Commercial Land / Florida / Spring Hill / 34613 / 8098 Commercial Way

8098 Commercial Way

Spring Hill, FL 34613

Listing ID: 236605

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$499,000

For Sale

Property Type Land for Sale : Mixed Use Land
Lot Size Acres 4.760
Land Sq Ft 207,345
Land Price per Sq Ft $2.41

Description

Rare opportunity to own a large parcel of land with estimated 510 ft of frontage on Commercial Way / US-19 with rapidly growing traffic count now estimated at over 25,000 vehicle per day. Property borders two side roads for easy development access. Now zoned R-1A residential but location should allow commercial rezoning. Current zoning could make land ideal for multi-family, town-homes, assisted living or nursing facility, medical offices, place of worship or commercial development.

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Listing Demographics for 8098 Commercial Way Spring Hill, FL 34613

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		2,011	20,301	67,473
Population Median Age		48	49	46
Population by Age	0-9 Yrs	151 (7%)	1507 (7%)	6142 (9%)
	10-19 Yrs	211 (10%)	2029 (9%)	7388 (10%)
	20-29 Yrs	164 (8%)	1724 (8%)	7161 (10%)
	30-39 Yrs	139 (6%)	1679 (8%)	6311 (9%)
	40-49 Yrs	259 (12%)	2033 (10%)	7191 (10%)
	50-59 Yrs	368 (18%)	2860 (14%)	9374 (13%)
	60-69 Yrs	345 (17%)	3453 (17%)	10261 (15%)
	70+ Yrs	375 (18%)	5015 (24%)	13644 (20%)

Median HH Income		$43,025	$45,647	$46,857
Total Household Income	< 24K	208 (24%)	2000 (23%)	6364 (23%)
	25-49K	276 (32%)	2767 (31%)	8137 (29%)
	50-74K	140 (16%)	1769 (20%)	5986 (21%)
	75-99K	78 (9%)	933 (10%)	2815 (10%)
	100-199K	146 (17%)	1094 (12%)	3535 (12%)
	200K+	4 (0%)	111 (1%)	508 (1%)

Highest Education Level	No Diploma	249	2309	6584
	Diploma or GED	618	5652	17932
	Some College	340	3891	12829
	Assoc. Degree	138	1615	5153
	Bachelors Degree	172	1580	5305
	Higher Degree	63	941	2719

Total Housing Units		962	9,856	31,530
--Owner-Occupied		714	7,065	21,056
--Renter-Occupied		138	1,609	6,289
Owner-Occupied Values	< 100K	243	2690	7446
	100-199K	256	2843	9191
	200-299K	134	935	2931
	300-399K	76	374	895
	400-499K	5	149	345
	500K+	0	75	248

Total Working Age Population		1,721	17,400	56,397
In Work Force		848	7,532	26,261
Not In Work Force		874	9,868	30,136
Workforce Employed		791	7,031	24,453
Workforce Unemployed		57	485	1,785
Civlian Workforce		848	7,516	26,238
Military Workforce		0	16	23

Total Households		852	8,675	27,345
Family Households		521	5,512	18,222
Non-Family Households		330	3,163	9,123
Married Couple		391	4,301	13,546
Other Family		130	1,211	4,676
Married w/Child		53	914	3,354
Single Male w/Child		46	245	650
Single Female w/Child		37	245	1,303

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Hernando County	130,802	+32	172,778	+11	191,741	+14	218,337
Pasco County	344,765	+35	464,697	+15	534,491	+16	619,929

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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