720 Broad StBrooksville, FL 34601

Property Details for 720 Broad St

Year built

2007

Construction

CONCRETE BLOCKS

Lot size

0.55 AC

Property size (Sq ft)

1,851 SF

Property type

Turn key restaurants

APN

R22-222-19-2270-0100-0080

APU

R2222219227001000080

Description

This exceptional 0.55-acre commercial land parcel, located at 720 S Broad Street in Brooksville, Florida (zip code 34601), presents a unique investment opportunity. The property boasts a total area of 1,851 square feet and is situated at a high-traffic intersection of US41 and US98, at the north end of a fast-food corridor. Previously occupied by an operating restaurant, much of the existing equipment is included in the sale, adding significant value. Key features include a large walk-in refrigerator and freezer unit, along with ample parking for 27 vehicles. The property benefits from recent upgrades, with the roof and air conditioning system having been replaced approximately three years ago. Currently leased on a month-to-month basis, this property offers flexibility for immediate income generation or redevelopment potential. This prime location and existing infrastructure make this a highly attractive proposition for a variety of commercial ventures. The Hernando County location provides easy access to major transportation routes and a growing community. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Florida market.

• CAP approach

  CAP return

  Valuation

  6%

  $520,783

  6.5%

  $480,723

  7%

  $446,386

• Comparable approach

  Method

  Valuation

  Relative Method

  $851,881

  Geo Method

  $851,881

• Alternative Use

  Use

  Valuation

  Residential

  $405,508

  Hospitality

  $371,443

  Educational

  $309,036

  Medical

  $319,665

  Retail

  $480,723

Location Insight

City

Brooksville

County

Hernando

State

Florida

Latitude

28.5503

Longitude

-82.3985

CBSA code

45300

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].