18± Acre Commercial/Retail, Multi Use Site-18± Acre

Vacant Land for Sale
Catylist Listing ID: 29897820
Property Subtypes: Agricultural, Industrial, Office, Residential (Single Family), Retail
Gross Land Area: 18 Acres
Sale Price: $5,100,000
Unit Price: $283,333 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

The site is an 18+- acre site, which is an assemblage of six individual properties owned and controlled by one family group. The 4.58 acre site fronting on Little rd. is land planned and zoned for commercial uses. The remaining 13.42+- acres is land planned Res-3, and is zoned for Res-3 and AC uses. It is anticipated that higher density commercial or Multi Family uses may be obtained. The site is located in an "X" flood zone and contains no wetlands. Sewer and water is available from Pasco County, Florida. Although the entire site may be utilized for Commercial Development, a concept plan has been prepared to provide for 62,000+-sf of Commercial/Retail Use and a 240 unit Multi Family project. The site is located just south of the Pasco County Government Center and traffic counts on Little Rd exceed 43,000 trips per day. Starkey Wilderness Park is located approximately one mile East of the property. The property could be potentially split into two parcels, utilizing the commercial frontage separate from the balance of the site.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 1626020010005000000

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,426 72,172 159,024
Median Age: 49.17 45.2 45.26
Households: 2,462 31,240 69,198
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