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    The Largest CRE Database in the US with Over 1 Million Listings

    Alan F. Hengesbach, Spring Hill, FL

    License ID: BK161000
    Years of Experience
    18
    Association
    Hernando County Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (352) 684-9000
    Office Address:
    3241 Commercial Way, Spring Hill, FL 34606

    Property Types

    • Land

    Performance

    Listings
    81
    Total transactions
    125
    Total transactions amount
    $17M
    Price range
    $91k - 204k
    Average price
    $136k

    Listings

    For Sale (81)

    View map
    • Contact for pricing
      0.23 Acres

      Citrus Springs Homesite Opportunity

      Residential land available in Citrus Springs, Florida.
      8591 N Vince Dr, Citrus Springs, FL 34434
      View Details
    • Contact for pricing
      0.23 Acres

      Citrus Springs Homesite Opportunity

      Residential land available in Citrus Springs, Florida.
      7939 N Santos Dr, Citrus Springs, FL 34434
      View Details
    • $39,900
      Pending

      Land in Weeki Wachee, FL

      Residential land for sale in Weeki Wachee, Florida.
      Peregrine Falcon Ave, Weeki Wachee, FL 34614
      View Details
    • $39,900
      Pending

      Land Near US 19, Hwy 50

      Commercial land available near US 19 and Hwy 50.
      Kodiak Wren Rd, Brooksville, FL 34614
      View Details
    • Contact for pricing
      Pending

      Corner Lot in Citrus Springs

      Corner lot available in Citrus Springs, Florida.
      2917 W Elgin Pl, Citrus Springs, FL 34434
      View Details
    • Contact for pricing
      0.19 Acres

      Citrus Springs Land For Sale

      Land available in Citrus Springs, Florida.
      9348 N Ashbury Dr, Citrus Springs, FL 34434
      View Details
    • $49,900
      Pending

      Land in Spring Hill, FL

      Land available in the heart of Spring Hill, Florida.
      Charmwood Ave, Spring Hill, FL 34609
      View Details
    • $50,000
      Pending

      Brooksville Land For Sale

      0.83 acre lot with paved road access in Brooksville.
      Mirage Ave, Brooksville, FL 34614
      View Details
    • Contact for pricing
      0.26 Acres

      Citrus Springs Land For Sale

      Oversized lot in prime cul-de-sac location in Citrus Springs.
      1799 W Blackhawk Ct, Citrus Springs, FL 34434
      View Details
    • Contact for pricing
      Pending

      Citrus Springs Land For Sale

      Land in an area with homes.
      1454 W Diamond Dr, Citrus Springs, FL 34434
      View Details
    • $50,000
      Pending

      Corner Lot in Brooksville, FL

      0.70 acre corner lot with paved road access.
      Millington Ave, Brooksville, FL 34614
      View Details
    • Contact for pricing
      Pending

      Dunnellon, FL Land For Sale

      Land available in Dunnellon, Florida.
      1174 W Galgano St, Dunnellon, FL 34434
      View Details
    • Contact for pricing
      0.31 Acres

      Dunnellon, FL Oversized Land Lot

      Oversized 0.31 acre lot near US 41 in Dunnellon.
      7436 N Iron Pt, Dunnellon, FL 34434
      View Details
    • Contact for pricing
      Pending

      Dunnellon, FL Land For Sale

      Land for sale in Dunnellon, Florida, 0.23 acres.
      1160 W Galgano St, Dunnellon, FL 34434
      View Details
    • $2,200,000
      Pending

      Pasco Land with Golf Range

      19.5 acres near Suncoast Parkway with development potential.
      18240 County Line Rd, Spring Hill, FL 34610
      View Details
    • Contact for pricing
      0.30 Acres

      Dunnellon, FL Corner Lot

      Corner lot in Dunnellon, Florida for sale.
      6585 W Whispering Dr, Dunnellon, FL 34434
      View Details
    • $50,000
      Pending

      Residential Land in Spring Hill

      Standard lot in a quiet Spring Hill location.
      Janet Ave, Spring Hill, FL 34608
      View Details
    • $55,000
      Pending

      Residential Land in Spring Hill

      Residential land in a quiet, convenient Spring Hill location.
      Salerno Ave, Spring Hill, FL 34609
      View Details
    • Contact for pricing
      0.23 Acres

      Citrus Springs Land For Sale

      Land available in Citrus Springs, Florida.
      2256 W Galaxy Ln, Citrus Springs, FL 34434
      View Details
    • $55,000
      Pending

      Land in Weeki Wachee, FL

      Land with access to US 19 and Hwy 50.
      Horned Owl Rd, Weeki Wachee, FL 34614
      View Details
    • $50,000
      0.58 Acres

      Ocala, FL Acreage Lot

      Excellent 0.58 acre lot in Ocala, Florida.
      177 177Th Place Rd, Ocala, FL 34473
      View Details
    • $62,900
      Pending

      Land in Spring Hill, FL

      Residential land available in a quiet Spring Hill neighborhood.
      Libby Rd, Spring Hill, FL 34609
      View Details
    • Contact for pricing
      0.17 Acres

      Citrus Springs Land For Sale

      Land available in Citrus Springs, Florida.
      9340 N Ashbury Dr, Citrus Springs, FL 34434
      View Details
    • Contact for pricing
      0.23 Acres

      Dunnellon, FL Land For Sale

      Land for sale in Dunnellon, Florida.
      6575 W Whispering Dr, Dunnellon, FL 34434
      View Details
    • Contact for pricing
      0.23 Acres

      Dunnellon, FL Land For Sale

      Six contiguous lots for sale as one package in Dunnellon.
      6581 W Whispering Dr, Dunnellon, FL 34434
      View Details
    • $59,900
      Pending

      Land in Brooksville, Florida

      Desirable 0.98-acre land parcel, ready for development.
      Mirage Ave, Brooksville, FL 34614
      View Details
    • New
      $95,000
      Pending

      Beverly Hills Land For Sale

      1.12 acre commercial land in quiet residential area.
      6005 N Oakmont Dr, Beverly Hills, FL 34465
      View Details
    • $35,000
      Pending

      Corner Lot in Homosassa, FL

      0.33 acre corner lot with greenbelt in Homosassa.
      18 Glenridge Cir, Homosassa, FL 34446
      View Details
    • $39,900
      Pending

      Residential Land in Weeki Wachee

      Land for sale in a quiet Weeki Wachee area.
      Robin Ave, Weeki Wachee, FL 34614
      View Details
    • Contact for pricing
      0.23 Acres

      Citrus Springs Land For Sale

      Land for sale in Citrus Springs, Florida, quiet street.
      8195 N Maltese Dr, Citrus Springs, FL 34433
      View Details
    • $39,900
      Pending

      Residential Land in Weeki Wachee

      Residential land for sale in a quiet Weeki Wachee neighborhood.
      12180 Scarlet Ibis Ave, Weeki Wachee, FL 34614
      View Details
    • $36,500
      Pending

      Residential Land in Weeki Wachee

      Residential land available in Weeki Wachee, Florida.
      14151 Canyon Swallow Rd, Weeki Wachee, FL 34614
      View Details
    • $50,000
      Pending

      Corner Lot Near Hexam Road

      Corner lot available in Brooksville, Florida.
      Convent Garden Rd, Brooksville, FL 34613
      View Details
    • $39,900
      Pending

      Residential Land in Weeki Wachee

      Residential land for sale in a quiet Weeki Wachee cul-de-sac.
      Innsbruck Rd, Weeki Wachee, FL 34614
      View Details
    • $45,000
      Pending

      Residential Land in Weeki Wachee

      Land for residential development close to Hexam, Weeki Wachee, Florida.
      Fulmar Rd, Weeki Wachee, FL 34614
      View Details
    • $55,000
      Pending

      Corner Lot Near Veterans Expressway

      Corner lot near Veterans Expressway in a nice neighborhood.
      Cooper Rd, Spring Hill, FL 34609
      View Details
    • $39,900
      Pending

      Land Near Hexam Road

      Commercial land available near US-19 and Hwy 50 in Brooksville, FL.
      Kodiak Wren Rd, Brooksville, FL 34614
      View Details
    • $45,000
      Pending

      Residential Land in Brooksville, FL

      Land for sale in an area of nice homes.
      Lomita Wren Rd, Brooksville, FL 34614
      View Details
    • $65,000
      Pending

      Corner Lot in Spring Hill

      Oversized corner lot with shopping access in Spring Hill, Florida.
      Courtland Rd, Spring Hill, FL 34608
      View Details
    • Contact for pricing
      Pending

      Land in Quiet Brooksville Street

      Residential land available in Brooksville, Florida.
      Honeycreeper Rd, Brooksville, FL 34614
      View Details
    • Contact for pricing
      Pending

      Residential Land in Weeki Wachee

      Residential land available in Weeki Wachee, Florida.
      Ivy Mount Ivy Rd, Weeki Wachee, FL 34614
      View Details
    • Contact for pricing
      0.33 Acres

      Corner Lot in Citrus Springs

      Corner lot available in Citrus Springs, Florida.
      9198 N Golfview Dr, Citrus Springs, FL 34434
      View Details
    • Contact for pricing
      Pending

      Land in Weeki Wachee, FL

      Commercial land available in Weeki Wachee, Florida.
      00780079 Eadom Ave, Weeki Wachee, FL 34614
      View Details
    • $54,900
      Pending

      Spring Hill Land Building Site

      Building site in quiet area, backing to waterway for privacy.
      Tryon Cir, Spring Hill, FL 34606
      View Details
    • Contact for pricing
      Pending

      Residential Land in Weeki Wachee

      Land in Weeki Wachee, Florida, with easy access.
      Limpkin Rd, Weeki Wachee, FL 34614
      View Details
    • Contact for pricing
      Pending

      Residential Homesite Land in Weeki

      Residential land available in Weeki Wachee, Florida.
      Mount Ivy Rd, Weeki Wachee, FL 34614
      View Details
    • $56,900
      Pending

      Residential Land in Spring Hill

      Multi-family duplex lot in Spring Hill, Florida.
      Jason Rd, Spring Hill, FL 34608
      View Details
    • Contact for pricing
      Pending

      Land in Brooksville, Florida

      Residential land available in Brooksville, Florida.
      Honeycreeper Rd, Brooksville, FL 34614
      View Details
    • $40,000
      Pending

      Brooksville Land Parcel For Sale

      Approximately one acre of land in Brooksville, Florida.
      Snow Lark Ave, Brooksville, FL 34614
      View Details
    • Contact for pricing
      Pending

      Land For Sale, Weeki Wachee

      Land available in Weeki Wachee, Florida.
      9 Eadom Ave, Weeki Wachee, FL 34614
      View Details
    • $37,500
      Pending

      Brooksville Land Opportunity

      Residential building lot available in Brooksville, Florida.
      Millerdale Rd, Brooksville, FL 34613
      View Details
    • $36,500
      Pending

      Residential Lot in Brooksville, FL

      Residential land for sale in Brooksville, Florida.
      Eastern Phoebe Rd, Brooksville, FL 34614
      View Details
    • $45,000
      Pending

      Weeki Wachee Land For Sale

      Residential land available in Weeki Wachee, Florida.
      15413 Pomp Pkwy, Weeki Wachee, FL 34614
      View Details
    • Contact for pricing
      Pending

      Residential Land in Weeki Wachee

      Corner lot with rear privacy in Weeki Wachee, Florida.
      Mount Ivy Rd, Weeki Wachee, FL 34614
      View Details
    • $49,900
      Pending

      Brooksville Land Near US 19

      1+ acre lot near US 19 with paved road access.
      Mexican Canary Ave, Brooksville, FL 34614
      View Details
    • Contact for pricing
      0.23 Acres

      Dunnellon Land Near US 41

      Land for sale near US 41 in Dunnellon, Florida.
      7472 N Iron Pt, Dunnellon, FL 34434
      View Details
    • $30,000
      Pending

      Residential Land in Brooksville, Florida

      Land lot on paved road suitable for residential development.
      Thrasher Rd, Brooksville, FL 34614
      View Details
    • $35,000
      Pending

      Brooksville, FL Building Lot

      Excellent building lot on paved road, little over 1/2 acre.
      Quigley Ave, Brooksville, FL 34614
      View Details
    • $39,900
      Pending

      Residential Land in Weeki Wachee

      Residential land for sale in Weeki Wachee, Florida.
      Innsbruck Rd, Weeki Wachee, FL 34614
      View Details
    • $39,900
      Pending

      Land For Sale, Brooksville, FL

      Land with paved road access in Brooksville, Florida.
      Lomita Wren Rd, Brooksville, FL 34614
      View Details
    • $36,500
      Pending

      Corner Lot on Paved Road

      Residential land in Brooksville, Florida, on a paved corner lot.
      Ruffed Grouse Rd, Brooksville, FL 34614
      View Details
    • Contact for pricing
      0.27 Acres

      Dunnellon, FL Corner Lot

      Corner lot near US 41 in Dunnellon, Florida.
      7402 N Iron Pt, Dunnellon, FL 34434
      View Details
    • $62,900
      Pending

      Land in Spring Hill, FL

      Land for sale in the heart of Spring Hill, Florida.
      Murraysville Dr, Spring Hill, FL 34609
      View Details
    • Contact for pricing
      Pending

      Land in Weeki Wachee, FL

      Residential land available in Weeki Wachee, Florida.
      Earline Rd, Weeki Wachee, FL 34614
      View Details
    • $55,000
      Pending

      Land in Spring Hill, FL

      Land for sale in Spring Hill, Florida.
      Harbinger Rd, Spring Hill, FL 34608
      View Details
    • $39,900
      0.38 Acres

      Homosassa Land For Sale

      Residential land in an area of nice homes.
      36 Village Center Dr, Homosassa, FL 34446
      View Details
    • $36,900
      Pending

      Corner Lot in Homosassa, FL

      Corner lot available in Homosassa, Florida.
      1 Sanders Ct W, Homosassa, FL 34446
      View Details
    • Contact for pricing
      0.23 Acres

      Dunnellon, FL Land For Sale

      Land for sale in a quiet, convenient Dunnellon location.
      396 W Macon Ln, Dunnellon, FL 34434
      View Details
    • $40,000
      Pending

      Land in Homosassa, Florida

      Land with easy access to US 98 and shopping.
      12 Cactus St, Homosassa, FL 34446
      View Details
    • Contact for pricing
      0.23 Acres

      Dunnellon, FL Land For Sale

      Land for sale in a quiet area of Dunnellon.
      6410 W Whispering Dr, Dunnellon, FL 34434
      View Details
    • $68,900
      0.77 Acres

      Citrus Springs Land Package

      Three adjacent lots totaling 0.77 acres with highway access.
      1930 W Oliver Dr, Citrus Springs, FL 34434
      View Details
    • Contact for pricing
      Pending

      Citrus Springs Land For Sale

      Vacant land in Citrus Springs, Florida, ideal for development.
      8567 N Spartan Dr, Citrus Springs, FL 34433
      View Details
    • Contact for pricing
      0.23 Acres

      Citrus Springs Land For Sale

      Vacant lot in Citrus Springs, Florida, suitable for development.
      7602 N Udal Dr, Citrus Springs, FL 34434
      View Details
    • $75,000
      0.28 Acres

      Corner Site Near Veterans Expressway

      Corner lot near Veterans Expressway in a popular area.
      Brighton St, Spring Hill, FL 34609
      View Details
    • Contact for pricing
      0.26 Acres

      Citrus Springs Homesite For Sale

      Residential land in Citrus Springs, Florida, ideal for building.
      3183 W Citrus Springs Blvd, Citrus Springs, FL 34433
      View Details
    • Contact for pricing
      0.29 Acres

      Corner Lot in Citrus Springs

      Corner lot in a convenient Citrus Springs location.
      8689 N Sandree Dr, Citrus Springs, FL 34434
      View Details
    • Contact for pricing
      0.26 Acres

      Citrus Springs Homesite Opportunity

      Residential land for sale in Citrus Springs, Florida.
      9001 N Barbados Way, Citrus Springs, FL 34433
      View Details
    • Contact for pricing
      0.23 Acres

      Citrus Springs Homesite Opportunity

      Residential land available in Citrus Springs, Florida.
      8976 N Creek Way, Citrus Springs, FL 34434
      View Details
    • $95,000
      1.00 Acre

      Acre Site Backs Golf Course

      One acre commercial land for sale backing old golf course.
      2581 W Begonia Dr, Beverly Hills, FL 34465
      View Details
    • Contact for pricing

      Commercial Land for Sale

      Commercial land available in a desirable location, suitable for business.
      5 Gaarder Rd, Holmen, WI 54636
      View Details
    • $2,200,000
      Pending

      19.5 Acres with Golf Range

      19.5 acres near Suncoast Parkway, currently a golf driving range.
      18240 County Line Rd, Spring Hill, FL 34610
      View Details

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    • For Sale

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    Alan F. Hengesbach, Spring Hill, FL
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Alan F. Hengesbach, Spring Hill, FL
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