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Property profile & analytics
OFF-MARKET
Commercial real estate

6191 Lockhart Rd Brooksville, FL 34602

5.3 ac lot
Property ID
US18-5506083
Property summary
AI-generated overview

This exceptional 5.3-acre parcel in Brooksville, Florida, presents a unique investment opportunity. Currently zoned AG/Res, this property offers significant potential for rezoning to C1, opening doors for diverse commercial, industrial, or residential development. Situated on Lockhart Road in Hernando County, the land boasts convenient access to water and sewer lines along the Cortez frontage. The property includes a 2-bedroom, 1-bathroom house and a separate utility building, both suitable for demolition to maximize development potential. Its strategic location benefits from proximity to a planned 1 million-square-foot facility with 60 bays and a quad substation, highlighting the area's robust growth trajectory. Furthermore, the property's location near a planned 2,000-home development and its previous use by the Florida Department of Transportation (FDOT) during the SR50 expansion in 2021 underscore its prime position within Hernando County's comprehensive development plan. The asking price is $650,000. The property is located approximately 3 miles from the intersection of Cortez and Lockhart Roads and offers high visibility near I-75. This is a rare chance to capitalize on the burgeoning commercial and residential expansion in this rapidly developing area of Hernando County. The property's location and zoning potential make it an ideal investment for developers seeking to participate in the significant growth projected for this region.

Property profile
Verified
Property type Commercial real estate
Lot 5.3 ac (230,868 SF)
UPID US18-5506083
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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