Property profile

31075 Cortez Blvd Brooksville, FL 34602

OFF-MARKET
Office buildings
Property ID
US18-3019211
4,554 SF 2.3 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,540+/- square foot medical office space is available for lease within the well-maintained Carriage Plaza, situated at 31075 Cortez Blvd in Brooksville, Florida. Located just off I-75 Exit 301 and boasting excellent visibility on Hwy 75/State Rd 50, this property offers unparalleled access and exposure. Previously occupied by Millennium Physician Group, the space features a functional layout designed for multiple doctors, including approximately 15 individual exam rooms, a surgery room, staff offices, restrooms, storage, and a utility room. The larger 13,500 square foot building, constructed in 1985 and renovated in 2019, sits on a 2.3-acre lot within a thriving commercial area, close to numerous national retailers and restaurants. Its convenient location is less than 14 miles from Tampa General Hospital (TGH) Brooksville and approximately 19 miles east of Oak Hill Hospital (HCA). The property is zoned commercial and benefits from a highly visible location with ample frontage along Cortez Blvd. The space is divisible, offering flexibility for potential tenants. Lease rates exclude utilities, property expenses, and building services. This is an ideal opportunity for medical professionals seeking a well-established and easily accessible location. The property is classified as Class C and is a single-tenant building.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1985
Construction BRICK
Total area 4,554 SF
Lot 2.3 ac (100,188 SF)
APN R32-422-21-0000-0080-0010
UPID US18-3019211

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Pediatrician Physician

Location

31075 Cortez Blvd Brooksville, FL 34602-7542
Brooksville metro Census 40101 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$505k
Comparable Approach Comparable
$635k
Blend (final) Blend
$545k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $865,000 +46.4%
Retail stores $695,000 +17.7%
Medical building $615,000 +4.4%

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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