Medical Office
11341 CORTEZ BLVD, Brooksville, FL 34613
For Sale
Contact for pricing
The suite is positioned across from HCA Oak Hill Hospital.
Property Size1,250 SF
Price / SF$180
Days on Market18
Property Features for 11341 CORTEZ BLVD
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Listing Agency:
TMC - The Mahr Company
Listed By:
F. Sanford Mahr · License #FL
Source:
Crexi
Added: Oct 23
Changed: Nov 8
Last Checked: Nov 8 at 3:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TMC - The Mahr Company
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Investment Insights
Based on property information with market context.
This 1,250-square-foot medical office space is located directly across the street from HCA Oak Hill Hospital in Brooksville, Florida.
Key Highlights
- 1,250 SF medical office space
- Across the street from HCA Oak Hill Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,972
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,440
$339.4K
Cap Rate 7%
$242,457
$242.5K
Cap Rate 9%
$188,578
$188.6K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$31.5K $25.20/SF
− Vacancy
−$3.2K −$2.57/SF
EGI
$28.3K $22.63/SF
− OpEx
−$11.3K −$9.05/SF
NOI
$17.0K $13.58/SF
Area
Hernando County, FL
Vacancy
10.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,440
Cap Rate 7%
$242,457
Cap Rate 9%
$188,578
Alternative Uses
Best Use
Healthcare Medical
$242.5K
$212.2K – $282.9K
NOI $16,972 @ 7.0% cap · market cap 7.54%
Second Best
Office B
$229.4K
$200.7K – $267.6K
NOI $16,058 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$325.5K
$284.8K – $379.8K
NOI $22,787 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34613, FL
18,869
Population
10,532
Households
1.8
Avg Household Size
61
Median Age
21%
College-Educated
92%
High-School Grad
37.2 sq mi
ZIP Area
507
Density / Sq Mi
$56,175
Median Household Income
$36,815
Median Earnings
$1,108
Median Rent
$181,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Hernando County, FL
Properties on Market for Medical Office Space in Hernando County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite is positioned across from HCA Oak Hill Hospital.
Where is this medical office space located?
The property is located at 11341 CORTEZ BLVD Brooksville, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,250 SF medical office space; Across the street from HCA Oak Hill Hospital
