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29576104
29576127

29114 Cortez Blvd, Brooksville, FL 34602 For Sale

MG
FL BK3342272
Bridge Point Business & Real Estate Advisors
Listed by Bridge Point Business & Real Estate Advisors
$800,000
165 days on market
Updated 165 days ago

29114 CORTEZ BLVD, BROOKSVILLE, FL 34602

Details
Property Type Land, Mixed Use (+1)
Sub Type Commercial
Cap Rate 7.5%
NOI $60,000
Lease Expiration 01/31/2027
Remaining Term 0.5
Acreage 3.100

OVER 3 ACRES WITH 500' OF ROAD FRONTAGE ON CORTEZ BLVD/FL-50

Marketing description

Highly Visible Commercial Property in Prime Location! Take advantage of an incredible opportunity to own prime commercial real estate in a high-visibility location in Hernando County - located in one of Florida's most rapidly growing areas. With OVER 500' direct frontage on the freshly paved Cortez Boulevard (SR50), this property sees over 20,000 daily vehicular traffic volume and offers convenient access to I-75. La Pine Rd Zoning is a mix of C2, R3, and AR, offering flexibility for commercial, residential, or mixed-use development. With strong highway frontage along State Road 50 (Cortez Blvd), the site sits along a major commercial corridor that continues to attract investment and expansion. Property Highlights: • High-visibility Cortez Blvd frontage • Combined 3.1± acres (THREE parcels) • Flexible zoning: C2/R3 & R3/AR • Surveys available upon request • Dimensions vary – contact for more details • Suitable for retail, office, medical, or light industrial Thriving Commercial Environment: Surrounded by a mix of national and regional businesses, the property is proximate to: • Walmart Supercenter, Lowe’s, Tractor Supply Co. • Capital City Bank, SouthState Bank, and Regions Bank • AutoZone, O’Reilly Auto Parts, and multiple auto dealerships • Distribution facilities and light industrial parks nearby • Restaurants including McDonald’s, Wendy’s, Popeyes, Dunkin’, and local diners • Gas and convenience options such as Circle K, Racetrac, and Mobil This growing corridor has become a hub for logistics, trade services, and retail activity — ideal for businesses looking to capitalize on the area’s increasing traffic and customer base. Strategic Location: Just minutes to the I-75 interchange, with convenient access to: • Tampa International Airport – approx. 50 minutes • St. Pete–Clearwater International Airport – approx. 1 hour • Downtown Brooksville – approx. 20 minutes • Wesley Chapel/SR-56 corridor – approx. 30 minutes • Nearby CSX rail lines and Hernando County’s expanding industrial parks Market Overview: Brooksville continues to grow as a residential and commercial destination. Its strategic location along the Nature Coast and central Florida logistics routes makes this site a smart investment for future development. This property's zoning allows for a variety of commercial uses, making it an ideal location for businesses looking to expand or establish a new presence in the area. The main building, constructed in 1980 as The Iron Skillet Bar & Grill, offers 2,691 square feet of space, providing plenty of room for offices, retail space, or other uses. The detached garage, built in 2009, features 630 square feet of enclosed storage/garage area and 1,574 square feet of auxiliary area comprising covered porch areas and an oversized carport measuring 24x44. With its ample space, this property offers the potential for significant rental income from multiple sources. Don't miss out on this rare opportunity to own prime commercial real estate in a highly visible location with incredible potential. Three parcels included to equal 3.1 Acres MOL. Current Leases in place. Contact us today to schedule a viewing!

Listing Contacts

MG
FL BK3342272
Bridge Point Business & Real Estate Advisors
Listed by Bridge Point Business & Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Melinda Grimes
License
BK3342272
Brokerage
Bridge Point Business & Real Estate Advisors
Brokerage Phone
352-515-0226
Title
Broker Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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