Highly Desired Trinity Market 15+ Acres Development Land

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30624157
Property Subtypes: Office, Residential (Single Family), Retail, Other
Status: Pending
Gross Land Area: 15 Acres
Sale Price: $1,595,000
Unit Price: $106,333 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2022

Overview / Comments

This offering is for a total 15+ acres with approx. 9.68+/- upland acres in the highly sought-after Trinity market. Located at the NWC of Mitchell Blvd and Pemberton, this acreage offers a secluded, private infill development opportunity.
11.5+/- acres are zoned C2 and the balance has an expired MPUD zoning, which would need to be rezoned for future development. The Future Land Use is ROR, Retail, Office, Residential and Res 6 (6 units/acre). The Flood Zone is A and X.
The Trinity Corridor is exploding with development. Multiple projects are underway such as Mitchell 54 West, Asturia, Bexley Ranch, Starkey Ranch and Wiregrass. There are over 16,500+/- residential units in the pipeline, as well as 5,923,000+/- SF of commercial and non-residential uses under development. The demographics are very strong at $72,495 average income within a 3 mile radius.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 34-26-16-0000-00100-0090
Zoning: C2 AND EXP. MPUD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,663 62,573 145,773
Median Age: 40.56 43.18 46.11
Households: 3,780 25,664 63,059
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