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    11105 Commercial Way Brooksville, FL 34614

    For Sale
    $1,450,000

    Prime 3.35-Acre C2 Zoned Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.349-acre commercial land parcel, located at 11105 Commercial Way in Brooksville, Florida (zip code 34614), presents a unique investment opportunity. The property, encompassing five parcels (APN: R12-222-17-3720-00F0-0110, R12-222-17-3720-00F0-0120, R12-222-17-3720-00F00100, R12-222-17-3720-00F00090, R12-222-17-3720-00F0-0120), boasts a strategic location at the intersection of US Highway 19, Chicago Avenue, and Hexam Road in the rapidly growing Hernando County area of Weeki Wachee. The property is zoned C2, and a commercial zoning conversion is currently underway. A new traffic signal is operational at this high-visibility location. This prime real estate offers exceptional potential for various commercial developments, benefiting from its proximity to the Suncoast Parkway, numerous businesses, shopping centers, restaurants, schools, parks, hiking trails (Annutteliga Hammock), Hernando Beach, the Gulf of Mexico, and Weeki Wachee Springs State Park. The asking price for this fee-simple owned land is $1,450,000. This represents a significant opportunity to capitalize on the ongoing growth and development within Hernando County. The total area is 145,895 square feet.

    Property Features for 11105 Commercial Way

    General Information

    Property type
    Land
    Lot Size
    145,882 SF

    HighLights

    • Prime commercial lot in Hernando County's Weeki Wachee area, situated on US Highway 19 at Chicago Avenue and Hexam Road.
    • Excellent access to Suncoast Parkway, and proximity to numerous commercial amenities, including shopping, dining, schools, and parks.
    • Convenient location near Annutteliga Hammock trails, Hernando Beach, and the Gulf of Mexico.
    • Short drive to Weeki Wachee Springs State Park, offering recreational opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooksville
    County
    Hernando
    State
    Florida
    Longitude
    -82.555299
    Latitude
    28.584954

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    FAQs

    What type of property is this?
    Land - Prime 3.35-Acre C2 Zoned Lot
    Where is this land located?
    The property is located at 11105 Commercial Way Brooksville, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Prime commercial lot in Hernando County's Weeki Wachee area, situated on US Highway 19 at Chicago Avenue and Hexam Road.; Excellent access to Suncoast Parkway, and proximity to numerous commercial amenities, including shopping, dining, schools, and parks.; Convenient location near Annutteliga Hammock trails, Hernando Beach, and the Gulf of Mexico.
    (727) 432-8068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11105 Commercial Way Brooksville, FL 34614
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