Property profile

16472 Cortez Blvd Brooksville, FL 34601

OFF-MARKET
Mixed-use properties
Property ID
US18-4017870
1,357 SF 0.47 ac lot Built 1961
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 16472 Cortez Boulevard in Brooksville, Florida, presents a compelling investment opportunity. Boasting a prime location on Cortez Boulevard (SR 50), this 1,357 square foot building benefits from high daily traffic volume, with an estimated 28,000 vehicles passing by. Currently zoned residential within a commercial district, rezoning to commercial use is anticipated to be straightforward, unlocking a wider range of potential applications. The building itself offers 1,025 square feet of heated space, thoughtfully designed with three offices/bedrooms, two bathrooms, an open area perfect for various uses, a kitchen, and a convenient garage. The 0.47-acre lot provides ample space for expansion or outdoor activities. Its strategic location offers easy access to the Suncoast Expressway (589), providing convenient connections to both Spring Hill and Brooksville. The property's versatility makes it suitable for a variety of professional services, including but not limited to accounting, real estate, insurance agencies, or other similar businesses. This is a rare chance to acquire a well-positioned property with significant upside potential in a thriving area. The asking price is $295,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1961
Total area 1,357 SF
Lot 0.47 ac (20,473 SF)
UPID US18-4017870

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16472 Cortez Blvd Brooksville, FL 34601
Brooksville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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