Multi-Family Land For Sale

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30393616
Property Subtypes: Mobile Home Park, Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 26.21 Acres
Sale Price: $3,000,000
Unit Price: $114,460 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2020

Overview / Comments

This ±26.21 acre vacant land property is in the immediate path of growth in Central Pasco County and it's located directly north of the proposed Two Rivers Ranch MPUD, near the Rivers Landing MPUD and one mile south SR 54. It is zoned AR and features a future land use of Res 9.

Retail shopping is conveniently located at the NW intersection of SR 54 and Morris Bridge Road and features a Publix and Home Depot Shopping Center.

The State Road (SR) 56 extension to Morris Bridge Road, less than 1/3 of a mile south of this property, is scheduled to open March 2019. This new extension of SR 56 into Two Rivers Ranch allows vehicular access from Morris Bridge Road directly to the Wiregrass and New Tampa areas, I-75, and westward. Once open, this property will be accessible via the interstate in three different directions: Morris Bridge Road to SR 56 to I-75/I-275, Morris Bridge Road south directly to I-75 and Morris Bridge North to SR 54 to I-75.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Taxing Authority: Pasco County
Tax ID/APN: 19-26-21-0010-09900-0000, 19-26-21-0010-11700-0000
Zoning: AR
Property Visibility: Excellent
Largest Nearby Street: Morris Bridge Road
Highway Access: Morris Bridge Road
Site Description: Land Adivsors Organization ("LAO") is pleased to exclusively offer ±26.21 acres at 3140 Morris Bridge Road, Zephyrhills, Pasco County, FL. The property has a future land use of Res 9 and is located in an Opportunity Zone.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,276 24,592 84,967
Median Age: 58.72 51.11 44.03
Households: 1,085 10,477 33,981
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