Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    County Line Road Spring Hill, FL 34609

    View on Map
    For Sale
    $775,000

    LAND - Spring Hill, FL

    Lot size:
    2.90 Acres
    Added:
    Aug 8, 2025
    Days on Market:
    236
    Last Refresh:
    Mar 31 at 7:06 pm

    Property Features for County Line Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    PDP
    Standard status
    Active
    APN
    R34 423 18 0000 0040 0000
    Lot size
    2.90 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    4469

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Liz Piedra
    Liz Piedra

    Listing agent Liz Piedra License #3038603

    Listing office Horizon Palm Realty Group 11534 Spring Hill Drive, Spring Hill, FL

    Listing date Aug 8, 2025

    MLS# 2255064

    Copyright © 2025 Hernando County Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This 2.9-acre commercial vacant parcel is located at the intersection of Sparks Road and County Line Rd, offering high visibility on County Line Road and Villages of Avalon Frontage Road. The site benefits from over 34,000 vehicles per day and is adjacent to a rapidly expanding residential base of 1,500+ new homes. It is conveniently located near a Publix Shopping Center via the established frontage road. The parcel offers off-site retention to maximize land use. Positioned in a high-growth corridor minutes from the Suncoast Parkway, the property is currently zoned PDP (Planned Development Project). The parcel previously advanced through zoning for C-2 Commercial use in 2024 to accommodate a drive-thru restaurant, alcoholic beverage dispensation, or mini-warehouse. A Staff Report is available and on file, providing a valuable head start for future entitlements. This location offers visibility, accessibility, and demand in one of Hernando County's most active growth zones. Potential uses include a retail strip, fast-food franchise, convenience store, or a flexible-use commercial facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Spring Hill
    County
    Pasco
    State
    Florida
    Longitude
    -82.574451
    Latitude
    28.433036

    Nearby Similar for Sale

    • $625,000
      3,000 SF

      Professional Office Building For Sale

      3,000 SF professional office building in Sand Hill Office Park.
      8352 FOREST OAKS BOULEVARD, SPRING HILL, FL 34606
      View Details
    • $6,995,000
      14,953 SF

      Premium Car Wash Investment Opportunity

      High-visibility car wash and detail center with additional income-producing buildings.
      1108 Commercial Way, Spring Hill, FL 34606
      View Details
    • $625,000
      3,000 SF

      Professional Office Building For Sale

      3,000 SF professional office building in Sand Hill Office Park.
      8352 FOREST OAKS BOULEVARD, SPRING HILL, FL 34606
      View Details
    • $355,000
      2,020 SF

      Spring Hill Duplex on Large Lot

      Duplex in Spring Hill near Weeki Wachee Springs State Park.
      1284 LONDON AVENUE, SPRING HILL, FL 34606
      View Details
    • $355,000
      2,020 SF

      Spring Hill Duplex For Sale

      Duplex on 0.23 acres with rental income potential.
      1284 London Avenue, Spring Hill, FL 34606
      View Details
    • $369,000
      1,932 SF

      Spring Hill Duplex: Income Property

      Turnkey duplex in Spring Hill with long-term tenants.
      7567 SPRING HILL DRIVE, SPRING HILL, FL 34606
      View Details
    • $250,000

      Commercial Land on US-19

      High-visibility commercial lot on US-19 in Spring Hill, FL.
      Commercial Way, Spring Hill, FL 34606
      View Details
    • $775,000
      121,968 SF

      Prime Commercial Land Opportunity

      2.9-acre commercial parcel in high-growth area near Suncoast Parkway.
      0000 COUNTY LINE ROAD, SPRING HILL, FL 34609
      View Details
    • $4,400,000
      14,978 SF

      Silverthorn Golf Course Opportunity

      Premier 18-hole championship golf course on nearly 200 acres.
      4460 GOLF CLUB LANE, SPRING HILL, FL 34609
      View Details
    • $4,400,000
      14,978 SF

      Silverthorn Golf Course Opportunity

      Premier 18-hole golf course on nearly 200 acres in Florida.
      4460 GOLF CLUB LANE, SPRING HILL, FL 34609
      View Details
    • $149,000

      Commercial Lot in Growing Area

      Prime commercial lot with development potential near major roads.
      13786 LINDEN DRIVE, SPRING HILL, FL 34609
      View Details
    • $150,000

      Commercial Land in Spring Hill

      Prime commercial land for sale in a desirable location.
      Linden Drive, Spring Hill, FL 34609
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.9 acres in high-growth area near Suncoast Parkway.
    Where is this commercial land located?
    The property is located at County Line Road Spring Hill, FL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: High‑visibility 2.9‑acre commercial parcel at the intersection of Sparks Road and County Line Road.; Located in a high‑growth corridor with over 34,000 vehicles per day.; Adjacent to a rapidly expanding residential base of 1,500+ new homes.
    (352) 398-0666
    We can help!
    Listing Contact
    Liz Piedra
    Liz Piedra
    Real Estate License ID: 3038603
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!