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Property profile & analytics
FOR SALE
Commercial land

12249 Cortez Blvd Brooksville, FL 34613

Entity Owned 8-yr Hold
Property ID
US18-8287907
Property summary
AI-generated overview

This 1.09 acre (47,914 SF) fully developed commercial pad site sits in a prime location adjacent an Aldi Grocery store on busy Cortez Boulevard (US-50 ) in rapidly expanding Brooksville. Zoned PDP (GC). The shared site already has 137 paved, shared parking spaces in place and all medians, common landscaping and lighting have already been installed. This is a rare "design and build" opportunity which drastically reduces the time and expense of planning, zoning, and developing virgin land. As a "Planned Development Project General Commercial" site, it allows for a variety of retail and professional office uses consistent with C1 Zoning and was rezoned under File H-13-03 in Hernando County approved a Master Plan revision. Traffic count of 39,000 VPD on Cortez Blvd * Disclaimer - All density and unit references are calculations based upon maximum allowable under future land use. Site Plans are subject to municipal approval for final development approvals. Maximum building footprint will be based upon intended use. Buyers are expected to do their own due diligence with Hernando County to determine the maximum allowable square footage and suitability for buyer's intended use. Located in Brooksville at the intersection of Cortez Blvd (US-50) and Rollingbrook Drive and east of US-19, offering easy access to surrounding areas.

Property profile
Verified
Property type Commercial land
UPID US18-8287907
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Monticciolo Family Holdings LLC · 8 yrs held
Monticciolo Family Holdings LLC
since 2018
1 recorded transaction
2018
$685,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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