Freestanding C1
For Sale
$349,900
2-25157 Cortez Blvd, Brooksville, FL 34607
C1 commercial storefront on SR 50 with parking, highway exposure, and frontage signage.
Property Size2,125 SF
Price / SF$164.66
Days on Market32
Property Features for 2-25157 Cortez Blvd
General Information
Standard status
Active
Size
2,125 SF
Zoning
C1
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,304
Building Details
Buildings
1
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
Listed By:
Mourad Bani
(407) 232-3900
Source:
Exprealty
Added: Aug 11
Changed: Sep 10
Last Checked: Sep 10 at 2:55PM
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 CHARLES RUTENBERG REALTY ORLANDO
Investment Insights
Based on property information with market context.
This freestanding storefront property contains 2,125 SF and carries a C1 commercial designation. The building previously accommodated a CPA practice and a computer repair business, providing a documented commercial-use history. On-site parking and frontage signage support customer access and property identification.
The property is located at 2-25157 Cortez Blvd in Brooksville, directly along SR 50, also known as Cortez Blvd. Its position on the east-west highway provides direct roadway exposure, while the C1 designation supports a range of commercial uses subject to applicable requirements. The building’s freestanding format and existing parking create a straightforward setting for an owner-user or commercial operator.
The property is located at 2-25157 Cortez Blvd in Brooksville, directly along SR 50, also known as Cortez Blvd. Its position on the east-west highway provides direct roadway exposure, while the C1 designation supports a range of commercial uses subject to applicable requirements. The building’s freestanding format and existing parking create a straightforward setting for an owner-user or commercial operator.
Key Highlights
- 2,125 SF freestanding storefront property
- C1 commercial designation
- Located along SR 50, also known as Cortez Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,862
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,240
$417.2K
Cap Rate 7%
$298,029
$298.0K
Cap Rate 9%
$231,800
$231.8K
Market Conditions
NOI Build-Up for 2,125 SF
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.
Gross rent
$31.9K $15.00/SF
− Vacancy
−$2.1K −$0.98/SF
EGI
$29.8K $14.03/SF
− OpEx
−$8.9K −$4.21/SF
NOI
$20.9K $9.82/SF
Area
Pasco County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,240
Cap Rate 7%
$298,029
Cap Rate 9%
$231,800
Alternative Uses
Best Use
Retail
$298.0K
$260.8K – $347.7K
NOI $20,862 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$484.1K
$423.6K – $564.7K
NOI $33,884 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34607, FL
8,544
Population
5,025
Households
1.7
Avg Household Size
58
Median Age
24%
College-Educated
94%
High-School Grad
63.7 sq mi
ZIP Area
134
Density / Sq Mi
$61,221
Median Household Income
$31,126
Median Earnings
$1,226
Median Rent
$343,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - C1 commercial storefront on SR 50 with parking, highway exposure, and frontage signage.
Where is this storefront property located?
The property is located at 2-25157 Cortez Blvd Brooksville, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2,125 SF freestanding storefront property; C1 commercial designation; Located along SR 50, also known as Cortez Blvd
