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Commercial Way - 72 Ac Vacant Land 72 Acres of Commercial Land Offered at $12,705,291 CAD in Spring Hill, FL 34607


Investment Highlights
- 1,950 Feet of Frontage on US Hwy 19
- Zoning approval for additional 225 multifamily units (Master Plan update is required for MF)
- Master plan approval for up to 450,000 square feet of commercial/retail uses.
Executive Summary
New Price: $9,349,000
*Please note, seller is not offering buyer's brokerage compensation.*
Property Facts
| Price | $12,705,291 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 72.00 AC |
| Property Type | Land | ||
| Zoning | CPDP - Combined Planned Development Project | ||
| Price | $12,705,291 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 72.00 AC |
| Zoning | CPDP - Combined Planned Development Project |
1 Lot Available
Lot
| Price | $12,705,291 CAD | Lot Size | 72.00 AC |
| Price Per AC | $176,462.37 CAD |
| Price | $12,705,291 CAD |
| Price Per AC | $176,462.37 CAD |
| Lot Size | 72.00 AC |
Land Advisors Organization is pleased to exclusively offer ±72 acres of vacant mixed use/commercial land located directly on U.S. Highway 19/Commercial Way at Lake in the Woods Drive in Spring Hill, FL.
Description
Land Advisors Organization is pleased to exclusively offer ±72 acres of vacant commercial land located directly on U.S. Highway 19/Commercial Way at Lake in the Woods Drive in Spring Hill, FL. The property features approximately 1,950 feet of highway frontage on U.S. Highway 19/ Commercial Way and on Lake in the Woods Drive. All access points and driveway cuts shall be verified by the buyer with Hernando County and FDOT. The proximity to Spring Hill, FL makes this property a prime location for an updated mixed use development where a developer can build a brand-new live, work, play project that would transform the area. Property is zoned CPCP Mixed Uses (Commercial/Multifamily). Zoning ID: H-08-12 was approved for commercial/multifamily. Hernando County BOCC approved the master plan for the property in March 2024 to support up to 450,000 sf of commercial/retail development not including the outparcels. The multifamily portion of the project will require it's own master plan update prior to site plan approval. *Please note, seller is not offering buyer's brokerage compensation.*
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Commercial Way - 72 Ac Vacant Land
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