1253 Wendy Ct, Spring Hill, FL 34607-3941
- Outlet malls
- 27,648 SF
- 19.40 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 1253 Wendy Ct
- Year built
- 2009
- Lot size
- 19.40 lot acres
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- R29-223-17-2748-00H0-0000
- APU
- R2922317274800H00000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 5, 2024 | $40,000,000 | Tsr Trifecta Hunt Owner LLC | Bre Ddr Br Nature Coast Fl LLC | Special Warranty Deed | $2.9M · Bank Of Montreal |
| Sep 23, 2022 | — | Brinker Florida INC | Br Nature Coast Fl LLC | Lease | — |
| Jul 8, 2022 | — | Bealls Outlet Stores INC | Bre Ddr Br Nature Coast Fl LLC | Lease | — |
| Jun 12, 2019 | — | Bre Ddr Br Nature Coast Fl LLC | — | Grant Deed · related | $230M · Societe Generale Financial Corporation |
| Nov 10, 2014 | $30,500,000 | Bre Ddr Br Nature Coast Fl LLC | Cole Mt Spring Hill Fl LLC | Trustees Deed | $800M · Wells Fargo Bk |
| Nov 17, 2011 | — | Cole Mt Spring Hill Fl LLC | — | Deed Of Trust · related | $25.6M · Bank Of America |
| Jun 24, 2011 | — | Cole Mt Spring Hill Fl LLC | Nature Coast Commons Coc | Trustees Deed · related | — |
| Nov 16, 2007 | — | Jc Penney Corp INC | Nature Coast Commons LLC | Grant Deed · related | — |
| Oct 24, 2007 | $78,300 | Nature Coast Commons LLC | Huntley,hardy H | Grant Deed | — |
| Jan 4, 2007 | $12,500,000 | Nature Coast Commons LLC | Huntley,hardy H | Grant Deed | — |
Description
This exceptional retail property, Nature Coast Commons, presents a unique investment opportunity in the thriving Spring Hill, Florida market. Located at 1253-1437 Wendy Ct, Spring Hill, FL 34607, this property boasts a total of 1,708 square feet of commercial space, currently entirely vacant and ready for immediate occupancy. The property sits on a one-acre lot, providing ample space and visibility. The building is classified as retail and is suitable for multiple tenants, offering flexibility for various business ventures. The address is conveniently located within Hernando County, providing easy access to major roadways and a substantial customer base. The entire 1,708 square feet is available for lease, presenting a blank canvas for a new business or an expansion opportunity for an existing one. This property is ideal for entrepreneurs seeking a high-visibility location with significant potential for growth. The one-acre lot offers ample parking and potential for future expansion. This is a prime opportunity to establish a presence in a dynamic and growing community. The property's location in Spring Hill, Florida, offers access to a strong local economy and a diverse population. The vacant space presents a unique chance to customize the layout and design to perfectly suit your business needs. Don't miss this chance to secure a prominent retail location in a desirable area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,935,000
- 6.5%
- $5,475,000
- 7%
- $5,085,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,733,000
- AI Estimate
- $3,918,000
Market price range: $2.77M - $5.73MMarket price range: $1.41M - $3.92M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,095,000 Current use
- AUTO REPAIR, GARAGE
- $6,615,000 Change: +61% Conversion: Difficult
- RESTAURANT
- $6,430,000 Change: +57% Conversion: Easy
- MEDICAL BUILDING
- $3,740,000 Change: -9% Conversion: Difficult
- OFFICE BUILDING
- $3,325,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spring Hill
- County
- Hernando
- State
- Florida
- Longitude
- -82.6325
- Latitude
- 28.4542
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA