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    Property profile & analytics

    2240 Commercial Way Spring Hill, FL 34606-3810

    • Retail properties
    • 43,116 SF
    • 8.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-1036530
    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

    • Retail properties

    Property Details for 2240 Commercial Way

    Year built
    1996
    Construction
    CONCRETE
    Lot size
    8.20 lot acres
    Property size
    43,116 SF
    Property type
    Retail properties
    APN
    R20-223-17-3687-0000-0010
    APU
    R2022317368700000010

    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
    -82.6205
    Latitude
    28.465
    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
    $80,971
    $2,474,904
    $2,811,353
    $5,286,257
    -
    $1,840,080
    $3,554,671
    $5,394,751

    Comparable in this City

    • Value Estimation by Request

      1380 Pinehurst Dr

      Retail properties
      1380 Pinehurst Dr, Spring Hill, FL 34606
      View Details
    • Value Estimation by Request
      56,795 SF

      4329 Commercial Way

      DEPARTMENT STORE • 56,795 SF
      4329 Commercial Way, Spring Hill, FL 34606-1917
      View Details
    • Value Estimation by Request

      7364 Lagoon Rd

      Residential income homes
      7364 Lagoon Rd, Spring Hill, FL 34606
      View Details
    • Value Estimation by Request
      116,917 SF

      7325-7429 Spg Hl Dr & Kass Cir

      Neighborhood centers • 116,917 SF
      7325-7429 Spg Hl Dr & Kass Cir, Spring Hill, FL 34606
      View Details
    • Value Estimation
      $2,080,000
      7,286 SF

      5526 Commercial Way

      DEPARTMENT STORE • 7,286 SF
      5526 Commercial Way, Spring Hill, FL 34606-1111
      View Details
    • Value Estimation by Request
      1,998 SF

      4044 Andy Pella Dr

      FINANCIAL BUILDING • 1,998 SF
      4044 Andy Pella Dr, Spring Hill, FL 34606-4000
      View Details

    Similar Nearby for Sale

    • 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
    • $54,900
      Pending

      Spring Hill Land Building Site

      Building site in quiet area, backing to waterway for privacy.
      Tryon Cir, Spring Hill, FL 34606
      View Details
    • $79,900
      0.53 Acres

      Residential Land in Quiet Neighborhood

      Half-acre lot ready for new home in Spring Hill, FL.
      8001 Greenbrier Ct, Spring Hill, FL 34606
      View Details
    • $325,000
      1,618 SF

      Income-Producing Duplex on Half Acre

      Duplex for sale with current total monthly rent.
      7398-7400 Mead Dr, Spring Hill, FL 34606
      View Details
    • Contact for pricing

      Land in Rapidly Expanding Submarket

      Land suitable for commercial, office, or investment in Spring Hill.
      215 Cobblestone Dr, Spring Hill, FL 34606
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    • $60,000

      Land Available For Sale

      Land available for sale on Deltona Blvd, Spring Hill.
      Deltona Blvd, Spring Hill, FL 34606
      View Details

    Similar Nearby for Lease

    • $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
    • Contact for pricing
      11,039 SF

      Spring Hill Retail Space For Lease

      Large Retail Building, Ample Parking, 72 Acres
      4210 Commercial Way, 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
    • Contact for pricing
      30,650 SF

      Spring Hill Retail Plaza Investment

      Prime Spring Hill retail space available.
      1380 Pinehurst Dr, 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
    • 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

    Property Visit Statistics

    • Visits by month
      25.7k
    • Visitors by month
      13.1k
    • Avg Time on site
      23 min
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    2240 Commercial Way
    Spring Hill, FL 34606-3810
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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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