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15022 GAR STREET

Lots/Land For Sale
$1,800,000

BTC: 28.12500000

ETH: 1,030.92783505

28 days
0 room(s)

Overview

Located in the rapidly growing Spring Hill area, this 4.6-acre parcel offers a prime opportunity for the development of an Assisted Living Facility. The property has already progressed through critical early-stage planning, with land clearing completed and development concepts in place—allowing a new owner to move forward efficiently without the typical startup delays. The site has also received SWFWMD approval for construction, providing an added level of certainty and readiness. The property is currently zoned by the county for a 14-bed Assisted Living Facility; however, building permit plans and civil engineering have been completed for a 34-bed facility, presenting a compelling opportunity for a buyer to pursue expanded capacity. The layout has been thoughtfully designed for operational efficiency, making it an attractive option for developers, investors, and healthcare operators looking to enter or expand in the senior housing sector. Spring Hill and the greater Hernando County area continue to see steady population growth, particularly among seniors, while new assisted living inventory remains limited—positioning this property to meet rising demand in an underserved market. Seller financing is available, offering additional flexibility for qualified buyers.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
4.60 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$267,500
$181K – $1.2M
Confidence Low
List vs. estimate
$1.5M above estimate
List $1,800,000 · +572.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,716
2025
View
Trees/Woods
All facts and features
  • Lot

    • Lot: 4.60 Acres

    Other Property Information

    • Parcel Number: R3522218322000000380

    • Zoning: RES

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $2,717

  • Source details

    • MLS ID: TB8505567

    Other facts

    • Lot Features: Cleared / In County / Street Dead-End

    • Direction Faces: North

    • Water Source: Public

    • Lot Size Dimensions: 427 x 470

    • Subdivision Name: POTTERFIELD GARDEN AC - N

Private inquiry
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Market around this address

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY