7364 Lagoon Rd Spring Hill, FL 34606
This Spring Hill, Florida property, formerly an assisted living facility (ALF), presents a unique investment opportunity. Located at 7364 Lagoon Road, 34606, this residential and retail zoned property previously operated as a six-bed ALF. The building boasts a fully installed fire protection system and a backup generator, significantly reducing the startup costs for a new operator. While requiring some cosmetic updates ("TLC"), major systems are already in place, providing a head start for relicensing through the City and AHCA. The property is being sold as-is, with all appliances remaining. No furnishings are included; the previous tenant removed all personal items. This is an excellent chance to acquire a ready-to-relicense assisted living facility in a prime Hernando County location. The asking price is $5,200. The property's zoning allows for both residential and retail uses, offering flexibility for potential investors. This is a turnkey opportunity for an entrepreneur looking to enter the assisted living market or explore other business ventures. The property's location at 28.4584481, -82.5967091 offers convenient access to local amenities and transportation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.