Financial
Distress signals
Property profile

224 Mariner Blvd Spring Hill, FL 34609

FOR SALE
Medical Office Space
Property ID
US19-0806651
10,064 SF 0.23 ac lot Built 2003
Last sale Apr 2022 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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224 Mariner Blvd, Spring Hill, FL 34609 For Sale
Contact for pricing 10,064 SF
224 Mariner Blvd, Spring Hill, FL 34609
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Property summary

AI-generated overview

An office condominium located in Spring Hill, Florida, with a total building area of 10,064 square feet on a 0.23-acre lot. The property has been remodeled and includes a replaced roof and interior paint. It is situated near Tampa General Spring Hill, with vehicle access and parking on-site. The interior configuration includes 17 patient rooms, 5 flex spaces, a waiting area, 4 private offices, and a large reception area with file storage space. An additional access door provides potential for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$1.40M
Assessed land$140k
Assessed improvement$1.26M
Effective rate1.52%

Value estimate

· Sep 2026
$655k
$590k – $721k
CAP approach$1.43M
Sales comparison$1.31M
NOI build-up
Gross scheduled income$254k
Vacancy & credit loss−$57k
Operating expenses−$49k
NOI · 5.47% cap applied$148k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$89 – $274
Qualifying comparables3

Cap rate analysis

How does the asset earn?
5.47%
$148k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHERNANDO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.1
Building Supply21.1
Restaurant20.5

Location

224 Mariner Blvd Spring Hill, FL 34609
County assessor Recorded deeds · 9 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11195 County Line, Spring Hill, FL 34609-5615 $2,670,000 Jul 2025 4,776 SF
443 Mariner, Spring Hill, FL 34609-5680 $805,000 Jul 2025 5,190 SF
Cortez, Spring Hill, FL 34609 $1,650,000 Jul 2022 6,000 SF
11115 County Line, Spring Hill, FL 34609-5615 $2,200,000 May 2021 16,800 SF
1377 Anderson Snow, Spring Hill, FL 34609-6321 $1,300,000 Jul 2019 5,776 SF
4075 Mariner, Spring Hill, FL 34609-2467 $850,000 Apr 2019 6,960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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