7969 Pinehurst Dr Spring Hill, FL 34606
This exceptional Spring Hill, Florida executive office space, located at 7969 Pinehurst Drive, 34606, presents a fantastic business opportunity. Formerly licensed as a 10-bed Assisted Living Facility (ALF), this property boasts significant potential. The building is fully ADA compliant and features a recently upgraded electrical system and generator, along with a fire sprinkler system already in place. While some cosmetic improvements are needed, the substantial square footage offers ample room for various configurations. The property is available with a 5-year lease and can be leased fully furnished or unfurnished, providing flexibility for the new owner. The previous ALF license allows for potential expansion to a larger bed count, possibly up to 22 beds, subject to application and approval. The current owner is willing to assist with the transition, making the startup process smoother. This multifamily property, situated in Hernando County, offers a unique blend of functionality and potential, ideal for an entrepreneur seeking a turnkey operation or a blank canvas for their vision. The asking price is $7,000. Latitude and longitude coordinates are 28.4551996, -82.5987742 respectively.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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