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    15200 Wiscon Rd Brooksville, FL 34601

    For Sale
    $2,500,000

    5-Acre Site, Ideal Mixed-Use Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5-acre commercial land parcel in Brooksville, Florida, presents a unique investment opportunity. Located at 15200 Wiscon Road, this property boasts existing infrastructure and entitlements, originally planned for medical office buildings. However, its strategic location between two major medical facilities – Bayfront Health (a 120-bed acute care facility just 2 miles west) and Oak Hill Hospital (a 282-bed facility 3.5 miles east) – makes it ideally suited for an Assisted Living Facility (ALF) development. The marketing analysis suggests a mixed-use development with 160+ beds servicing Independent Living Facility (ILF), ALF, and Memory Care residents would be the highest and best use. The property's proximity to the Suncoast Expressway enhances its accessibility and appeal. Furthermore, its convenient location offers easy access to retail shopping and restaurants (within 3 miles), Downtown Brooksville (5 minutes away), and Wiki Wachee State Park (10 minutes away). The site benefits from a substantial population base, with over 320,000 people residing within a 30-minute drive, ensuring a strong potential market for the development. The asking price for this remarkable property is $2,500,000. This is a rare chance to acquire a well-positioned, ready-to-develop site in a thriving Florida community. The property is zoned for commercial use in Hernando County, Florida, zip code 34601.

    Property Features for 15200 Wiscon Rd

    General Information

    Property type
    Assisted living facilities
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial lot ideal for mixed‑use development in Brooksville, FL.
    • 2 miles from Bayfront Health (120‑bed acute care facility).
    • 3.5 miles from Oak Hill Hospital (282‑bed facility).
    • 3 miles to retail amenities and restaurants.
    • 5 minutes from Downtown Brooksville.
    • 10 minutes from Weeki Wachee State Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooksville
    County
    Hernando
    State
    Florida
    Longitude
    -82.474746
    Latitude
    28.532761

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    FAQs

    What type of property is this?
    Assisted living facility - 5-Acre Site, Ideal Mixed-Use Development
    Where is this assisted living facility located?
    The property is located at 15200 Wiscon Rd Brooksville, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 5-acre commercial lot ideal for mixed-use development in Brooksville, FL.; 2 miles from Bayfront Health (120-bed acute care facility).; 3.5 miles from Oak Hill Hospital (282-bed facility).
    (727) 822-4715
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    Brooksville, FL 34601
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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
    15200 Wiscon Rd Brooksville, FL 34601
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