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    Property profile & analytics

    3380 Commercial Way Spring Hill, FL 34606-2617

    • Grocery and convenience stores
    • 7,728 SF
    • 3.50 lot acres
    OFF-MARKET
    Value Estimation
    $1,510,000
    Last Sale
    Jul 22, 2021
    $1,750,000
    Location Intelligence
    Property ID
    US18-1020830
    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

    • Grocery and convenience stores

    Property Details for 3380 Commercial Way

    Year built
    2022
    Lot size
    3.50 lot acres
    Property size
    7,728 SF
    Property type
    Grocery and convenience stores
    APN
    R16-223-17-3810-0070-0160
    APU
    R1622317381000700160

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,725,000
      6.5%
      $1,825,000
      7%
      $1,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,710,000
      Geo Method
      $1,655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,740,000
      Retail
      $1,550,000
      Mixed-Use
      $1,800,000
      Hospitality
      $1,805,000
      Educational
      $1,615,000
      Residential Income
      $1,860,000
      Energy
      $1,755,000
      Income-Based Land
      $1,825,000
      Food Service
      $1,735,000

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hill
    County
    Hernando
    State
    Florida
    Longitude
    -82.6077
    Latitude
    28.481
    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
    $92,872
    $1,497,505
    $4,617,631
    $6,115,136
    -
    $1,111,079
    $5,004,057
    $6,115,136

    Comparable in this City

    • Value Estimation
      $3,560,000
      3,850 SF

      4707 Commercial Way

      CONVENIENCE STORE • 3,850 SF
      4707 Commercial Way, Spring Hill, FL 34606-1926
      View Details
    • Value Estimation by Request
      3,176 SF

      4710 Commercial Way

      CONVENIENCE STORE • 3,176 SF
      4710 Commercial Way, Spring Hill, FL 34606-1925
      View Details
    • Value Estimation by Request
      2,621 SF

      3495 Deltona Blvd

      CONVENIENCE STORE • 2,621 SF
      3495 Deltona Blvd, Spring Hill, FL 34606-2920
      View Details
    • Value Estimation
      $280,000
      1,372 SF

      6026 Spg Hl Dr

      CONVENIENCE STORE • 1,372 SF
      6026 Spg Hl Dr, Spring Hill, FL 34606-4627
      View Details
    • Value Estimation by Request
      2,460 SF

      6016 Spg Hl Dr

      CONVENIENCE STORE • 2,460 SF
      6016 Spg Hl Dr, Spring Hill, FL 34606-4508
      View Details
    • Value Estimation by Request
      3,124 SF

      1285 Commercial Way

      CONVENIENCE STORE • 3,124 SF
      1285 Commercial Way, Spring Hill, FL 34606-4533
      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.
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      View Details
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      Spring Hill Land Building Site

      Building site in quiet area, backing to waterway for privacy.
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      Residential Land in Quiet Neighborhood

      Half-acre lot ready for new home in Spring Hill, FL.
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    • $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
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      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

    • $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
    • $15 SF/Yr
      2,200 SF

      Retail Space For Lease

      Retail space available for lease with high visibility and access.
      7429 Spring Hill Dr, Spring Hill, FL 34606
      View Details
    • $12 SF/Yr
      3,227 SF

      Retail Space For Lease

      Retail space available in a centrally located, high-visibility area.
      7325-7429 Spring Hill Dr, Spring Hill, FL 34606
      View Details
    • $1,600 /Mo
      9,277 SF

      Retail Space on US Hwy 19

      Retail space available in Spring Hill, Florida, on US Hwy 19.
      4638 Commercial Way, Spring Hill, FL 34606
      View Details
    • Contact for pricing
      1,708 SF

      Retail Space in Spring Hill

      Retail space available in Spring Hill's dominant power center.
      1385-1421 Commercial Way, Spring Hill, FL 34606
      View Details
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    3380 Commercial Way
    Spring Hill, FL 34606-2617
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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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