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Investment Highlights

  • Approved plans for 360,000 SF buildable 4 story apartments
  • Traffic Count 64,500 AADT
  • Located 1.35 miles east of US19
  • 19.79 MOL Usable acres
  • Located 4.45 miles west of the Suncoast Parkway

Executive Summary

** PRICE REDUCTION **
Prime Commercial Development Opportunity on Cortez Blvd, Spring Hill, FL
This exceptional 45-acre vacant land parcel, located on Cortez Blvd (SR 50) in Spring Hill, FL, presents an outstanding opportunity for commercial development. Positioned just 4.5 miles west of the Suncoast Parkway (SR 589) and 1.35 miles east of US 19, this site offers high visibility and accessibility in a rapidly growing area.
Key Features:
? Zoning: Commercial Planned Development (CPDP)
? Approved Plans: 360,000 buildable square feet, including 4-story apartments
? Usable Acres: Approx. 19.70 MOL
? Traffic Exposure: 64,500 AADT (Average Annual Daily Traffic) on Cortez Blvd
? Strategic Location: High-growth corridor with excellent access to major highways
This property is ideally suited for mixed-use development, retail, multifamily housing, medical offices, or other commercial ventures. Don’t miss this rare opportunity to invest in one of Hernando County’s most sought-after commercial corridors!

Data Room Click Here to Access

Property Facts

Price $6,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
  • Office Park
Total Lot Size 45.00 AC
Zoning CPDP / CPDP - Commercial Planned Development

1 Lot Available

Lot

Price $6,000,000
Price Per AC $133,333.33
Lot Size 45.00 AC

Prime Commercial Development Opportunity on Cortez Blvd., Spring Hill, FL

Description

Prime Commercial Development Opportunity on Cortez Blvd, Spring Hill, FL This exceptional 45-acre vacant land parcel, located on Cortez Blvd (SR 50) in Spring Hill, FL, presents an outstanding opportunity for commercial development. Positioned just 4.5 miles west of the Suncoast Parkway (SR 589) and 1.35 miles east of US 19, this site offers high visibility and accessibility in a rapidly growing area. Key Features: Zoning: Commercial Planned Development (CPDP) Approved Plans: 360,000 buildable square feet, including 4-story apartments Usable Acres: Approx. 19.70 MOL Traffic Exposure: 64,500 AADT (Average Annual Daily Traffic) on Cortez Blvd Strategic Location: High-growth corridor with excellent access to major highways This property is ideally suited for mixed-use development, retail, multifamily housing, medical offices, or other commercial ventures. Don’t miss this rare opportunity to invest in one of Hernando County’s most sought-after commercial corridors!

Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R31-422-18-0000-0020-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,218
  • Listing ID: 34902126

  • Date on Market: 2/21/2025

  • Last Updated:

  • Address: 10300 Cortez Blvd, Spring Hill, FL 34613

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