Spacious Office Building Near
For Sale
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14270 Spring Hill Drive, Spring Hill, FL 34609
Office building with high visibility, ideal for professional services.
Property Size1,460 SF
Price / SF$410.27
Days on Market484
Property Features for 14270 Spring Hill Drive
General Information
Standard status
Active
Size
1,460 SF
Property subtype
Office
Listing Agency:
Century 21 Alliance Realty
Listed By:
Patricia Bolin · License #FL
(352) 428-3509
Source:
Crexi
Added: Jul 4, 2025
Changed: Oct 25
Last Checked: Oct 30 at 11:05AM
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 Century 21 Alliance Realty
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Investment Insights
Based on property information with market context.
This spacious 1,460-square-foot office building offers outstanding exposure on a main road near the Suncoast Parkway, providing a prime location with high traffic and excellent visibility. It is ideal for attorney, medical, wellness, or any professional service, offering the flexibility and location to grow a business. The property features a welcoming entrance and reception area, recently updated with elegant Italian tile, bamboo flooring, and fresh paint throughout. The functional layout includes a spacious treatment suite with cork flooring, along with 4 other private therapy rooms, a private office with en-suite and separate entrance, a beverage station, copy and file room, 2 storage areas, and laundry space. There are a total of two bathrooms that are both ADA accessible. A private paved parking lot offers space for 8 vehicles and 1 other, ensuring easy and convenient access for clients and staff. The property is strategically located near the Suncoast Parkway and Spring Hill Drive. Hernando County is experiencing rapid growth with several new residential communities and apartment complexes nearing completion, creating a steady stream of potential clients.
Key Highlights
- Prime location on a main road near Suncoast Parkway with high traffic and excellent visibility.
- Recently updated interior with elegant Italian tile and bamboo flooring.
- Functional layout includes a spacious treatment suite, 4 private therapy rooms, and a private office with en‑suite and separate entrance.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,413
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,260
$428.3K
Cap Rate 7%
$305,900
$305.9K
Cap Rate 9%
$237,922
$237.9K
Market Conditions
NOI Build-Up for 1,460 SF
Gross rent
$36.8K $25.20/SF
− Vacancy
−$8.2K −$5.64/SF
EGI
$28.6K $19.56/SF
− OpEx
−$7.1K −$4.89/SF
NOI
$21.4K $14.67/SF
Area
Spring Hill, FL
Vacancy
22.40%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,260
Cap Rate 7%
$305,900
Cap Rate 9%
$237,922
Alternative Uses
Best Use
Office B
$305.9K
$267.7K – $356.9K
NOI $21,413 @ 7.0% cap · market cap 3.57%
Second Best
Healthcare Medical
$268.8K
$235.2K – $313.6K
NOI $18,816 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$466.8K
$408.5K – $544.6K
NOI $32,676 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 34609, FL
43,997
Population
18,426
Households
2.4
Avg Household Size
46
Median Age
22%
College-Educated
91%
High-School Grad
22.2 sq mi
ZIP Area
1,982
Density / Sq Mi
$79,284
Median Household Income
$40,789
Median Earnings
$1,593
Median Rent
$275,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Office building with high visibility, ideal for professional services.
Where is this medical office space located?
The property is located at 14270 Spring Hill Drive Spring Hill, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime location on a main road near Suncoast Parkway with high traffic and excellent visibility.; Recently updated interior with elegant Italian tile and bamboo flooring.; Functional layout includes a spacious treatment suite, 4 private therapy rooms, and a private office with en‑suite and separate entrance.
