15525 & 15527 Shady Hills Road Spring Hill, FL 34610
SINGLE_FAMILY - Spring Hill, FL
Property Features for 15525 & 15527 Shady Hills Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- Out of County
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 24-24-17-0000-00200-0014
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2389
Utilities
- Sewer type
- Septic Tank
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block, Concrete, ModularPrefab
- Roof type
- Shingle, Asphalt
Listing agent Dan Dempsey License #706738 (813) 843-5757
Listing office Tropic Shores Realty 6460 W Gulf to Lake Hwy, Spring Hill, FL (352) 503-4780
Listing date Dec 16, 2024
Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 15525 & 15527 Shady Hills Road in Spring Hill, Florida, in Pasco County. The remarks note proximity to schools, next to Elsie Park, and that it is about 2 miles from an upcoming community and 3 miles from a new 55+ resort.
For tenants or buyers looking for a live-and-work setup, the layout allows one owner to operate the restaurant/bar/pizzeria/bakery-or-cafe concept while maintaining a separate private residence. The listing also notes that the restaurant could be purchased separately, supporting flexibility for different ownership or operating structures.
Key Highlights
- 2000 sq ft commercial space perfect for a restaurant, bar, pizzeria, or bakery/cafe.
- Private 2000 sq ft mobile home offers a pool and serene surroundings.
- Prime restaurant location near schools, Elsie Park, and new/upcoming communities.
Local Financial Insights For Specialty Retail
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 | $40.8k | $20.40 |
| − Vacancy | −$2.8k | −$1.39 |
| EGI | $38.0k | $19.01 |
| − OpEx | −$9.5k | −$4.75 |
| NOI | $28.5k | $14.26 |
