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Financial
Distress signals
Property profile

1108 Commercial Way Spring Hill, FL 34606

FOR LEASE
Other car washes
Property ID
US18-1698465
11,353 SF 2.6 ac lot Built 1988
Last sale Jun 2014 · $1,915,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 1108 Commercial Way, Spring Hill, Florida 34606 is configured for a build-to-suit leasing scenario and offers up to approximately 4,500 square feet of space located on the second story above a carwash and detail center. The available area is described as suitable for mixed office uses and for fitness or training-focused concepts such as a gym, dance studio, or dojo, with the specific configuration subject to confirmation during a tenant build-to-suit scope. The setting is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value · 2023$1.25M
Assessed land$508k
Assessed improvement$746k
Effective rate1.52%

Value estimate

· Oct 2026
$475k
$428k – $523k
NOI build-up
Gross scheduled income$91k
Vacancy & credit loss−$6k
Operating expenses−$25k
NOI · 32,776.67% cap applied$59k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$190/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$93 – $329

Cap rate analysis

How does the asset earn?
32,776.67%
$59k 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 index
Realty agency15.4
Building Supply12.7
Kitchen & Bath12.1

Location

1108 Commercial Way Spring Hill, FL 34606
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

1 recorded sale · 15 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
4330 Commercial, Spring Hill, FL 34606-1903 $4,272,327 Apr 2023 4,224 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 in this city
4 properties of the same type in this city
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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?”
More about this property
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