0 Cortez Blvd Brooksville, FL 34613
This exceptional 28.95-acre commercial land parcel, located in Brooksville, Florida (Hernando County, zip code 34613), presents a unique investment opportunity. The property, identified by APN R31-422-18-0000-0020-0020, boasts significant frontage on Cortez Boulevard (SR 50), a major six-lane commuter route. A planned signalized intersection will further enhance visibility and accessibility. This strategically located site benefits from its proximity to Oak Hill Hospital, currently undergoing a $100 million expansion and employing 1,500-2,000 people. The development is also adjacent to a planned community with over 950 residential units, creating a substantial built-in customer base. The property is zoned Commercial, offering flexibility for a variety of commercial and retail uses. Convenient access to US 19 and the Suncoast Parkway provides easy connectivity to regional transportation networks. The asking price for this remarkable development opportunity is $7,500,000. The net usable acreage is 28.95 acres. While wetland acreage is not specified, this property offers significant potential for substantial returns. Detailed zoning information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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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