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    Property profile & analytics

    1344 Commercial Way Spring Hill, FL 34606-4522

    • Motels
    • 37,870 SF
    • 1.99 lot acres
    OFF-MARKET
    Value Estimation
    $8,030,000
    Last Sale
    Jun 19, 2023
    $9,400,000
    Location Intelligence
    Property ID
    US18-5548197
    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

    • Motels

    Property Details for 1344 Commercial Way

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    1.99 lot acres
    Property size
    37,870 SF
    Property type
    Motels
    APN
    R29-223-17-3582-0002-0050
    APU
    R2922317358200020050

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hill
    County
    Hernando
    State
    Florida
    Longitude
    -82.6294
    Latitude
    28.453
    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
    $58,182
    $3,566,585
    $0.00
    $3,566,585
    -
    $573,491
    $3,626,522
    $4,200,013

    Comparable in this City

    • Value Estimation by Request
      12,856 SF

      6172 Commercial Way

      MOTEL • 12,856 SF
      6172 Commercial Way, Spring Hill, FL 34606-1120
      View Details
    • Value Estimation
      $5,630,000
      10,038 SF

      4881 Commercial Way

      MOTEL • 10,038 SF
      4881 Commercial Way, Spring Hill, FL 34606-1915
      View Details
    • Value Estimation by Request
      14,261 SF

      3528 Commercial Way

      MOTEL • 14,261 SF
      3528 Commercial Way, Spring Hill, FL 34606-2623
      View Details
    • Value Estimation by Request
      202,027 SF

      1485 Commercial Way

      WHOLESALE OUTLET, DISCOUNT STORE • 202,027 SF
      1485 Commercial Way, Brooksville, FL 34606-4525
      View Details
    • Value Estimation by Request
      3,657 SF

      2350 Commercial Way

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,657 SF
      2350 Commercial Way, Spring Hill, FL 34606-3516
      View Details
    • Value Estimation by Request
      4,464 SF

      2190 Commercial Way

      PROFESSIONAL BUILDING • 4,464 SF
      2190 Commercial Way, Spring Hill, FL 34606-3807
      View Details

    Similar Nearby for Sale

    • $69,000
      0.36 Acres

      Residential Land in Spring Hill

      Over 1/3 acre lot, no HOA, backs to conservation.
      5417 Moongate Rd, Spring Hill, FL 34606
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    • $650,000
      0.78 Acres

      Prime Commercial Lot, High Visibility

      Vacant commercial lot in a high-traffic Spring Hill location.
      3003 Commercial Way, Spring Hill, FL 34606
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    • $40,000
      0.24 Acres

      Residential Land in Spring Hill

      Vacant .24-acre lot in a growing Florida community.
      Deltona Blvd, Spring Hill, FL 34606
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    • $62,000
      0.25 Acres

      Residential Lot for Duplex Construction

      Vacant lot zoned for multi-family use, ideal for duplex.
      Markham Ave, Spring Hill, FL 34606
      View Details
    • $125,000
      0.55 Acres

      Waterfront Land Ready to Build

      Cleared, level, waterfront lot ready for custom home.
      Gates Cir, 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

    Similar Nearby for Lease

    • Contact for pricing
      21,780 SF

      Spring Hill Commercial Land Outlot

      High-traffic US-19 Outlot, 0.5 Acres
      2468 Commercial Way, Brooksville, FL 34606
      View Details
    • Contact for pricing
      12,607 SF

      Suncoast Commons Retail Space

      Spring Hill Storefronts, 1,017-2,034 SF
      1217 Kass Cir, Spring Hill, FL 34606
      View Details
    • $15 SF/Yr
      2,200 SF

      Retail Space For Lease

      Retail space available for lease with high visibility and access.
      7429 Spring Hill Dr, 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
    • $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
    • $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

    Property Visit Statistics

    • Visits by month
      4.5k
    • Visitors by month
      1.6k
    • Avg Time on site
      449 min
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    1344 Commercial Way
    Spring Hill, FL 34606-4522
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    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
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