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Commercial Building on Cortez Boulevard

15520 CORTEZ Boulevard Brooksville, FL 34613

15520 CORTEZ Boulevard, Brooksville, FL, 34613
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4400 sq ft building with highway frontage on Cortez.

Property Size4,404 SF
Lot Size0.46 Acres
Price / SF$135.10
AddedMay 13
Days on Market64
Last RefreshJun 24 at 9:58 am

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 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


Investment Insights

Based on property information with market context.

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.

Key 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.

Local Financial Insights For Office B

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 $48.6k $11.04
− Vacancy −$9.0k −$2.04
EGI $39.6k $9.00
− OpEx −$9.9k −$2.25
NOI $29.7k $6.75
4,404 SF · lease $11.04/SF/yr · vacancy 18.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$424.6K
$371.5K – $495.3K (±1% cap)
NOI $29,719 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$877.8K – $1.17M (±1% cap)
NOI $70,224 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Three Rivers Mail ... Marketing & Advertising

Suggested Use

Restaurant Big Box & Wholesale Store Spa & Massage Center Pharmacy Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

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.
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