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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Retail space
11063 Hearth Rd Spring Hill, FL 34608-3725
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4487160
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1998
Construction
CONCRETE
Total area
4,000 SF
Lot
0.64 ac (28,019 SF)
APN
R32-323-17-5170-1120-0320
UPID
US18-4487160
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$800k
Owner & transaction history
E 3 Technical Solutions LLC · 2 yrs held
E 3 Technical Solutions LLC
since 2024
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+24.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
RETAIL STORES
$610,000
Current use
AUTO REPAIR, GARAGE
$760,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$540,000
Change: -11% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jul 2 2024)
Last sale anchor
$800k
Jul 2 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$200 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,987
Tax year 2022
Assessed value
$386,636
Assessed 2023
Previous assessed
$387,457
-0.2% YoY
Effective rate
1.55%
On assessed value
Assessed land
$143,049
Assessed improvement
$243,587
Land market value
$114,318
Improvement market value
$290,494
Total market value
$404,812
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
4
Total area
4,000 SF
Lot
0.64 ac (28,019 SF)
APN
R32-323-17-5170-1120-0320
UPID
US18-4487160
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$760,000
MEDICAL BUILDING
Est. value
$540,000
OFFICE BUILDING
Est. value
$520,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
4
Lot
0.64 ac
Current owner
From public records · entity-resolved
E 3 Technical Solutions LLC
Entity
Mailing address
11063 HEARTH RD, SPRING HILL, FL 34608-3725
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
$800,000
E 3 Technical Solutions LLC
Printing Plus Of Florida INC
Warranty Deed
$775,000 · Printing Plus INC
Jul 2, 2024
—
Printing Plus Of Florida INC
Printing Plus Of Florida INC
Intrafamily Transfer
related
—
Nov 2, 2018
$300,000
11063 Hearth Road Land Trust
Love Royston & Kelly L/tr
Warranty Deed
$425,000 · Love Royston & Kelly L/tr (rt)
Nov 5, 2014
—
Love,royston & Kelly Living Trust
Love,royston G W & Kelly
Quit Claim Deed
related
—
Oct 24, 1997
$63,000
Roy G Love
Spraker,marsha
Grant Deed
$198,995 · Barnett Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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