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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Retail space
12430 Spg Hl Dr Spring Hill, FL 34609-4906
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-4227316
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
2017
Construction
METAL FRAME
Total area
9,050 SF
Lot
0.96 ac (41,692 SF)
APN
R32-323-17-5110-0687-0060
UPID
US18-4227316
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Pellegrini Dg 3 LLC · 8 yrs held
Pellegrini Dg 3 LLC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$77 / 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
$15,691
Tax year 2022
Assessed value
$950,250
Assessed 2023
Previous assessed
$934,061
+1.7% YoY
Effective rate
1.65%
On assessed value
Assessed land
$168,217
Assessed improvement
$782,033
Land market value
$309,772
Improvement market value
$839,056
Total market value
$1,148,828
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
2017
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
9,050 SF
Lot
0.96 ac (41,692 SF)
APN
R32-323-17-5110-0687-0060
UPID
US18-4227316
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
Building & site characteristics
From public records
Year built
2017
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Pellegrini Dg 3 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2444 E KIMBERLY RD, DAVENPORT, IA 52807-2368
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2017
$2,000,000
Pellegrini Dg 3 LLC
Palmetto Spring Hill-spring Hi
Warranty Deed
—
Feb 10, 2017
$450,000
Palmetto Spring Hill Spring Hill Dr
Stanley S Hughes
Warranty Deed
$1,504,000 · Thomasville National Bank
May 9, 2011
—
Hughes Stanley S Trust
Hughes,stanley S
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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