78+- ac on Hightower Drive Dade City

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30044400
Property Subtypes: Agricultural, Industrial, Residential (Single Family)
Status: Pending
Gross Land Area: 78 Acres
Sale Price: $1,000,000
Unit Price: $12,820 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

PROPERTY DESCRIPTION The opportunity is to purchase a 78-acre ranch located on Hightower Road in north Dade City. The property is currently being used for cattle grazing. It features five homes, two wells (1-10" and 1-3"), cattle guards, and is fenced and cross fenced. Three of the houses have fantastic views of Lake Hamilton. Currently, four of the homes are leased and generate approximately $40,000/year. A turning lane will soon be added to U.S. 301 at Pioneer Museum Road. Also, Pioneer Museum Road is going to be widened in the near future. The ranch is adjacent to the city limits of Dade City. There's potential for annexation into Dade City for industrial or residential.

LOCATION DESCRIPTION The property is located at 15604 Hightower Drive, just east of U.S. 301/98 in Dade City in unincorporated Pasco County. It's adjacent to Dade City Business Center and is in close proximity to I-75 (10+ minutes) and I-4 (30+ minutes). The property's central location allows for quick access to downtown Dade City (5 minutes), Lakeland (40 minutes), downtown Tampa (45 minutes), and Orlando (1+ hour).


ZONING AC - Agricultural District

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 2124230000005000000
Property Visibility: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,186 14,613 25,906
Median Age: 26.76 36.59 39.36
Households: 326 5,265 9,337


Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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