34.2 ac Fully Entitled Comm/Off/Ind/Hotel @ I-75

Vacant Land for Sale
Catylist Listing ID: 30788998
Property Subtypes: Hospitality, Industrial, Office, Retail
Gross Land Area: 34.20 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

PROPERTY DESCRIPTION - The is an opportunity to develop one-of-a kind property fully entitled with comp plan amendment and zoning in place for up to 315,000 SF of Commercial,Office, Light Manufacturing and/or Hotel uses at the new I-75 & Overpass Road interchange in Pasco County, FL.

LOCATION DESCRIPTION - Located at the NEC of Overpass Road & Old Pasco Road immediately off the new interchange of Overpass Rd I-75 in Wesley Chapel, Pasco County, FL.Construction is underway on the new interchange at I-75 and Overpass Road (known as Exit 284), bringing more connectivity to northeast Pasco, andopens up an east/west route to aid current and future developments in the area including Connected City and the Villages of Pasadena Hills. Overpass Rdis scheduled to be open in February 2022 with the Interchange opening by Summer 2023. Access for the property will be provided off of Old Pasco Rd. Noaccess is allowed from Overpass Rd. Prior to closing the seller will harvest the pine trees from the property leaving the property ready for development.The surrounding area is abundant with new residential developments currently underway including, Park Meadows along Old Pasco Road, Epperson Ranchand Epperson North (Crystal Lagoons) on Overpass Road, Mirada to the north, and Watergrass. Connected City includes Spectrum ULTRAFi andtransformative amenities such as a 15-acre Crystal Lagoon.

MUNICIPALITY - Pasco County

PROPERTY SIZE - 34.2 Acres

ZONING - MPUD – Commercial: Allows for up to 315,000 SF of Commercial Uses including Light Manufacturing, Office and Hotel. Residential uses are not allowed.

PARCEL ID - 29-25-20-0000-00500-0000

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 29-25-20-0000-00500-0000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,300 18,445 49,904
Median Age: 31.54 39.63 37.05
Households: 715 6,598 17,350

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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