17 Acre Lakefront Mixed Use Site

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 28660751
Property Subtypes: Office, Retail, Other
Building Status: Proposed
Gross Land Area: 17 Acres
Sale Price: $999,000
Unit Price: $58,764 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

This 17 Acre Mixed Use Lakefront Site boasts approximately 660 ft. of frontage along Highway 301. Currently, the parcels consist of a car lot, homes, and various commercial structures, but the site is destined for redevelopment. Being relatively equidistant to Zephyrhills and Dade City, the site is the only designated “commercial node” along this busy stretch of US 301, offering a prime location for business growth and workforce housing. This property is a prime candidate for development in the upcoming, and, in-progress, Highway 301 Corridor Plan. The recent changes to the Pasco County 2025 Comp Plan included a change, 600 ft deep into the property, to a COM LAND USE, which allows for a high-intensity mixed use development. The COM land use offers entitlement possibilities of up to 24 units / acre and a .6 FAR. After preliminary, yet informal discussions with county planners, there is a strong possibility and willingness to expand this level of density throughout the entire parcel with a master site plan including retail along Highway 301 and secondary retail/professional office, with integrated residential through the remainder of the property back to the lakefront. Building size: 14,469 sf total (multiple structures) dimensions: 660’ x 1275’ less one parcel, zoning: C-1 / C-2 / R, density: 24 Units / Acre (.6 FAR), land use: COM / Res-3, six parcels (back up to lake), utilities: well / septic (municipal soon). Located between Zephyrhills and Dade City in Central / NE Pasco County directly on Lake Gilbert, a small and serene lake bordered by pine forest to the west and an easy commute to Dade City, Zephyrhills, Brooksville, Land O Lakes, Lutz, North Tampa, and New Tampa.
**DETAILED LEASE BROCHURE AVAILABLE IN PHOTOS & DOCUMENTS**

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Submarket Type: Other
Taxing Authority: Pasco County
Tax ID/APN: 1924360000499000000
Zoning: C-1 / C-2 / R
Property Located Between: Lake Gilbert Circle & Hwy 301
Road Type: Highway
Property Visibility: Excellent
Largest Nearby Street: US 301
Feet of Frontage: 660
Highway Access: US 301
Airports: Tampa International
Site Description: This 17 Acre Mixed Use Lakefront Site boasts approximately 660 ft. of frontage along Highway 301.
Area Description: Located between Zephyrhills and Dade City in Central / NE Pasco County directly on Lake Gilbert, a small and serene lake bordered by pine forest to the west and an easy commute to Dade City, Zephyrhills, Brooksville, Land O Lakes, Lutz, North Tampa, and New Tampa.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,959 48,952
Median Age: 48.29 45.88
Households: 5,315 20,049

Contact

Photograph of Listing Agent

Michael Braccia, P.A.

Bay Street Commercial FGCAR CIE Member
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