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Property profile & analytics
OFF-MARKET
Strip malls

2270 Commercial Way Spring Hill, FL 34606-3810

13,105 SF 1.4 ac lot Built 1998
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-4321641
Property summary
AI-generated overview

This exceptional 1,560-square-foot retail end cap space is located in the desirable Timber Hills Plaza in Spring Hill's Hudson submarket. Situated within a larger 13,105-square-foot building, this unit offers a prime opportunity for a variety of businesses. Built in 1998 and renovated in 2020, the property boasts a Class B rating and features two private offices and two restrooms. The space is currently vacant and ready for immediate occupancy. A significant advantage is the pending approval of a drive-thru window by Hernando County, making this location ideal for businesses such as a coffee shop, dry cleaner, or small pharmacy. The building has a total of eight suites, and this unit represents the minimum divisible space of 1,560 square feet, which is also the maximum contiguous space available. Parking is accommodated via a cross-parking agreement. The property's zoning is designated as Retail, and its APN is R20-223-17-3687-0000-0020. The building's floor area ratio (FAR) is 13,105. Common area maintenance (CAM) charges are approximately $3.00 per square foot annually. This single-story building offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving retail area. The property is located near Commercial Way and benefits from the robust commercial activity in the Spring Hill submarket.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Total area 13,105 SF
Lot 1.4 ac (60,984 SF)
APN R20-223-17-3687-0000-0020
UPID US18-4321641
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
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Owner & transaction history
2270 Commercial Way LLC · 5 yrs held
2270 Commercial Way LLC
since 2021
5 recorded transactions
2021
Price N/A
2020
$965,000
2005
$350,000
2005
$351,142
2005
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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