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    3606 Commercial Way Spring Hill, FL 34606

    For Sale
    $1,150,000

    4.2 Acres, High-Growth Area, Below Market

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.2-acre commercial land parcel presents a rare investment opportunity in Spring Hill, Florida. Located at 3606 Commercial Way, this property boasts a highly desirable location along US Hwy 19/Commercial Way, Spring Hill's busiest retail corridor. The site is zoned 10-010 (Vacant Commercial), allowing for a variety of development options including office, retail, and storage uses. Surrounded by numerous nationally recognized retailers such as Walmart, Target, and Home Depot, this property benefits from significant existing commercial activity and high visibility. Hernando County's projected high growth rate over the next five years further enhances the long-term investment potential of this strategically located land. The asking price of $1,150,000 represents a below-market value opportunity for savvy investors seeking to capitalize on the burgeoning commercial landscape of Spring Hill. This is a unique chance to acquire a substantial land holding in a prime location with excellent potential for significant return on investment. The property's address is 3606 Commercial Way, Spring Hill, FL 34606, within Hernando County. Don't miss this chance to secure a piece of Spring Hill's thriving commercial sector.

    Property Features for 3606 Commercial Way

    General Information

    Property type
    Land
    Lot Size
    182,952 SF

    HighLights

    • Commercially zoned vacant land in a high‑traffic retail area anchored by Walmart, Target, and Home Depot.
    • High growth potential in Hernando County over the next five years.
    • Below‑market‑value pricing for this rare land opportunity.
    • Prime location on US Hwy 19/Commercial Way, Spring Hill's busiest retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hill
    County
    Hernando
    State
    Florida
    Longitude
    -82.6039649
    Latitude
    28.4861487

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    FAQs

    What type of property is this?
    Land - 4.2 Acres, High-Growth Area, Below Market
    Where is this land located?
    The property is located at 3606 Commercial Way Spring Hill, FL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Commercially zoned vacant land in a high-traffic retail area anchored by Walmart, Target, and Home Depot.; High growth potential in Hernando County over the next five years.; Below-market-value pricing for this rare land opportunity.
    (813) 999-1947
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    3606 Commercial Way Spring Hill, FL 34606
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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
    3606 Commercial Way Spring Hill, FL 34606
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