23.34 ac Commercial @ Lighted Corner SR 50

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30731046
Property Subtypes: Office, Retail, Self Storage
Status: Pending
Gross Land Area: 23.34 Acres
Sale Price: $4,600,000
Unit Price: $197,086 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

PROPERTY DESCRIPTION - The opportunity is to develop a 23.34┬▒ acre commercial site at a lighted corner on SR 50 in Hernando County, Florida. The site is cleared with no wetlands and has approx. 750 feet of frontage on SR 50 and 1230 feet of frontage on Kettering Rd. Water and sewer are to the property. It is zoned PD for GC uses.

LOCATION DESCRIPTION - The parcel is located on the southeast lighted corner of Kettering Road and State Road 50 in Hernando County, FL. The eastern boundary is a conversion of rails to trails system and a significant amount of land east of the site is public forests along the Withlacoochee River and with the great Green Swamp Preserve. The site is approximately 1 mile east from Interstate 75. The southern end of the property is a 1.5 million┬▒ square feet Wal-Mart distribution center.

PROPERTY SIZE - 23.34┬▒ Acres

ZONING - General Commercial

PARCEL ID - R04-423-21-0000-0010-0020

UTILITIES - Appear to be at the perimeter for electric, sewer, and water.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hernando
Tax ID/APN: R04 423 21 0000 0010 0020

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,066 17,419
Median Age: 43.88 42.62
Households: 3,960 6,682


Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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