4085 Mariner BlvdSpring Hill, FL 34609

Property Details for 4085 Mariner Blvd

Year built

2020

Construction

CONCRETE

Lot size

0.92 AC

Property size (Sq ft)

5,199 SF

Property type

Car washes

APN

R32-323-17-5170-1133-0020

APU

R3232317517011330020

Description

This exceptional 0.92-acre flex property, located at 4085 Mariner Blvd in Spring Hill, Florida 34609, is offered at $8,950,000. The property is classified as industrial and features a flex subtype, making it suitable for a variety of commercial uses. Its strategic location in Hernando County provides easy access to major transportation routes, enhancing its appeal to businesses seeking convenient logistics. The property's size offers ample space for operations and potential expansion. This is a unique opportunity to acquire a well-situated industrial flex space in a thriving Florida market. The property is being sold individually, and further details are available upon request. This represents a significant investment opportunity in a high-growth area, offering substantial potential for return. The property's versatility and prime location make it an attractive prospect for businesses seeking to establish or expand their operations in Spring Hill. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

• CAP approach

  CAP return

  Valuation

  6%

  $1,435,877

  6.5%

  $1,325,425

  7%

  $1,230,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,392,723

  Geo Method

  $2,392,723

• Alternative Use

  Use

  Valuation

  Residential

  $1,118,046

  Hospitality

  $1,024,124

  Educational

  $852,059

  Medical

  $881,363

  Retail

  $1,325,425

Location Insight

City

Spring Hill

County

Hernando

State

Florida

Latitude

28.4898

Longitude

-82.5438

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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