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0 Cortez Blvd - BROOKSVILLE MULTIFAMILY DEVELOPMENT LAND
18.48 Acres of Commercial Land Offered at $4,750,000 in Brooksville, FL 34601
Investment Highlights
- 18.48 Acres of multifamily land, comprising 4 total tax parcels. Approx. 3.60 acres have been identified as wetland area.
- There is a 12 sewer force main on the north side of Cortez.
- AADT - 21,000 Cortez Blvd, 32,500 on Broad Street.
- There is a 12" water line at the north side of property (south side of Cortez), also a 6" line to the west on Horse Lk road.
- The widening of Cortez Blvd project number is - 416733-2-52-01. The estimated completion date is 1/31/2025 - widened to 6 lanes.
- Zoned PDP-MU 945, City of Brooksville. Entitled for 300 units. Due diligence information attached in this listing packet.
Executive Summary
Property Facts
| Price | $4,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 18.48 AC |
| Property Type | Land | Cross Streets | Horse Lake Road |
| Price | $4,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 18.48 AC |
| Cross Streets | Horse Lake Road |
1 Lot Available
Lot
| Price | $4,750,000 | Lot Size | 18.48 AC |
| Price Per AC | $257,035 |
| Price | $4,750,000 |
| Price Per AC | $257,035 |
| Lot Size | 18.48 AC |
18.48 acres of multifamily development land entitled for 300 apartments, zoned PDP MU, City of Brooksville. Cortez Blvd at Horse Lake Road. Price Per Acre $257,035
Description
Excellent development opportunity on 18 acres in growing Brooksville, entitled through a PUD re-zoning for 300 multifamily apartment units. Corresponding documentation is available - other documentation available; survey, sample site plan, soil report, and water/sewer map. There are 4 individual parcels, comprising the 18.48 acres. Superb location on Cortez Road, currently being widened to six lanes, and located just east from the busy Broad Street (U.S Hwy 41) and Cortez Blvd (State Road 50) intersection. Brooksville's general location is 50 miles due north from Tampa and about 65 miles from Orlando. Due diligence information attached. GEOTech report available.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,136,620 | Total Assessment | $1,136,620 |
PROPERTY TAXES
zoning
| Zoning Code | C3 (PDP MU - City of Brooksville.) |
| C3 (PDP MU - City of Brooksville.) |
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Craig Morby -
Eric Ammon -
SVN | Saunders Ralston Dantzler Real Estate
Presented by
0 Cortez Blvd - BROOKSVILLE MULTIFAMILY DEVELOPMENT LAND
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