Citrus Park Development Opportunity 11 Acres

Vacant Land for Sale
Catylist Listing ID: 29944877
Property Subtypes: Multi-Family, Retail
Gross Land Area: 11 Acres
Sale Price: $2,500,000
Unit Price: $227,272 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2021

Overview / Comments

Rare development opportunity in the heart of Citrus Park - Gunn Highway - South of Ballyhoo Restaurant across the street from Citrus Park Little League - 3 Separate parcels available totaling approx 11 acres - Includes land on both sides of the Upper Tampa Bay Trail - Land on the east side of the trail is zoned CPV A-2 - Allows BPO, Multi Family 12 units per acre plus wetland density bonus, and CN uses - Land on the west side of the trail is zoned CPV - A-6 - Allows 2 story CN uses - See listing agent for breakdown on how much land is on each side of the trail and estimates of wetland acreage - Includes access from both Gunn Highway and Ehrlich Rd via Basswood Ave

003159-2000 3.90 Acres
003157-0000 4.01 Acres
003009-0000 3.10 Acres - $ 2,500,000

Perfect setting for multi family development or ALF and related uses east of the trail and you still have the commercial property to develop west of the trail in this very desirable location - Call Ray Prendes @ 813-784-6191 for more info -

Information included in this marketing was collected from sources believed reliable including but not limited to the owners, survey documents, public records, and county / city employees. Interested parties should confirm any pertinent details during a due diligence period prior to closing on the purchase.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 003159-2000, 003157-0000, 003009-0000
Zoning: CPV A-2 / CPV A-6
Property Located Between: Ehrlich Rd / Gunn Hwy & Gunn Hwy / Citrus Park Dr
Side of Street: East
Property Visibility: Good
Feet of Frontage: 300
Transportation: Bus
Zoning Description: CPV A-2 & CPV A-6

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,429 78,667 212,193
Median Age: 37.54 38.26 38.86
Households: 2,467 29,515 82,627

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