18039 Powell Rd Brooksville, FL 34604
- Land
Current Use by Public Records
- Land
Property Details for 18039 Powell Rd
- Property type
- Land
Description
This exceptional 25.7-acre parcel in Hernando County, Florida, presents a prime opportunity for townhome development. Located on Powell Road, just south of Hernando Oaks, this strategically positioned site boasts approved plans for 175 townhome units on minimum 20' lots. Its convenient location offers easy access to the Suncoast Parkway and Spring Hill Drive exit, providing effortless commutes to both Downtown Tampa and St. Petersburg. The surrounding area features a blend of single-family homes and substantial retail development along Spring Hill Drive and the Suncoast Parkway exit. Adding to its appeal, Chocachatti Elementary School, Powell Middle School, and Nature Coast Technical High School are located nearby. The property is zoned PDP/MF (Planned Development Project/Multifamily) and has a parcel ID of R0842319000000200040. This is an ideal investment for builders or developers seeking a high-potential project in a thriving Hernando County location. The asking price for this exceptional development opportunity is $5,500,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooksville
- County
- Hernando
- State
- Florida
- Longitude
- -82.4488
- Latitude
- 28.492
