For Sale
$6,700,000

31170 Cortez BlvdBrooksville, FL 34602

North Tampa Bay development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 38.5-acre commercial land parcel presents a unique investment opportunity in the thriving North Tampa Bay area, specifically located at 31170 Cortez Blvd, Brooksville, FL 34602. Zoned C-2, this property boasts a highly desirable "hard corner" location at a signalized intersection, offering unparalleled visibility and accessibility. Its strategic proximity to Interstate 75 and a major Walmart distribution center ensures significant traffic flow and convenient logistics. The asking price is $6,700,000, translating to a land value of $7 per square foot. The expansive acreage is well-suited for a diverse range of development projects, including multifamily residential, retail, office, and medical facilities. Preliminary analysis suggests potential for approximately $12,500 per multifamily unit. A 12-acre portion of the land is also separately valued at $2,950,000 for retail development. This prime location and flexible zoning make this property an ideal investment for developers seeking high-return opportunities in a rapidly growing market. Hernando County's robust economy and strategic location within the Tampa Bay region further enhance the property's long-term potential. Don't miss this chance to acquire a significant piece of land in a prime location with exceptional development possibilities.

Property Details for 31170 Cortez Blvd

Property type
Land
Lot Size (sq. ft)
1,677,060 SF

Location Insight

City
Brooksville
County
Hernando
State
Florida
Latitude
28.523050054438
Longitude
-82.220008900496
31170 Cortez Blvd, Brooksville, Florida

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31170 Cortez Blvd
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