1194 Broad StBrooksville, FL 34601

Property Details for 1194 Broad St

Year built

1993

Construction

CONCRETE

Lot size

0.51 AC

Property size (Sq ft)

2,400 SF

Property type

Retail properties

Property subtype

Retail space

APN

R28-422-19-0000-0060-0051

APU

R2842219000000600051

Description

This exceptional 2,703-square-foot retail property is situated on a 0.51-acre lot in the thriving city of Brooksville, Florida. Located at 1194 S Broad St, this single-tenant building presents a fantastic opportunity for a variety of businesses. The property is currently vacant, offering immediate occupancy for the new owner. The building is classified as Class B and features a single story. The zoning designation is X, and the APN is R28-422-19-0000-0060-0051. Its versatile nature makes it suitable for a wide range of uses, including oil change facilities, coffee shops, quick-service restaurants (QSRs), cellphone stores, or medical offices. The property's prime location in Hernando County ensures high visibility and accessibility, attracting significant foot traffic and potential customers. This freestanding building offers ample space for a variety of business configurations. The property's size and location make it an ideal investment for entrepreneurs and investors seeking a strong foothold in a growing market. The address is easily accessible and benefits from excellent visibility on S Broad St. This is a rare opportunity to acquire a well-located, versatile retail space in a desirable area. The property is ready for immediate occupancy and customization to suit the needs of the new tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $675,243

  6.5%

  $623,301

  7%

  $578,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,104,546

  Geo Method

  $1,104,546

• Alternative Use

  Use

  Valuation

  Residential

  $525,778

  Hospitality

  $481,610

  Educational

  $400,693

  Medical

  $414,474

  Retail

  $623,301

Location Insight

City

Brooksville

County

Hernando

State

Florida

Latitude

28.5428

Longitude

-82.4029

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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