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** 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!
| DAYS ON MARKET | 149 | LAST UPDATED | 6/17/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 34613 - Brooksville/Spring Hill/Weeki Wachee |
| COUNTY | Hernando | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to Jun 17, '25 | $8,500,000 |
|---|---|
| Jun 17, '25 - Today | $6,000,000 |
| ADDITIONAL DETAILS | |
| AREA | 34613 - Brooksville/Spring Hill/Weeki Wachee |
|---|---|
| LOT | 45 acre(s) |
| LOT DESCRIPTION | Cleared |
| LOT DIMENSIONS | 968x400 |
| SEWER | None |
| TAXES | 123.75 |
| UTILITIES | Water Available |
| WATER | None |
MORTGAGE CALCULATOR
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Listing provided by Renee Keylon, SOUTHERN BELLE REALTY, INC
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 7/20/25 3:21 AM PDT.
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