** PRICE REDUCTION **
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!
10300 CORTEZ BOULEVARD, Brooksville, FL, 34613
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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