15022 GAR ST

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15022 GAR ST

SPRING HILL, FL 34609
Asking Price
$1.70M
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use property located in Spring Hill Florida
  • All construction and permitting approvals are complete
  • Asking price for the parcel is 1,700,000 dollars
  • Seller financing options are available for this acquisition
  • Shovel-ready status allows for immediate construction starts

What's Special

This mixed-use property at 15022 GAR St in Spring Hill, FL, presents a development project with all permitting and construction approvals fully completed. Situated within a growing suburban area of the Tampa Bay metro region, the site offers significant potential for investors or business owners looking to execute a shovel-ready project in a market characterized by steady residential and commercial expansion. The location provides accessibility to key regional infrastructure, supporting future operations for various business models. Prospective buyers may utilize seller financing to support the acquisition of this site. Given the completed status of the regulatory groundwork, the asset is positioned for immediate commencement of development activities. This transition from planning to construction minimizes typical bureaucratic delays for developers. The property serves as a viable option for those seeking a streamlined investment path in a professional, ready-to-build capacity within the Florida market.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

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