29373 Cortez Blvd Brooksville, FL 34602
- Commercial real estate
- 13.48 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 29373 Cortez Blvd
- Lot size
- 13.48 lot acres
- Property type
- Commercial real estate
Description
This exceptional 13.48-acre parcel presents a significant development opportunity in Brooksville, Florida. Located near the newly expanded interchange of State Road 50 and Interstate 75, this property boasts a prime location within a high-growth corridor, experiencing substantial population and employment center expansion. The Hernando County Planning Department has indicated support for amending entitlements to facilitate a well-planned commercial development, ideally complementing the area's growth. While currently zoned for both residential and commercial uses, a residential development might necessitate a future land use amendment depending on the proposed plan. The property's proximity to major roadways ensures high visibility and accessibility, with approximately 21,000 vehicles traversing State Road 50 daily. Further enhancing its appeal, a new Publix supermarket is slated to open just 1.5 miles east, and thousands of new single-family homes are planned within a 2-mile radius. The site's strategic location is less than half a mile from the new interchange, providing unparalleled connectivity. The property is entirely upland, offering versatile development options. Neighboring property owners have expressed interest in potential collaborative development ventures. The asking price for this fee-simple ownership opportunity is $3,005,000. This property offers exceptional potential for developers seeking to capitalize on the burgeoning growth in this dynamic area, with numerous recreational and wildlife management areas nearby.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooksville
- County
- Hernando
- State
- Florida
- Longitude
- -82.252706442512
- Latitude
- 28.523310352183