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Very rare opportunity to purchase one of the remaining fee simple retail lots at Lowes Home Improvement located in Brooksville, Florida! Located just off the South East corner of the signalized intersection at US 41/Broad Street (25,000 AADT) and Wiscon Road (9,600 AADT). Fronting US 41 with 173' of HWY frontage at the southerly entrance of the Lowes site. We are offering two parcels of C2 zoned land totaling 3.9 acres (Parcel C ~1.5 Ac, Parcel D ~2.4 Ac) with potential drive way connection to Lowes and adjoining retail. Brooksville, Florida is located in unincorporated Hernando County, a submarket of the Tampa-St. Petersburg MSA. This metropolitan area is the 18th largest in the United States, with a current population of 3,175,275, featuring an annual growth rate of 10.5%, and is expecting to increase up to 61% (1,457,143) by the year 2040. Hernando County's current population of 200,596 is growing by 1.66% annually and is expected to increase the current population by 30% by 2040 (54,322). Within a 15 min drive of the subject property, a majority of the consumer expenditures in the trade area include: Restaurants/QSR, housing, entertainment/recreation, clothing and medical/physician services. Within a 5 min drive time, 67.7% of the population went to family restaurants/steak houses, 88.3% went to fast food/drive-in restaurants, 74.8% bought automobiles, 69% bought beverages and 32.3% bought cell phones.
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.