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Commercial Way - 72 Ac Vacant Land 72 Acres of Commercial Land Offered at $13,000,000 in Spring Hill, FL 34607

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EXECUTIVE SUMMARY

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.
*Please note, seller is not offering buyer's brokerage compensation.*

PROPERTY FACTS Under Contract

Price $13,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Medical
Total Lot Size 72.00 AC
Zoning CPDP - Combined Planned Development Project

1 LOT AVAILABLE

Lot

Price $13,000,000
Price Per AC $180,555.56
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.*

  • Listing ID: 23779326

  • Date on Market: 7/27/2021

  • Last Updated:

  • Address: Commercial Way, Spring Hill, FL 34607

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