Brooksville C1 Zoned
1340 HOWELL Ave Brooksville, FL 34601
1340 HOWELL Ave, Brooksville, FL, 34601
$369,900
For Sale
$369,900
2,000 SF C1 zoned building near downtown Brooksville.
Property Size2,000 SF
Lot Size0.22 Acres
Price / SF$184.95
Days on Market134
Property Features for 1340 HOWELL Ave
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1967
Listing agency
Home-Land Real Estate, Inc.
(352) 279-1150
Listed by
Kimberly Pye, PA · License #3315876
(352) 279-1150
Source
Elliman
Added: Mar 10 Updated: Jul 10 at 3:49PM Checked: Jul 21 at 8:29AM
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 Home-Land Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 2,000 square foot building is located on Howell Ave in Brooksville, FL, just outside the city limits. It is zoned C1 and features a corner lot with a fenced backyard. The property includes a marque with power already on site. There are 6 parking spaces, with the possibility of adding more. The building has one bathroom, with the option to reinstate a second bathroom. It is connected to city water and uses a septic system. The roof was installed in 2008. The property is not in a flood zone. Located not far from Hernando High School and 2 minutes from downtown Brooksville, the building is currently used as a Variety Store, and the sale includes the store's contents. The property is suitable for various businesses, such as a title company, accounting office, real estate office, law office, counselor, roofing company, pest control company, hair salon, smoke shop, antique store, boutique, or florist. The layout allows for multiple businesses to operate within the space, offering the option to rent out a portion of the building. Two new AC units were installed in 2025. The corner lot provides visibility and easy access.
Key Highlights
- Prime C1 Zoned Location: Stop paying rent and invest in property, ideal for various businesses.
- Two Brand New AC Units (2025): Ensures energy efficiency and reduces future maintenance costs.
- Corner Lot with Fenced Backyard: Provides excellent visibility, easy access, and secure outdoor space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.0k | $15.00 |
| − Vacancy | −$2.0k | −$0.98 |
| EGI | $28.1k | $14.03 |
| − OpEx | −$8.4k | −$4.21 |
| NOI | $19.6k | $9.82 |
2,000 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$280.5K
$245.4K – $327.3K
NOI $19,635 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.6K
$398.6K – $531.5K
NOI $31,891 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - 2,000 SF C1 zoned building near downtown Brooksville.
Where is this storefront property located?
The property is located at 1340 HOWELL Ave Brooksville, FL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Prime C1 Zoned Location: Stop paying rent and invest in property, ideal for various businesses.; Two Brand New AC Units (2025): Ensures energy efficiency and reduces future maintenance costs.; Corner Lot with Fenced Backyard: Provides excellent visibility, easy access, and secure outdoor space.
