$1,550,000

About this home

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.

Property details

MLS #

MFRTB8505567

Property type

Land

Subdivision

POTTERFIELD GARDEN AC - N

Status

Active

Days on market

92

On market date

May 6, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

4.6 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).