Back to Search
Property profile & analytics
FOR SALE
Grocery and convenience stores
9410 Cortez Blvd Spring Hill, FL 34613
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2978639
For Sale
1 / 28
$810,000
9410 Cortez Blvd, Spring Hill, FL 34613
View Listing →
Property summary
AI-generated overview
This exceptional 3.5-acre commercial land parcel is ideally situated at 9410 Cortez Blvd in Spring Hill, Florida, offering unparalleled visibility and accessibility. Located directly adjacent to a RaceTrac gas station on the busy State Road 50/Cortez Boulevard, this property boasts a daily traffic count of 41,500 vehicles. Its proximity to US Highway 19 N (with 39,000 CPD) further enhances its strategic location. The property is zoned for General Commercial use and is within minutes of Spring Hill's thriving "restaurant row" and major retail centers, serving a substantial population base of over 103,000 residents within a five-mile radius. Hernando County, part of the Tampa Bay MSA, is experiencing robust growth, with a projected 2.6% population increase by 2029. This presents a unique opportunity for developers seeking a prime location in a rapidly expanding market. The 3.5± acre lot provides ample space for a wide range of commercial ventures, capitalizing on the high traffic volume and strong demographics of this desirable area. This is a rare chance to acquire a significant commercial property in a thriving Florida community.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Construction
CONCRETE BLOCKS
Total area
3,952 SF
Lot
9.6 ac (418,176 SF)
APN
R32-323-17-5220-00L0-0000
UPID
US18-2978639
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
$865k
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$810k
Owner & transaction history
Cortez Weeki Wachee Wash LLC · 4 yrs held
Cortez Weeki Wachee Wash LLC
since 2022
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$865,000
7%
$805,000
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$55,955
Tax year 2022
Assessed value
$3,474,953
Assessed 2023
Previous assessed
$3,474,953
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$1,681,715
Assessed improvement
$1,793,238
Land market value
$1,821,600
Improvement market value
$2,154,919
Total market value
$3,976,519
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Year built
2003
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
3,952 SF
Lot
9.6 ac (418,176 SF)
APN
R32-323-17-5220-00L0-0000
UPID
US18-2978639
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
9.6 ac
Current owner
From public records · entity-resolved
Cortez Weeki Wachee Wash LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 2437, SMYRNA, GA 30081-2437
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
$1,600,000
Cortez Weeki Wachee Wash LLC
Racetrac INC
Special Warranty Deed
—
Jul 5, 2018
—
Racetrac Petroleum INC
—
Grant Deed
related
$250,000,000 · Branch Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
