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    19 & Gln Lk Blvd Spring Hill, FL 34613

    For Sale
    $1,500,000

    12.62 Acres, US 19, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 12.62-acre commercial land parcel presents a remarkable investment opportunity in the thriving Spring Hill, Florida market. Strategically located at the intersection of US 19 and Glen Lakes Boulevard, this property boasts unparalleled visibility and accessibility. Its prime location directly across from a Publix supermarket and other national retailers ensures high foot traffic and strong consumer presence. The site is zoned PDP General Commercial, allowing for a variety of retail and restaurant developments, including ground lease or build-to-suit options. This makes it ideal for developers seeking to capitalize on the area's robust growth. The property's substantial size offers ample space for a large-scale development, catering to the needs of a diverse range of businesses. Furthermore, the immediate area is experiencing significant residential growth, with several new housing developments underway, creating a strong and expanding customer base for future tenants. US 19, the main north-south thoroughfare in Hernando County, guarantees exceptional exposure and convenient access for customers. The asking price for this exceptional property is $1,500,000. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly expanding market. Contact us today to learn more about this exciting opportunity.

    Property Features for 19 & Gln Lk Blvd

    General Information

    Property type
    Land
    Lot Size
    549,727 SF

    HighLights

    • Retail development site across from Publix & other national retailers.
    • High‑visibility location on US 19, Hernando County's main north‑south artery.
    • PDP General Commercial zoning.
    • Surrounded by new residential developments.
    • 12.62‑acre parcel, $1,500,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spring Hill
    County
    Hernando
    State
    Florida
    Longitude
    -82.5589839
    Latitude
    28.5667977

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    FAQs

    What type of property is this?
    Land - 12.62 Acres, US 19, High-Traffic Location
    Where is this land located?
    The property is located at 19 & Gln Lk Blvd Spring Hill, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Retail development site across from Publix & other national retailers.; High-visibility location on US 19, Hernando County's main north-south artery.; PDP General Commercial zoning.
    Request Owner's contact information
    19 & Gln Lk Blvd Spring Hill, FL 34613
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    Realmo Value Estimation

    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.

    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.

    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
    19 & Gln Lk Blvd Spring Hill, FL 34613
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