Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1130 Commercial Way Spring Hill, FL 34606-4518

    • Medical offices
    • 10,020 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $3,960,000
    Last Sale
    Dec 17, 2021
    $4,506,495
    Location Intelligence
    Property ID
    US18-5117974
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 1130 Commercial Way

    Year built
    2004
    Construction
    CONCRETE
    Lot size
    1.73 lot acres
    Property size
    10,020 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    R29-223-17-3582-0002-0010
    APU
    R2922317358200020010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,050,000
      6.5%
      $4,655,000
      7%
      $4,115,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,250,000
      Geo Method
      $4,610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,500,000
      Retail
      $4,150,000
      Mixed-Use
      $4,820,000
      Hospitality
      $5,025,000
      Educational
      $4,865,000
      Residential Income
      $5,355,000
      Energy
      $5,000,000
      Income-Based Land
      $4,675,000
      Food Service
      $4,180,000

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hill
    County
    Hernando
    State
    Florida
    Longitude
    -82.6317
    Latitude
    28.4489
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $21,588
    $590,457
    $831,006
    $1,421,463
    -
    $499,129
    $922,334
    $1,421,463

    Comparable in this City

    • Value Estimation by Request
      5,720 SF

      1377 Deltona Blvd

      MEDICAL BUILDING • 5,720 SF
      1377 Deltona Blvd, Spring Hill, FL 34606-4412
      View Details
    • Value Estimation by Request
      3,608 SF

      8468 Northcliffe Blvd

      MEDICAL BUILDING • 3,608 SF
      8468 Northcliffe Blvd, Spring Hill, FL 34606-1140
      View Details
    • Value Estimation
      $1,040,000
      3,805 SF

      5060 Commercial Way

      MEDICAL BUILDING • 3,805 SF
      5060 Commercial Way, Spring Hill, FL 34606-1927
      View Details
    • Value Estimation by Request
      5,098 SF

      1221 Antilles Ln

      MEDICAL BUILDING • 5,098 SF
      1221 Antilles Ln, Spring Hill, FL 34606-4506
      View Details
    • Value Estimation by Request
      6,991 SF

      1530 Pinehurst Dr

      MEDICAL BUILDING • 6,991 SF
      1530 Pinehurst Dr, Spring Hill, FL 34606-4555
      View Details
    • Value Estimation by Request
      3,382 SF

      7320 Frst Oaks Blvd

      MEDICAL BUILDING • 3,382 SF
      7320 Frst Oaks Blvd, Spring Hill, FL 34606-2401
      View Details

    Similar Nearby for Sale

    • $895,000
      3,122 SF

      Spring Hill Commercial Office Building

      Renovated Office, High Visibility, C-1 Zoning
      3248 Commercial Way, Spring Hill, FL 34606
      View Details
    • Contact for pricing
      4.40 Acres

      Spring Hill Commercial Land - 4.4 Acres

      Prime 4.4-acre development site in Spring Hill, FL.
      215 Cobblestone Dr, Spring Hill, FL 34606
      View Details
    • $54,900
      Pending

      Spring Hill Land Building Site

      Building site in quiet area, backing to waterway for privacy.
      Tryon Cir, Spring Hill, FL 34606
      View Details
    • $79,900
      0.53 Acres

      Residential Land in Quiet Neighborhood

      Half-acre lot ready for new home in Spring Hill, FL.
      8001 Greenbrier Ct, Spring Hill, FL 34606
      View Details
    • $325,000
      1,618 SF

      Income-Producing Duplex on Half Acre

      Duplex for sale with current total monthly rent.
      7398-7400 Mead Dr, Spring Hill, FL 34606
      View Details
    • Contact for pricing

      Land in Rapidly Expanding Submarket

      Land suitable for commercial, office, or investment in Spring Hill.
      215 Cobblestone Dr, Spring Hill, FL 34606
      View Details

    Similar Nearby for Lease

    • $807 /Mo
      969 SF

      SPRING HILL Mixed-Use Property

      Mixed-use property for lease in high-traffic SPRING HILL location.
      4546 Commercial Way, Spring Hill, FL 34606
      View Details
    • $807 /Mo
      969 SF

      Commercial Space For Lease

      Commercial space available in high-traffic Spring Hill location.
      4546 Commercial Way, Spring Hill, FL 34606
      View Details
    • $1,000 /Mo
      969 SF

      Spring Hill Office Space Available

      Office space for lease in high-traffic Spring Hill location.
      4504 Commercial Way, Spring Hill, FL 34606
      View Details
    • $15,000 /Mo

      Professional Office Space For Lease

      Professional office space for lease in Spring Hill, Florida.
      6211 Deltona Blvd, Spring Hill, FL 34606
      View Details
    • $1,000 /Mo
      969 SF

      Spring Hill Office Space Available

      Office space for lease in high-traffic Spring Hill location.
      4504 Commercial Way, Spring Hill, FL 34606
      View Details
    • $10 SF/Yr
      2,800 SF

      Commercial Way Mixed-Use Property

      Mixed-use property for lease on Commercial Way in Spring Hill.
      4560-4568 Commercial Way, Spring Hill, FL 34606
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1130 Commercial Way
    Spring Hill, FL 34606-4518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.