Park Road Multifamily Site

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 1835213
Property Subtypes: Multi-Family, Retail, General
Status: Pending/Contingent
Gross Land Area: 17.87 Acres
Sale Price: $5,460,000
Unit Price: $305,540 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2021

Overview / Comments

* 17.87 Upland Acres with Great Development Characteristics
* Land Use Plan Change Underway to RES-20 with Potential for Multifamily or Mixed Use.
* Zoning Change Underway to Allow 364 Multifamily Units, with Approval by Year End 2020.
* 330' Frontage on four laned Park Road
* Tax ID/APN: 89922.0000 & 89863.0100
* For Additional Information, Contact Owner/Broker Todd Taylor directly at 813-245-4735

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: P-16-28-22-ZZZ-000004-72250.0
Market Type: Medium
Property Located Between: I-4 & Sam Allen Road
Side of Street: West
Road Type: Highway
Property Visibility: Excellent
Largest Nearby Street: Park Road
Feet of Frontage: 330
Highway Access: Direct Frontage on Park Road 1/2 Mile North of the Interstate-4 Interchange, Providing Easy Access to Plant City, Brandon, Tampa and West Central Florida.
Area Description: Surrounding Area has Existing and Future Commercial and Residential Uses, Including Nearby North Park Isles planned for 1800 Housing Units by Three National Builders. Directly Across Park Road is a Planned 188 bed St. Josephs Hospital to be Opened by 2023.
Lot Frontage: 330
Zoning Description: Currently Zoned for 180 Townhomes and 1.25 Acre Commercial Outparcel, under the Plant City Community Unit District. Rezoning Underway to Allow 364 Multifamily Units.
Topography: Level
Soil Type: Sandy

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,747 27,425 59,011
Median Age: 38.17 37.2 37.04
Households: 954 9,835 20,995


Photograph of Listing Agent

Larry Willis

Willis & Associates, Inc.
CE-FL Member
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