Freestanding Storefront
For Sale
$349,900
25157 CORTEZ Boulevard, Brooksville, FL 34601
Commercial Sale, BROOKSVILLE, FL
Property Size2,125 SF
Lot Size0.57 Acres
Price / SF$164.66
Days on Market30
Property Features for 25157 CORTEZ Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Accessibility
Accessible Approach with Ramp
Lot features
Corner Lot
Directions
I 75 to Cortez head west to property on the right ,
Subdivision
34601 - Brooksville
Standard status
Active
APN
R32-422-20-0000-0410-0020
Size
2,125 SF
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
A TR 198X184X117X148 FT MOL IN NE COR OF SE1/4 OF SW1/4 OF NE1/4 LYING N OF SR 50 ORB 1401 PG 211
Tax Annual Amount
2305
Legal Description
A TR 198X184X117X148 FT MOL IN NE COR OF SE1/4 OF SW1/4 OF NE1/4 LYING N OF SR 50 ORB 1401 PG 211
Utilities
Utilities
Phone Available
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Well
Building Details
Year built
1955
Floors in Building
2
Flooring type
Carpet
Building materials
Block, Stucco
Roof type
Metal
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
Listed By:
Mourad Bani
(407) 232-3900
Added: Aug 11
Changed: Sep 8
Last Checked: Sep 9 at 1:06AM
MLS# O6432251
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.
Investment Insights
Based on property information with market context.
This freestanding storefront building contains 2,125 square feet on a 0.57-acre parcel. Constructed in 1955 with block and stucco materials, the property includes carpet flooring, metal roofing, and wall/window cooling units. An accessible approach with ramp is provided, while well service and phone availability are listed for the site. The building previously housed a CPA practice and computer repair business.
The property fronts Cortez Boulevard, also designated SR 50, a major east-west highway in central Florida. On-site parking, frontage signage, and the C1 commercial zoning are established features. The property is located in Brooksville, Florida, within Hernando County.
The property fronts Cortez Boulevard, also designated SR 50, a major east-west highway in central Florida. On-site parking, frontage signage, and the C1 commercial zoning are established features. The property is located in Brooksville, Florida, within Hernando County.
Key Highlights
- 2,125‑square‑foot freestanding storefront building
- 0.57‑acre commercial parcel
- C1 zoning
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
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - C1-zoned commercial building with highway frontage, signage exposure, and on-site parking.
Where is this storefront property located?
The property is located at 25157 CORTEZ Boulevard 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‑square‑foot freestanding storefront building; 0.57‑acre commercial parcel; C1 zoning
