1676 W Jefferson St - 3 ac Commercial Corner Brooksville
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1676 W Jefferson St - 3 ac Commercial Corner Brooksville
3 Acres of Commercial Land Offered at $1,500,000 in Brooksville, FL 34601
Executive Summary
PROPERTY DESCRIPTION
The subject property is rectangular in shape and consists of approximately 33.2± acres at the intersection of SR 50 & Cobb Rd. in Brooksville, FL. The owner is willing to sell off 3 acres at the corner of SR 50 & Cobb Rd (see site plan on page five). The property is boarded on 3 sides with paved roads: SR 50 on the south side, Cobb Rd on the west side and Fort Dade Ave on the north side. Property is heavily wooded and is primed and ready for development.
LOCATION DESCRIPTION
The property is located in the City of Brooksville (Hernando County) at the northeast corner of SR 50 and Cobb Rd, approximately 1.5 miles west of the central business district in downtown Brooksville, FL. The property is located in an Opportunity Zone.
OPPORTUNITY ZONE
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in targeted communities by reducing taxes for many job creators. The Opportunity Zones program provides a tax incentive for investors to re-invest their unrealized capital
gains into Opportunity Funds that are dedicated to investing into Opportunity Zones. Opportunity Zones enhance local communities' ability to attract businesses, developers, and financial institutions to invest in targeted areas by allowing investors to defer capital gains taxes. Additional information can be found at www.cdfifund.gov/Pages/Opportunity-Zones.aspx.
MUNICIPALITY
City of Brooksville
PROPERTY SIZE
33.2± Acres
ZONING
PDP
FUTURE LAND USE
Commercial
PARCEL ID
R20 222 19 2740 00A0 0020, R20 222 19 2740 00B0 0060, & R20 222 19 2740 00K0 0030.
The subject property is rectangular in shape and consists of approximately 33.2± acres at the intersection of SR 50 & Cobb Rd. in Brooksville, FL. The owner is willing to sell off 3 acres at the corner of SR 50 & Cobb Rd (see site plan on page five). The property is boarded on 3 sides with paved roads: SR 50 on the south side, Cobb Rd on the west side and Fort Dade Ave on the north side. Property is heavily wooded and is primed and ready for development.
LOCATION DESCRIPTION
The property is located in the City of Brooksville (Hernando County) at the northeast corner of SR 50 and Cobb Rd, approximately 1.5 miles west of the central business district in downtown Brooksville, FL. The property is located in an Opportunity Zone.
OPPORTUNITY ZONE
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in targeted communities by reducing taxes for many job creators. The Opportunity Zones program provides a tax incentive for investors to re-invest their unrealized capital
gains into Opportunity Funds that are dedicated to investing into Opportunity Zones. Opportunity Zones enhance local communities' ability to attract businesses, developers, and financial institutions to invest in targeted areas by allowing investors to defer capital gains taxes. Additional information can be found at www.cdfifund.gov/Pages/Opportunity-Zones.aspx.
MUNICIPALITY
City of Brooksville
PROPERTY SIZE
33.2± Acres
ZONING
PDP
FUTURE LAND USE
Commercial
PARCEL ID
R20 222 19 2740 00A0 0020, R20 222 19 2740 00B0 0060, & R20 222 19 2740 00K0 0030.
Property Facts
| Price | $1,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 3.00 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 3.00 AC |
| Price Per AC | $500,000 |
| Price | $1,500,000 |
| Price Per AC | $500,000 |
| Lot Size | 3.00 AC |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $13,016 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$13,016
zoning
| Zoning Code | PUD (PLANNED UNIT DEVELOPMENT) |
| PUD (PLANNED UNIT DEVELOPMENT) |
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Chris Bowers -
Eshenbaugh Land Company
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1676 W Jefferson St - 3 ac Commercial Corner Brooksville
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