12160 Kadri Blvd Spring Hill, FL 34608
This exceptional 3.1-acre commercial land parcel, situated at 12160 Kadri Blvd in Spring Hill, Florida (zip code 34608), presents a unique development opportunity. Located in the high-traffic Hwy 50 corridor, this property boasts convenient access to major roadways including I-75, the Suncoast Parkway, and Hwy 41, ensuring high visibility and accessibility. The land is zoned for mixed-use development, ideal for medical offices, given its proximity to area hospitals. The property comprises two parcels and features existing infrastructure, including paved road frontage and pre-installed drainage retention areas on the east and west sides. A significant investment has already been made in planning and engineering, with $250,000 worth of completed plans for a large medical center available for transfer to the new owner. This turnkey opportunity eliminates significant upfront costs and streamlines the development process, making it an attractive investment for developers seeking a prime location and a head start on construction. The asking price for this exceptional property is $3,100,000. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.