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Cortez Blvd - Cortez Blvd Commercial Development 28.95 Acres of Commercial Land Offered at $6,900,000 in Brooksville, FL 34613



Investment Highlights
- 28.95 ± acre development site zoned commercial (can be subdivided)
- 950 ± units of single family, villa and multi-family new residential development behind site
- Frontage and exposure to Cortez Blvd (SR 50), a six lane major commuter roadway
- Strategic location at a signalized intersection. Ideal for office, medical office and retail developers. Convenient accessibility
- Adjacent to Oak Hill Hospital with a recent $100M expansion - Major employer with 2000+ on staff
- Strategically located 2.25 ± miles east of US 19 and 3.5 ± miles west of the Suncoast Parkway
Property Facts
| Price | $6,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 28.95 AC |
| Property Type | Land | ||
| Zoning | MPUD - Master Planned Unit Development | ||
| Price | $6,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 28.95 AC |
| Zoning | MPUD - Master Planned Unit Development |
1 Lot Available
Lot
| Price | $6,900,000 | Lot Size | 28.95 AC |
| Price Per AC | $238,341.97 |
| Price | $6,900,000 |
| Price Per AC | $238,341.97 |
| Lot Size | 28.95 AC |
Description
Prime commercial opportunity in the growing Brooksville/Spring Hill area of Hernando County. This exceptional commercial site is strategically located 2.25 miles east of US Highway 19 and approximately 3.25 ± miles west of the Suncoast Parkway, providing seamless access to major North-South corridors serving Florida's Gulf Coast. Situated at a signalized intersection with direct frontage on Cortez Boulevard (SR 50) a six-lane major commuter route with daily traffic counts of 42,500 AADT, the property offers outstanding visibility and accessibility. Zoned MPUD, the site presents a versatile canvas for a range of development opportunities, including office, medical office, retail, or mixed use development. Adjacent to the property, Oak Hill Hospital - employing approximately 1500-2000 people has recently completed a $100 million dollar expansion, reinforcing the area's strong employment base and daytime population. Directly behind the site, D.R. Horton is constructing more than 950 new residential units, further driving rooftops and consumer demand in this rapidly expanding corridor. With prime positioning, strong traffic counts, and significant surrounding growth, this property offers an ideal foundation for investors and developers seeking to capitalize on the continued momentum of the Spring Hill commercial market. Location Description Discover the endless possibilities of Spring Hill, FL, where the property is located. Situated in an area known for its vibrant business community and prime investment opportunities, this location offers convenient access to major roadways, dining, shopping, and recreational amenities. Nearby points of interest include the Oak Hill Hospital and medical complex, 950 new residential homes, and the Oak Hill Senior Living Facility. With a growing population and a diverse array of businesses, the area presents an excellent opportunity for office, retail and office building investors to establish a presence in a thriving and dynamic community.
Property Taxes
| Parcel Number | R30-422-18-0000-0020-0000 | Improvements Assessment | $0 |
| Land Assessment | $4,322,342 | Total Assessment | $4,322,342 |
Property Taxes
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Cortez Blvd - Cortez Blvd Commercial Development
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