15200 Wiscon Rd Brooksville, FL 34601
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.
Cap rate
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Property description
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No recorded transactions found for this property.
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Risks
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