11151 Spring Hill Drive, Spring Hill, FL 34609
Zoned for medical office use with strong thoroughfare visibility and signage, offering flexibility for healthcare and select retail conversion.
- Added:
- May 21, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 14 at 1:56 am
Property Features for 11151 Spring Hill Drive
General Information
- Standard status
- Active
- Size
- 1,943 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing agent Caroline Hanna License #3177435
Listing office CHARLES RUTENBERG REALTY INC (727) 538-9200
Listing date May 21, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CHARLES RUTENBERG REALTY INC
HighLights
- Free‑standing medical office building at 11151 Spring Hill Dr in Spring Hill
- Zoned specifically for medical office use
- Built in 1984
- Central air cooling
- No pool on the property; includes 3 guest facilities
Overview
Located at 11151 Spring Hill Drive in Spring Hill, the building is presented as having strong visibility along a busy Spring Hill Dr corridor. The remarks emphasize easy accessibility for both patients and staff, along with frontage and signage visibility on one of the area’s primary thoroughfares. The surrounding area includes established national anchors, including CVS, Walgreens, and Winn-Dixie, supporting a retail and healthcare hub environment within the broader Spring Hill commercial corridor.
For tenants and buyers seeking a stand-alone option, the property’s medical office zoning and frontage-oriented presence make it a practical fit for healthcare providers looking for a dedicated facility. For operators exploring diversification, the stated ability to convert the office space to retail uses broadens the potential tenant and business mix without changing the property’s core, street-facing setup.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.0k | $25.20 |
| − Vacancy | −$11.0k | −$5.64 |
| EGI | $38.0k | $19.56 |
| − OpEx | −$9.5k | −$4.89 |
| NOI | $28.5k | $14.67 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Apex Veterinary Hospital — 15254 Spring Hill Dr, Spring Hill, FL 34604
Location Insight
- Map
- Local Demand
- City
- Spring Hill
- County
- Pasco
- State
- Florida
- Longitude
- -82.5387386
- Latitude
- 28.4622291
