0 Jasmine Dr Brooksville, FL 34601
This exceptional 2-acre commercial land parcel presents a unique investment opportunity in Brooksville, Florida. Situated on the northeast quadrant of the intersection of Cortez Boulevard and Jasmine Drive, this property boasts approximately 300 feet of frontage along Cortez Boulevard. The asking price is $1,750,000, translating to a land value of $14.94 per square foot. While currently zoned Agricultural, its location within a designated Commercial Node on the Future Land Use Map and Comprehensive Plan signifies significant future development potential. The property's dimensions are flexible and negotiable, offering adaptability to various commercial ventures. A key advantage is its location outside of any flood zone, a significant benefit for developers. The site benefits from readily available Brooksville city water along both Cortez Boulevard and Jasmine Drive, although a septic system will be required. This property is part of a larger parcel, allowing for potential negotiation on the exact dimensions. The intersection itself features a recently constructed concrete design, and Cortez Boulevard sees a substantial daily traffic count of 22,500 vehicles. This high visibility location, combined with its flexible zoning potential and desirable location, makes this a compelling investment opportunity for discerning buyers. Key parcel numbers are 00671286 and 904454.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.