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Overview

0 ba22,217 sqftRetail
TypeRetail
HOANone listed
Built1988
Lot111,165 sqft
Living area22,217 sqft
Price / sqft$315

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

1108 Commercial Way is a 1988-built home in Acreage, Spring Hill. Listed at $6,995,000 (about $315/sqft), 87 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Offered for sale is the Spring Hill, FL Family Car Wash & Multi-Tenant Retail Strip, a unique opportunity to acquire both the real estate and the established Family Car Wash business. This offering presents investors and owner-operators with the opportunity to acquire an established operating business alongside an income-producing retail center, creating multiple revenue streams and long-term investment potential in one of Hernando County's most active retail corridors. The property consists of a 22,217-square-foot retail center and the Family Car Wash business situated on approximately 2.60 acres. Originally constructed in 1988, the asset features a complementary mix of retail tenants that generate recurring rental income while the established Family Car Wash business provides an additional operating revenue component. The property also offers excellent visibility, prominent monument signage, convenient ingress and egress, and exposure to more than 40,000 VPD providing exceptional accessibility and long-term stability. Strategically positioned along Commercial Way (US-19), the property benefits from continued residential growth, strong consumer demographics, and a concentration of national retailers and service-oriented businesses. This offering provides the rare opportunity to acquire a well-established operating business together with an income-producing commercial real estate asset, offering both immediate cash flow and future upside through business operations, tenant income, and potential operational or leasing enhancements. To protect the confidentiality of the operating business, detailed financial information, business records, and operational data will be made available only to qualified purchasers following execution of a (NDA) and verification of financial capability. We encourage interested parties to contact the listing team for additional information regarding this exclusive acquisition opportunity.

The essentials

Built
1988
Price / sqft
$315
On market
87 days
Annual tax
$22,890
Flood zone
X · Low risk
Lot
111,165 sqft
Type
Retail

At a glance

Single family
Built 1988
2.55 acres
Lot size
22,217 sqft
Living area

Payment

Est. monthly payment
$41,887/mo
Down payment (20%)
$1,399,000
Property taxes
$1,907/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Retail
Year Built
1988
Lot
111,165 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Common, Ground Level
Days on Market
87
Flood Zone X
Annual Tax (2025)
$22,890
Parcel #
R32-423-17-0000-0010-0020

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Acreage
County
Hernando
MLS Area
34606 - Spring Hill/Brooksville/Weeki Wachee
Lot Size
111,165 sqft
Corner LotLandscapedOversized LotShopping Center

Price history

Date
Event
Price
7/17/2026
Listed for sale
Source: Stellar MLS #L4963701
$6,995,000+265.3%
$315/sqft
6/27/2014
Sold
Source: Hernando County Public Record
$1,915,000
$86/sqft

Neighborhood

1108 Commercial Way
Spring Hill, FL, 34606 · 34606 - Spring Hill/Brooksville/Weeki Wachee

Market insights

Offer Insights

Choose an offer strength

List price: $6,995,000
$6.92M – $7.00M
98.9% – 100% of listTops out right at the list price
80% of listList price
110 of the last 219 home closings in 34606 landed at this number or higher (50%). The median one sat 32 days before it went under contract, and this one is on day 87.

Sample: 219 closed home sales in 34606 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$41,887/mo
Principal & interest$36,482
Property taxes$1,907
Insurance$3,498
Down payment20% · $1,399,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$6,995,000

$315 per sq ft

Size

22,217 sq ft

Time on market

87 days

Year built

1988

Monthly payment

About $41,887/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $22,890 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byKELLER WILLIAMS REALTY SMART 1Listing agent: David SmallListing data from Stellar MLS, MLS# L4963701.

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