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Retail/Office Space on US Highway

18133 Us Highway 41 Spring Hill, FL

18133 Us Highway 41, Spring Hill, FL, 00000
Contact for pricing
For Sale
Contact for pricing

Commercial space in Opportunity Zone near Hernando and Pasco County.

Property Size1,344 SF
Lot Size0.54 Acres
Price / SF$259.67
Days on Market264

Property Features for 18133 Us Highway 41

General Information

Standard status
Active
Size
1,344 SF
Lot size
0.54 Acres
Property subtype
RETAIL
Listing agency NYE Commercial Advisors
Listed by Cody Brightwell · License #3341127
Source Moodyscre
Added: Oct 31, 2025 Updated: Jul 6 at 10:33AM Checked: Jul 21 at 4:41AM

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 NYE Commercial Advisors


Investment Insights

Based on property information with market context.

This 1,344 square-foot property is located on US Highway 41 in Spring Hill, Florida, situated on the border of Hernando and Pasco County, and is located in an Opportunity Zone. The property is suitable for commercial uses, residential uses, hotels/motels, and compatible light manufacturing, processing, and assembling of goods. The building includes three bedrooms/offices and two bathrooms. An additional 0.54-acre lot and an 800 square foot concrete block home are available next door. The properties could be combined to offer 1 acre of commercial land with two buildings.

Key Highlights

  • Located in Opportunity Zone
  • Commercial, residential, and hotel/motel uses permitted
  • Potential to combine with adjacent property for 1 acre of commercial land with two buildings

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 $33.9k $25.20
− Vacancy −$7.6k −$5.64
EGI $26.3k $19.56
− OpEx −$6.6k −$4.89
NOI $19.7k $14.67
1,344 SF · lease $25.20/SF/yr · vacancy 22.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$281.6K
$246.4K – $328.5K (±1% cap)
NOI $19,712 @ 7.0% cap · market cap 5.65%
Second Best
Retail
$247.2K
$216.3K – $288.4K (±1% cap)
NOI $17,305 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$429.7K
$376.0K – $501.3K (±1% cap)
NOI $30,079 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency HVAC Service Law Firm Building Supply Plumbing Service Kitchen & Bath Showroom Grocery & Convenience Store Spa & Massage Center Storage Facility Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Commercial space in Opportunity Zone near Hernando and Pasco County.
Where is this retail space located?
The property is located at 18133 Us Highway 41 Spring Hill, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Located in Opportunity Zone; Commercial, residential, and hotel/motel uses permitted; Potential to combine with adjacent property for 1 acre of commercial land with two buildings
Contact an agent
(813) 973-0214 Call to check price and availability
More about this property
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