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    8314 Cobb Rd Brooksville, FL 34601

    For Sale
    $4,000,000

    33 Acres, Prime Location, Opportunity Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 33.2± acre commercial land parcel presents a remarkable investment opportunity in Brooksville, Florida. Strategically located at the major intersection of SR 50 (Cortez Blvd & US 98) and Cobb Road, this property boasts high visibility and accessibility. The rectangular shaped land is bordered by three paved roads: SR 50 to the south, Cobb Road to the west, and Fort Dade Avenue to the north. Currently heavily wooded, the site is primed for immediate development. A significant advantage is its designation as an Opportunity Zone, offering substantial tax incentives for investors under the Tax Cuts and Jobs Act of 2017. The seller is also willing to consider selling a 3± acre portion at the corner of SR 50 and Cobb Road separately, priced at $1,500,000. The total acreage is listed at $4,000,000. The property's zoning is PDP, with a future land use designation of Commercial. Parcel IDs are R20 222 19 2740 00A0 0020, R20 222 19 2740 00B0 0060, and R20 222 19 2740 00K0 0030. Situated approximately 1.5 miles west of Brooksville's central business district, this location offers excellent proximity to amenities and services while maintaining a strategic position for commercial development. This is a rare opportunity to acquire a substantial tract of land in a thriving area with significant tax advantages.

    Property Features for 8314 Cobb Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooksville
    County
    Hernando
    State
    Florida
    Longitude
    -82.4206977
    Latitude
    28.5538397

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    FAQs

    What type of property is this?
    Land - 33 Acres, Prime Location, Opportunity Zone
    Where is this land located?
    The property is located at 8314 Cobb Rd Brooksville, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    Request Owner's contact information
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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
    8314 Cobb Rd Brooksville, FL 34601
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