5141 Mariner BlvdSpring Hill, FL 34609

Property Details for 5141 Mariner Blvd

Year built

1999

Construction

WOOD

Lot size

1.52 AC

Property size (Sq ft)

16,281 SF

Property type

Retail properties

Property subtype

Retail space

APN

R32-323-17-5180-1244-0140

APU

R3232317518012440140

Description

This exceptional Spring Hill, Florida commercial property, located at 5141 Mariner Blvd Unit 1, offers 2,475 square feet of versatile office space ideal for a single tenant. The building, constructed in 1999, is a single-story structure situated on a 1.52-acre lot (66,245 sq ft) and zoned C1. The space features an open layout, a private office, a bathroom, and a substantial storage area with a rear exterior door. The property boasts ample parking with 30+ spaces available. This traditional office space is also well-suited for executive or creative office uses. Its location on Mariner Boulevard, a main thoroughfare in Spring Hill, ensures high visibility and accessibility. While this listing focuses on Unit 1, it's worth noting that an adjacent unit (Unit #2) is also available for lease, offering a combined total of 5,919 square feet should a larger space be required. This property presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving area of Hernando County, Florida, zip code 34609.

• CAP approach

  CAP return

  Valuation

  6%

  $4,496,870

  6.5%

  $4,150,957

  7%

  $3,854,460

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,492,966

  Geo Method

  $7,492,966

• Alternative Use

  Use

  Valuation

  Residential

  $3,501,487

  Hospitality

  $3,207,344

  Educational

  $2,668,472

  Medical

  $2,760,245

  Retail

  $4,150,957

Location Insight

City

Spring Hill

County

Hernando

State

Florida

Latitude

28.5029

Longitude

-82.5251

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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