Commercial Building on Cortez
15520 CORTEZ Boulevard, Brooksville, FL 34613
4400 sq ft building with highway frontage on Cortez.
Type:Office
Property size:
4,404 SFLot size:
0.46 AcresPrice / SF:
$135/SF- Added:
- May 13, 2026
- Days on Market:
- 18
- Last Refresh:
- May 14 at 9:36 pm
Property Features for 15520 CORTEZ Boulevard
General Information
- Standard status
- Active
- Size
- 4,404 SF
- Lot size
- 0.46 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1995
Listing agent Kimberly Pye License #FL 3315876
Listing office Home Land Real Estate Inc
Listing date May 13, 2026
Source Crexi
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
HighLights
- High‑Visibility Location: Directly on Cortez Blvd (State Road 50) with 100 feet of highway frontage and 22,500 daily traffic count.
- C1 Zoning: Suitable for a wide range of commercial uses.
- Large Building: 4400 sq ft building ideal for equipment, parts, workshop, or office space.
- Strategic Location: Just east of the Suncoast Parkway and across from established businesses (Dollar General, Enterprise Car Rental).
- Secure Property: Fenced and gated for added security.
- Growing Area: Located in the center of Hernando County, a fast‑growing area.
Overview
This commercial property features C1 zoning and is located directly on Cortez Boulevard (State Road 50), east of the Suncoast Parkway and across from Dollar General and Enterprise Car Rental. The property includes a 4400 sq ft building, making it suitable for businesses seeking high visibility and a large space for equipment, parts, or a workshop. Potential uses include electrician, plumber, roofer, trade business, or office space. Building 1 offers 684 sq ft of air-conditioned space and a total of 1,215 sq ft with one bathroom, constructed in 1958. Building 2, built in 1995, provides 4400 sq ft of space. The property is fenced and gated, situated on just under a half-acre lot with 100 feet of highway frontage on Cortez/Hwy 50. The lot dimensions are 100 x 200 feet, narrowing to 92 feet wide in the back. Located in a fast-growing area in the center of Hernando County, the property benefits from high traffic, with an AADT of 22,500 cars passing by daily.
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 | $66.1k | $15.00 |
| − Vacancy | −$4.3k | −$0.98 |
| EGI | $61.8k | $14.03 |
| − OpEx | −$18.5k | −$4.21 |
| NOI | $43.2k | $9.82 |
4,404 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$617.7K
$540.5K – $720.6K
NOI $43,236 @ 7.0% cap · market cap 7.27%
Second Best
Office B
$424.6K
$371.5K – $495.3K
NOI $29,719 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$1.00M
$877.8K – $1.17M
NOI $70,224 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Three Rivers Mail ...
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Brooksville
- County
- Pasco
- State
- Florida
- Longitude
- -82.4666633
- Latitude
- 28.5391172
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 4400 sq ft building with highway frontage on Cortez.
Where is this office building located?
The property is located at 15520 CORTEZ Boulevard Brooksville, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: High‑Visibility Location: Directly on Cortez Blvd (State Road 50) with 100 feet of highway frontage and 22,500 daily traffic count.; C1 Zoning: Suitable for a wide range of commercial uses.; Large Building: 4400 sq ft building ideal for equipment, parts, workshop, or office space.
