2468 Commercial Way Spring Hill, FL 34606
For Lease
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This exceptional 0.5-acre commercial land outlot presents a unique investment opportunity in Spring Hill, Florida. Situated on heavily trafficked US-19 (Commercial Way), this property boasts daily traffic counts exceeding 45,000 vehicles. Its strategic location offers convenient access for both northbound and southbound traffic, with a dedicated left turn lane for southbound access and two right-in access points for northbound traffic. The site benefits from excellent visibility and accessibility, enhanced by its placement near established retail giants including Rural King, Harbor Freight, Big Lots, and Winn-Dixie. This prime location is further complemented by the proximity of other successful businesses such as Long John Silver's/A&W, McDonald's, Red Lobster, Taco Bell, O'Reilly Auto Parts, and Suncoast Credit Union. The property's strategic position between two major shopping centers, Nature Coast Commons (featuring Walmart, JCPenney, Best Buy, and more) and Lakewood Plaza (including Target, Publix, and JOANN), ensures high consumer traffic and visibility. The surrounding area boasts a substantial residential population of approximately 75,000 within a 5-mile radius, with an average household income of approximately $60,000 per year, creating a strong consumer base for any business established on this site. This rare outlot opportunity offers significant potential for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.