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Property profile & analytics
FOR SALE
Outlet malls

4780 Commercial Way Spring Hill, FL 34606

146,568 SF 20.9 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
Property ID
US18-3857505
Property summary
AI-generated overview

This exceptional commercial land parcel presents a rare development opportunity in Spring Hill, Florida. Strategically located on Commercial Way, this carve-out site boasts unparalleled visibility from the heavily trafficked US 19, a major retail corridor. The property benefits from signalized access directly from US 19, ensuring convenient ingress and egress for customers and employees. Its suburban infill location offers a unique advantage, providing proximity to established businesses and a strong existing customer base. The site is conveniently situated adjacent to a Lowe's, further enhancing its desirability and potential for synergistic development. The property is zoned C-1 by Hernando County, allowing for a wide range of commercial uses. Furthermore, off-site stormwater management is available, simplifying the development process and reducing potential costs. Surrounded by national retail and restaurant brands, this parcel offers an exceptional opportunity for businesses seeking high visibility and a strong location within a thriving commercial area. The property's prime location and desirable zoning make it an ideal investment for developers seeking to capitalize on the robust growth in Spring Hill. This is a rare opportunity to acquire a highly visible and well-situated commercial land parcel in a rapidly developing market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2002
Construction CONCRETE BLOCKS
Total area 146,568 SF
Lot 20.9 ac (910,404 SF)
APN R10-223-17-3721-0000-0010
UPID US18-3857505
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.58M
Owner & transaction history
LOWES HOME CENTERS INC
LOWES HOME CENTERS INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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