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19130 Cortez Blvd - Horse Lake Land 18.42 Acres of Commercial Land Offered at $3,295,000 in Brooksville, FL 34601
Investment Highlights
- Hernando County Economic Development Director reports 26 active projects, with 1,552 new jobs, and a $477 million capital investment
- Brooksville-Tampa Bay Regional Airport & Tech Center is home to 120 businesses and 2,200 employees
- $40,395 Median Household Income, combined with nearby employment base provides bias of demand for multifamily housing
- Amazon is building $150-million, 517,220-square-foot distribution facility nearby
- Recently opened Cabot Citrus Farms, a destination golf resort on 1,200 acres, expects to add 400 jobs over the next 10 years
- 45 minutes to Downtown Tampa, Tampa International Airport and Westshore Business District with more than 4,000 businesses and 100,000 employees
Executive Summary
+/- 18.42-acre multifamily mixed-use development site in Brooksville, Florida (Tampa Bay MSA). In-place PDP-MU zoning approval for 300-unit multifamily development with 10,000 sq ft of floor space for C-2 retail uses. Located in Brooksville’s retail core – 0.6 mile west of major intersection of Cortez Blvd/SR 50 & US 41 with 32,000 VPD. Situated along Cortex Blvd/SR 50 – currently being widened to six lanes, scheduled for completion in the Summer of 2025. 0.3 mile west of Publix Supermarket; Applebee’s Grill + Bar, Bealls, CVS, Harbor Freight, Walmart Supercenter, Walgreens, Wawa and numerous other retail and dining options all within 1 mile. Walkable to next-door Beef ‘O’ Brady’s-anchored Horse Lake Plaza. 0.5 mile east of the newly constructed Good Neighbor Trail Connector Overpass. 2.6 miles to 120-bed Bravera Health Brooksville Hospital. Hernando County population five-year growth rate is 10.1% and expected to grow 26% by 2050, according to Tampa Bay Regional Planning Council
Property Facts Under Contract
| Price | $3,295,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 18.42 AC |
| Property Type | Land | ||
| Zoning | C3 - PDP MU - City of Brooksville. | ||
| Price | $3,295,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 18.42 AC |
| Zoning | C3 - PDP MU - City of Brooksville. |
1 Lot Available
Lot
| Price | $3,295,000 | Lot Size | 18.42 AC |
| Price Per AC | $178,881.65 |
| Price | $3,295,000 |
| Price Per AC | $178,881.65 |
| Lot Size | 18.42 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,136,620 | Total Assessment | $1,136,620 |
Property Taxes
Parcel Numbers
Land Assessment
$1,136,620
Improvements Assessment
$0
Total Assessment
$1,136,620
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19130 Cortez Blvd - Horse Lake Land
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