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$8,500,000
Est. payment /mo
45 Acres Lot
UPDATED:
02/22/2025 10:02 AM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID TB8353454
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $123
Lot Size 45.000 Acres
Acres 45.0
Lot Dimensions 968x400
Property Sub-Type Commercial
Property Description
Prime Commercial Development Opportunity on Cortez Blvd, Spring Hill, FL
This exceptional 45-acre vacant land parcel, located on Cortez Blvd (SR 50) in Spring Hill, FL, presents an outstanding opportunity for commercial development. Positioned just 4.5 miles west of the Suncoast Parkway (SR 589) and 1.35 miles east of US 19, this site offers high visibility and accessibility in a rapidly growing area.
Key Features:
? Zoning: Commercial Planned Development (CPDP)
? Approved Plans: 360,000 buildable square feet, including 4-story apartments
? Usable Acres: Approx. 19.70 MOL
? Traffic Exposure: 64,500 AADT (Average Annual Daily Traffic) on Cortez Blvd
? Strategic Location: High-growth corridor with excellent access to major highways
This property is ideally suited for mixed-use development, retail, multifamily housing, medical offices, or other commercial ventures. Don't miss this rare opportunity to invest in one of Hernando County's most sought-after commercial corridors!
This exceptional 45-acre vacant land parcel, located on Cortez Blvd (SR 50) in Spring Hill, FL, presents an outstanding opportunity for commercial development. Positioned just 4.5 miles west of the Suncoast Parkway (SR 589) and 1.35 miles east of US 19, this site offers high visibility and accessibility in a rapidly growing area.
Key Features:
? Zoning: Commercial Planned Development (CPDP)
? Approved Plans: 360,000 buildable square feet, including 4-story apartments
? Usable Acres: Approx. 19.70 MOL
? Traffic Exposure: 64,500 AADT (Average Annual Daily Traffic) on Cortez Blvd
? Strategic Location: High-growth corridor with excellent access to major highways
This property is ideally suited for mixed-use development, retail, multifamily housing, medical offices, or other commercial ventures. Don't miss this rare opportunity to invest in one of Hernando County's most sought-after commercial corridors!
Location
State FL
County Hernando
Zoning CPDP
Exterior
Utilities Available Street Lights, Water Available
Building
Lot Description Buildable, Cleared
Lot Size Range 20 to less than 50
Sewer None
Water None
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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