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10472 Centralia Rd
Brooksville, FL 34614

Land For Sale · 154.00 AC

Investment Highlights

  • Makes for an easy commute to Downtown Tampa and St. Petersburg

Executive Summary

PROPERTY DESCRIPTION
The opportunity consists of 154± acres at the corner of US 19 & Centralia Rd. in Hernando County, FL. Currently zoned agricultural, there is a master plan for 385
single-family dwelling units and 120,000 sq.ft. of commercial.
LOCATION DESCRIPTION
The property is three contiguous parcels totaling 154± acres at the southeast corner of Centralia Road & US 19 in Brooksville, FL. The Suncoast Parkway and SR 50
(Cortez Blvd.) makes for an easy commute to Downtown Tampa and St. Petersburg. The surrounding area consists of a mixture of transitional land and single-family housing and mobile homes with heavy retail along SR 50 and the Suncoast Parkway exit. Just north of Centralia Road, a new extension of Suncoast Parkway from US 98 to SR 44 is currently underway and is expected to be completed in 2022. Immediately south of the site is a new complex of Elementary through 12 public schools. Just a short distance (3 miles) south is a Publix anchored shopping center and a Walgreens drug store.
MUNICIPALITY
Hernando County
PROPERTY SIZE
154± Acres
UTILITIES
County provided force main for sewer and water services are ready
ZONING
AG - Likely requires rezoning to a mix of 40' & 50' lots. Using four upa new density for 144 acres, a yield of 576 lots plus 10 acres of commercial
FUTURE LAND USE
C/PDP: Residential with commercial at Centralia Rd. and US 19, planned 133 acres Residential, 14 acres commercial, seven acres recreation & open space
PARCEL ID
940398, 940389, 1128782
PRICE
$6,384,000 (Projected 532 residential units at $12,000/unit)

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 154.00 AC

1 Lot Available

Lot

Price $9,170,297 CAD
Price Per AC $59,547 CAD
Lot Size 154.00 AC

The property is three contiguous parcels totaling 154± acres at the southeast corner of Centralia Road & US 19 in Brooksville, FL. The Suncoast Parkway and SR 50.

Description

The opportunity consists of 154± acres at the corner of US 19 & Centralia Rd. in Hernando County, FL. Currently zoned agricultural, there is a master plan for 385 single-family dwelling units and 120,000 sq.ft. of commercial.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R36-421-17-0000-0010-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$579,815 CAD

zoning

Zoning Code AG (Agricultural)
AG (Agricultural)
  • Listing ID: 22383103

  • Date on Market: 2021-03-03

  • Last Updated:

  • Address: 10472 Centralia Rd, Brooksville, FL 34614

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