Unique Opportunity on SR 52, Land O'Lakes

Vacant Land for Sale
Catylist Listing ID: 30554485
Property Subtypes: Agricultural
Gross Land Area: 447.75 Acres
Sale Price: $35,000,100
Unit Price: $78,168 Per Acre
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

PROPERTY DESCRIPTION The opportunity is to rezone and develop eight parcels along the south side of SR 52. The frontage parcels included are 56.87 acres, 67.33 acres, 18.45 acres and 4.12 acres. The front parcels have adjacent southern parcels of 107.49 acres, 95.43 acres, and 82.96 acres that run north of the old rail line. The 8th parcel was the railroad ROW of 15.10 acres. On the south side of all of this is a major public property owned by SWFWMD. A proposed concept plan shows the entire property that is proposed for the MPUD rezoning. The plan yields a total of 1,605 residential units (see concept plan for details).

LOCATION DESCRIPTION Located along State Road 52 in Land O' Lakes, FL. The property is situated between the Suncoast Parkway and Interstate-75, making for a quick 30-minute commute to downtown Tampa and a 45 minute commute to Tampa International Airport. This rapid growing area of Pasco county has shopping, dining, medical services and schools in close proximity, such as The Tampa Premium Outlets and Shops at Wiregrass. Clearwater, St. Pete and Tampa area beaches as well as Tampa Bay are also convenient destinations. MUNICIPALITY Pasco County

PROPERTY SIZE 447.75± Acres

ZONING AG

FUTURE LAND USE Employment Center (EC)

PARCEL ID 10-25-19-0000-00400-0000, 10-25-19-0000-00500-0000, 15-25-19-0000-00400-0000,15-25-19-0000-00500-0000, 15-25-19-0000-00600-0000, 15-25-19-0000-19900-0000, 10-25-19-0000-00700-0010, 10-25-19-0000-00600-0000

PRICE Contact Broker For Pricing Details

This has a variable rate commission.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 1925100000003000000

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,543 20,459
Median Age: 43.2 44.1
Households: 517 7,355

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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