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Prime Commercial Lot in the Heart of Spring Hill – Nearly 1 Acre on Kass Circle
An exceptional opportunity awaits with this nearly 1-acre parcel of commercially zoned land located in one of Spring Hill’s most established and thriving business corridors. Positioned directly on Kass Circle, this property is surrounded by a variety of active businesses, generating high commercial traffic and outstanding exposure for any future development.
Whether you're planning to build professional offices, a retail business plaza, or a mixed-use commercial space, this location offers unmatched visibility and potential. The site benefits from its inclusion in a designated Community Redevelopment Area (CRA), a public initiative by Hernando County aimed at revitalizing and enhancing the local infrastructure and economy.
CRA improvements such as road upgrades, beautification projects, and sidewalk installations contribute to increased property values and encourage foot traffic — a major benefit for future tenants and business owners. We have been told, sidewalks are already in the planning stages, which will only add to the accessibility and appeal of this prime location.
Don't miss out on this rare investment opportunity in a growing commercial district. Build your vision and become part of the future of Kass Circle.
All information in the MLS is intended to be accurate; buyer and buyer's agent to verify.
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Our Executive Mortgage Banker:
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$159,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $127,920 | $127,920 | $127,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $788 | $840 | $1,062 |
Total Monthly Payment | $863 | $915 | $1,137 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.