New search
Property profile & analytics
FOR LEASE
Medical Office Space
17020 County Line Rd 103, Spring Hill, FL 34610
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-1936941
For Lease
1 / 6
$29 SF/Yr
17020 County Line Rd,Unit 103, Spring Hill, FL 34610
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
4,090 SF
Lot
0.94 ac (40,745 SF)
Zoning code
0PO2
APN
05-24-18-0010-00000-0020
UPID
US18-1936941
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
$580k
Comparable Approach
Comparable
$529k
Blend (final)
Blend
$570k
Owner & transaction history
Suncoast Plaza LLC · 9 yrs held
Suncoast Plaza LLC
since 2017
7 recorded transactions
Zoning & alternative use
0PO2 · Spring Hill, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$775,000
+40.2%
Commercial (general)
$760,000
+37.7%
Retail stores
$625,000
+12.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$555,000
Current use
AUTO REPAIR, GARAGE
$775,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$760,000
Change: +38% · Conversion: Easy
RETAIL STORES
$625,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$530,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$139 / 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
$14,998
Tax year 2023
Assessed value
$956,319
Assessed 2023
Previous assessed
$724,612
+32.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$262,682
Assessed improvement
$693,637
Land market value
$262,682
Improvement market value
$693,637
Total market value
$956,319
Applied tax rate
4,200.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2008
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
68
Bathrooms
5
Total area
4,090 SF
Lot
0.94 ac (40,745 SF)
Zoning code
0PO2
APN
05-24-18-0010-00000-0020
UPID
US18-1936941
Jurisdiction
PASCO
Zoning & alternative use
0PO2 · Spring Hill, FL
Zoning 0PO2 · permitted uses
0PO2 · 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
MEDICAL BUILDING Current
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$760,000
RETAIL STORES
Est. value
$625,000
OFFICE BUILDING
Est. value
$530,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE 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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
68
Bathrooms
5
Lot
0.94 ac
Current owner
From public records · entity-resolved
Suncoast Plaza LLC
Entity
Free & Clear · 9 yrs held
Mailing address
17020 COUNTY LINE RD STE #102, SPRING HILL, FL 34610-7027
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2017
$584,500
Suncoast Plaza LLC
Smiles & Giggles Healt Coc
Trustees Deed
—
Nov 24, 2010
$669,000
Smiles Plaza
First Citrus Bk
Grant Deed
$553,500 · Regions Bank
Oct 21, 2010
$9,100
Citrus Bk First
Sec Dev Corp Coc
Trustees Deed
related
—
Apr 5, 2007
—
Sec Dev Corp
—
Trustees Deed
related
$550,000 · First Citrus Bank
Jun 7, 2006
$165,000
Sec Dev Corp
Vestors INC
Warranty Deed
—
Mar 8, 2004
$64,900
Vestors INC
Johnson,james E & Linda B
Grant Deed
—
—
—
Smiles Plaza
—
Deed Of Trust
related
$553,500 · Regions Bank
—
—
Sec Dev Corp
—
Deed Of Trust
related
$200,000 · First Citrus Bank
—
—
Smiles Plaza
—
Deed Of Trust
related
$387,450 · Regions Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
