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Property profile & analytics
OFF-MARKET Estimated value $1,030,000
Retail space

1251 Commercial Way Spring Hill, FL 34606-4513

8,926 SF 0.86 ac lot Built 2000
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-0841989
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire a thriving custom furniture manufacturing business and its accompanying real estate. Located at 1251 Commercial Way, Spring Hill, FL 34606, this property boasts a prime location on a busy thoroughfare with over 45,000 vehicles passing daily (per FDOT data). The 8,926 square foot facility, situated on a 37,677 square foot lot, was constructed in 2000 and underwent a comprehensive renovation in 2022. The building features a 1,500 square foot showroom, a designer office, and an 8,500 square foot manufacturing center, all fully operational and equipped for seamless transition of ownership. Key features include a gated rear truck entrance, two grade-level roll-up doors, three restrooms (ADA compliant), and two private offices. The property is fully air-conditioned, with new HVAC systems installed in 2023. The business itself generated $2,030,646.44 in revenue and $614,026 in Seller Discretionary Earnings (SDE) in Year 1. The asking price for the combined real estate and business is $3,750,000. The property is zoned CG and offers significant growth potential. The single-story building is ready for immediate occupancy, with possession available September 12, 2024. This is an owner-user investment opportunity not to be missed.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 2000
Construction METAL FRAME
Total area 8,926 SF
Lot 0.86 ac (37,677 SF)
APN R29-223-17-2749-00F0-0010
UPID US18-0841989
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
$925k
CAP Approach CAP
by Request
Comparable Approach Comparable
$976k
Blend (final) Blend
$1.03M
Owner & transaction history
Arteaga Real Estate Holdings LLC · 5 yrs held
Arteaga Real Estate Holdings LLC
since 2021
Last sale
$1.2M
1 recorded transaction
2021
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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