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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Office buildings
15240 County Line Rd Spring Hill, FL 34610-6769
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1094188
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
4,000 SF
Lot
0.62 ac (27,057 SF)
Zoning code
00C2
APN
01-24-17-0000-00100-0031
UPID
US18-1094188
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
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Dorian Fund I Spring Hill LLC · 3 yrs held
Dorian Fund I Spring Hill LLC
since 2023
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
00C2 · Spring Hill, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+46.4%
Commercial (general)
$745,000
+43.8%
Retail stores
$610,000
+17.7%
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
Method
Estimation
Statistic approach
$915,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$760,000
Change: +46% · Conversion: Difficult
COMMERCIAL (GENERAL)
$745,000
Change: +44% · Conversion: Easy
RETAIL STORES
$610,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$540,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $900k (Feb 10 2023)
Last sale anchor
$900k
Feb 10 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$218 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,757
Tax year 2023
Assessed value
$191,348
Assessed 2023
Previous assessed
$191,348
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$84,782
Assessed improvement
$106,566
Land market value
$84,782
Improvement market value
$106,566
Total market value
$191,348
Applied tax rate
401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2520
Bathrooms
2
Total area
4,000 SF
Lot
0.62 ac (27,057 SF)
Zoning code
00C2
APN
01-24-17-0000-00100-0031
UPID
US18-1094188
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Spring Hill, FL
Zoning 00C2 · permitted uses
00C2 · Spring Hill, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$745,000
RETAIL STORES
Est. value
$610,000
MEDICAL BUILDING
Est. value
$540,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2520
Bathrooms
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Dorian Fund I Spring Hill LLC
Entity
Mailing address
1018 EGLINTON AVE E 5TH CANADA XX
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2025
—
Dorian Fund I Spring Hill LLC
—
Deed
related
$5,600,000 · Symetra Life Insurance Co
Feb 10, 2023
—
Dorian Fund I Spring Hill LLC
Dorian Veterinary Real Estate Fund
Intrafamily Transfer
related
$7,500,000 · Northeast Bank
Aug 3, 2022
$900,000
Dorian Veterinary Real Estate Fund
Crittervet INC
Warranty Deed
—
Aug 3, 2022
—
Crittervet INC
David H Macmahon
Quit Claim Deed
related
—
Jan 29, 2010
—
David Macmahon
Macmahon,david
Quit Claim Deed
related
—
Jul 9, 2001
$205,000
Critter Vet INC
Gordon,robert H & Joyce M
Grant Deed
$172,500 · Century Bank Fsb
—
—
Critter Vet INC
—
Deed Of Trust
related
$172,500 · Century Bank Fsb
—
—
Critter Vet INC
—
Deed Of Trust
related
$184,000 · Suntrust Bank NA
—
—
Crittervet INC
—
Deed Of Trust
related
$200,000 · Suntrust Bank NA
—
—
Crittervet INC
—
Deed Of Trust
related
$188,660 · Suntrust Bank NA
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.
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