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    Commercial Way Spring Hill, FL 34607

    For Sale
    $1,800,000

    12.53 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 12.53-acre commercial land parcel presents a remarkable investment opportunity in Spring Hill, Florida. Located on Commercial Way (US 19), near the intersection of County Line Road, this property boasts an impressive 1,409 feet of frontage along a major thoroughfare experiencing over 40,000 vehicles daily. The site is zoned C-2, offering significant development potential. Future land use designations indicate that a substantial portion of the property falls under Commercial General zoning. This fee simple ownership provides complete control and flexibility for future projects. The strategic location, high traffic volume, and expansive lot size make this an ideal site for a variety of commercial ventures. The property's accessibility and visibility ensure high exposure for any development. This is a rare chance to acquire a prime development site in a thriving area with exceptional growth potential. The property's size and zoning provide ample opportunity for a diverse range of commercial uses, making it an attractive investment for both developers and long-term investors. Hernando County's robust economy and growing population further enhance the value and potential of this exceptional property. The 34607 zip code offers easy access to major transportation routes and amenities.

    Property Features for 0 Commercial Way

    General Information

    Property type
    Land
    Lot Size
    545,807 SF

    HighLights

    • $1,800,000 asking price.
    • 12.53‑acre commercial land parcel.
    • C‑2 zoning.
    • Fee simple ownership.
    • Located on Commercial Way in Spring Hill, Hernando County, Florida (34607).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spring Hill
    County
    Hernando
    State
    Florida
    Longitude
    -82.639843030936
    Latitude
    28.434179958126

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    FAQs

    What type of property is this?
    Land - 12.53 Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at Commercial Way Spring Hill, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price.; 12.53-acre commercial land parcel.; C-2 zoning.
    Request Owner's contact information
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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
    Commercial Way Spring Hill, FL 34607
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