Freestanding Mixed-Use
For Sale
$349,900
25157 CORTEZ BOULEVARD #2, Brooksville, FL 34601
C1 commercial designation with highway frontage, on-site parking, and frontage signage.
Property Size2,125 SF
Price / SF$164.66
Days on Market51
Property Features for 25157 CORTEZ BOULEVARD #2
General Information
Standard status
Active
Size
2,125 SF
Property subtype
Mixed Use
Building Details
Year Built
1955
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
Listed By:
Mourad Bani · License #660094
(407) 240-2223
Source:
Endlesssummerrealty
Added: Sep 8
Changed: Oct 27
Last Checked: Oct 26 at 3:40PM
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
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Investment Insights
Based on property information with market context.
This freestanding mixed-use building at 25157 Cortez Boulevard #2 was built in 1955 and carries a C1 commercial designation. The property previously operated as a CPA office and computer repair business, providing established examples of office and service-oriented use.
The building fronts SR 50, also known as Cortez Boulevard, a central Florida east-west highway. On-site parking, frontage signage, and highway exposure support customer-facing commercial operations. The property-size field identifies 2,125 of property size, while the building’s configuration and prior uses provide a basis for evaluating office, service, or other C1 commercial applications.
The building fronts SR 50, also known as Cortez Boulevard, a central Florida east-west highway. On-site parking, frontage signage, and highway exposure support customer-facing commercial operations. The property-size field identifies 2,125 of property size, while the building’s configuration and prior uses provide a basis for evaluating office, service, or other C1 commercial applications.
Key Highlights
- C1 commercial designation
- Freestanding building with 2,125 property size
- Fronts SR 50, also known as Cortez Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,393
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,860
$527.9K
Cap Rate 7%
$377,043
$377.0K
Cap Rate 9%
$293,256
$293.3K
Market Conditions
NOI Build-Up for 2,125 SF
Gross rent
$45.9K $21.60/SF
− Vacancy
−$3.7K −$1.73/SF
EGI
$42.2K $19.87/SF
− OpEx
−$15.8K −$7.45/SF
NOI
$26.4K $12.42/SF
Area
Hernando County, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,860
Cap Rate 7%
$377,043
Cap Rate 9%
$293,256
Alternative Uses
Best Use
Mixed Use
$377.0K
$329.9K – $439.9K
NOI $26,393 @ 7.0% cap · market cap 7.54%
Second Best
Retail
$298.0K
$260.8K – $347.7K
NOI $20,862 @ 7.0% cap · market cap 5.96%
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
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Business Placement
Demographics for 34601, FL
23,001
Population
12,276
Households
1.9
Avg Household Size
50
Median Age
20%
College-Educated
88%
High-School Grad
114.0 sq mi
ZIP Area
202
Density / Sq Mi
$56,365
Median Household Income
$35,182
Median Earnings
$1,066
Median Rent
$151,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C1 commercial designation with highway frontage, on-site parking, and frontage signage.
Where is this mixed-use property located?
The property is located at 25157 CORTEZ BOULEVARD #2 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: C1 commercial designation; Freestanding building with 2,125 property size; Fronts SR 50, also known as Cortez Boulevard
