Active

$1,150,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRW7876248
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Redevelopment or Value-Add Opportunity!! Presenting a RARE 9.2-acre commercial property zoned C2, ideally situated just south of the high-traffic intersection at Ayers Road and US Highway 41. This parcel offers immediate commercial development potential in one of Hernando County's most active growth corridors, benefiting from excellent access, visibility, and existing infrastructure. The property includes several existing structures, including two single-family residences, two warehouse buildings, and a manufactured home, totaling over 4,900 square feet of existing improvements. These buildings may be renovated for adaptive reuse or cleared for new construction, giving developers and investors multiple paths to value creation. Key improvements include: (2) Single-Family Residences (built 1945 & 1948), (2) Warehouses (built 1948 & 1960), (1) Manufactured Home (1980). Whether you choose to rehabilitate existing structures for income-producing use or reposition the property for new commercial development, this site offers flexibility, frontage, and high C2 zoning that allows for a broad range of uses—retail, service, storage, flex space, or mixed-use. With city water and sewer available and located near a major planned commercial node, this property is a strategic hold, value-add, or development play in a booming region!
Financial Considerations
Price:
$1,150,000
HOA Fee:
N/A
Tax Amount:
$5436
Price per SqFt:
$2.87
Tax Legal Description:
12A IN SE1/4 OF SE1/4 LYING W OF US HIGHWAY 41 DB 101 PG 234 LESS R/W FOR US 41 DES IN ORB 1759 PG 988
Exterior Features
Lot Size:
400752
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1157 BROAD ST
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