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    Cortez Blvd Brooksville, FL 34601

    For Sale
    $1,295,000

    13.7 Acres, CPDP Zoned, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 13.7-acre commercial land parcel presents a remarkable development opportunity in Brooksville, Florida. Strategically located on Cortez Boulevard (SR 50), this property boasts significant road frontage and benefits from a lighted intersection, ensuring high visibility and accessibility. Current daily traffic counts average 29,000 vehicles, providing substantial exposure for any commercial venture. The property is zoned CPDP, allowing for up to 60,000 square feet of commercial development. Utilities are readily available, with water and sewer connections already in place. A pre-existing mitigation report is available for review, streamlining the development process. The potential for a second entrance on Emerson Street further enhances accessibility and flexibility for future development plans. This prime location, combined with its zoning and infrastructure, makes this a highly desirable site for a variety of commercial uses, offering significant potential for investors seeking a high-return opportunity in a rapidly growing area. The property is situated in Hernando County, Florida, with the address listed as Cortez Blvd, Brooksville, FL 34601. This is a rare chance to acquire a substantial commercial land holding in a thriving market.

    Property Features for 0 Cortez Blvd

    General Information

    Property type
    Land
    Lot Size
    596,772 SF

    HighLights

    • 13.7‑acre commercial land parcel in Brooksville, FL, on Cortez Blvd (SR 50).
    • High visibility with 29,000+ daily traffic counts and lighted intersection.
    • CPDP zoning allows up to 60,000 sq ft of commercial development.
    • Utilities (water & sewer) available; pre‑existing mitigation report.
    • Potential second entrance on Emerson Street.
    • Located in Hernando County, FL, address: Cortez Blvd, Brooksville, FL 34601.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brooksville
    County
    Hernando
    State
    Florida
    Longitude
    -82.3595795
    Latitude
    28.5397389

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    FAQs

    What type of property is this?
    Land - 13.7 Acres, CPDP Zoned, High Traffic
    Where is this land located?
    The property is located at Cortez Blvd Brooksville, FL.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: 13.7-acre commercial land parcel in Brooksville, FL, on Cortez Blvd (SR 50).; High visibility with 29,000+ daily traffic counts and lighted intersection.; CPDP zoning allows up to 60,000 sq ft of commercial development.
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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
    Cortez Blvd Brooksville, FL 34601
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