2468 Commercial Way Spring Hill, FL 34606
Property Lookup
Property profile & analytics
2468 Commercial Way Spring Hill, FL 34606
- Outlet malls
- 86,670 SF
- 9.20 lot acres
Property ID
US18-5399873
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.
Location Intelligence
Current Use by Public Records
- Outlet malls
Property Details for 2468 Commercial Way
- Year built
- 1982
- Construction
- CONCRETE
- Lot size
- 9.20 lot acres
- Property size
- 86,670 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- R20-223-17-6000-0000-00A0
- APU
- R20223176000000000A0
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Spring Hill
- County
- Hernando
- State
- Florida
- Longitude
- -82.6181
- Latitude
- 28.4692
- 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
$49,282
$1,806,608
$1,438,358
$3,244,966
-
$1,135,464
$2,109,502
$3,244,966
