C1-Zoned Flex
For Sale
$595,000
15520 CORTEZ Boulevard, Brooksville, FL 34613
Commercial Sale, BROOKSVILLE, FL
Property Size4,404 SF
Lot Size0.44 Acres
Price / SF$135.10
Days on Market173
Property Features for 15520 CORTEZ Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
POTTERFIELD GARDEN AC - H
Lot features
Paved
Directions
US 19 (Commercial Way) turn onto US 50 (Cortez Blvd) property is after the onramp to 589.
Standard status
Active
APN
R25-222-18-3100-0000-0080
Size
4,404 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
POTTERFIELD GARDEN ACRES SEC H LOT 8
Tax Annual Amount
3670
Legal Description
POTTERFIELD GARDEN ACRES SEC H LOT 8
Utilities
Sewer type
Septic Tank
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Well
Building Details
Year built
1995
Floors in Building
1
Building materials
Frame
Roof type
Metal
Buildings
2
Listing Agency:
HOME LAND REAL ESTATE INC
(352) 556-0909
Listed By:
Kimberly Pye, PA · License #3315876
(352) 279-1150
Added: May 12
Changed: Oct 27
Last Checked: Oct 31 at 7:06AM
MLS# W7885575
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This flex property includes two buildings on a 0.44-acre parcel. The primary building contains 4,400 square feet and was built in 1995, while the second building provides 1,215 total square feet, including 684 square feet under air, one bathroom, and a 1958 construction date. The improvements support equipment storage, parts handling, workshop functions, and office use. The site is fenced and gated, with frame construction, metal roofing, window or wall/window cooling, well water, and a septic tank.
Located on Cortez Boulevard, also identified as State Road 50, the property has 100 feet of highway frontage and a 100-by-200-foot lot that narrows to 92 feet at the rear. It sits east of the Suncoast Parkway and across from Dollar General and Enterprise Car Rental. Reported daily traffic is 22,500 vehicles. C1 zoning applies.
Located on Cortez Boulevard, also identified as State Road 50, the property has 100 feet of highway frontage and a 100-by-200-foot lot that narrows to 92 feet at the rear. It sits east of the Suncoast Parkway and across from Dollar General and Enterprise Car Rental. Reported daily traffic is 22,500 vehicles. C1 zoning applies.
Key Highlights
- 4,400‑square‑foot primary building constructed in 1995
- Second building totals 1,215 square feet, including 684 square feet under air and one bathroom
- 0.44‑acre site with 100 feet of frontage on Cortez Boulevard / State Road 50
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,487
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,740
$1.1M
Cap Rate 7%
$764,100
$764.1K
Cap Rate 9%
$594,300
$594.3K
Market Conditions
NOI Build-Up for 4,404 SF
Gross rent
$80.9K $18.36/SF
− Vacancy
−$4.4K −$1.01/SF
EGI
$76.4K $17.35/SF
− OpEx
−$22.9K −$5.21/SF
NOI
$53.5K $12.15/SF
Area
Hernando County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,740
Cap Rate 7%
$764,100
Cap Rate 9%
$594,300
Alternative Uses
Best Use
Industrial
$764.1K
$668.6K – $891.5K
NOI $53,487 @ 7.0% cap · market cap 8.99%
Second Best
Flex RnD
$677.2K
$592.6K – $790.1K
NOI $47,405 @ 7.0% cap · market cap 7.97%
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 authorities.
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Property Analytics
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Current Use
Lease Details
22,500 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Balanced
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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Highway-fronting property offers a fenced, gated site with workshop, equipment-storage, and office possibilities.
Where is this flex space 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: 4,400‑square‑foot primary building constructed in 1995; Second building totals 1,215 square feet, including 684 square feet under air and one bathroom; 0.44‑acre site with 100 feet of frontage on Cortez Boulevard / State Road 50
