HWY 54

WESLEY CHAPEL, FL, 33545

$3,000,000

$3,000,000
Active
Active
 - For Sale
property_type
Land
This tract has HUGE potential! Property is approved, grandfather in and exempt, allowing Multi-family 55 years and older with conditional use, It's not in the Moratorium district. 19.33 total acres which consist of 4.65 uplands and 14.60 wetlands. Whether your starting your own business or buying for an investment, you don't want to miss this one! This tract is in a rapidly expanding area! In close proximity to: WAWA's, Walgreen's , Chick-Fil-A, Wiregrass Mall, Baycare Health, Morton Plant, and Advent-health Hospitals, and so much more. With amenities seconds away, this track can readily support a multi-family project, apartments, or even an upscale Hotel or climate-controlled storage facility. Site is located in an Urban Service Area. C-2 General Commercial District zoned properties do not have a maximum building height in the Urban Service Area. There are limitations on floor area ratio on the development per the Pasco County Comprehensive Plan. Tucked away and secluded. The County has approved 148 units for development, with conditional use 55years and older in a multi-family/multi apartments units. To obtain an additional 3 acres, which allows 200 units, There are two options as follows: 1.) Reduction of elimination showing that you need the additional acreage, an environmental consultant, process called UMAM (UNIFORM MITIGATION ASSESSMENT METHOD. WHICH CAN BE DETERMINED WITHIN ONE WEEK. 2.) Exchange upland for wetlands based on scoring. You can buy 1-Credit at $120K, called Forest Credits (Cypress) from the Mitigation Bank. There are 3 entry/exit easements: one is 70' (access entry from SR 54), one is 36' (at the Bruce B Downs red light and goes behind Walgreens), and one is 25' (behind WAWA's). This tract is located right off I-75 and SR 54. This tract is an ideal location for a new business or expansion! The average income, along with commuting traffic flow, can readily support any investment venture. Commuting couldn't get any easier with the on/off-ramp to I-75 just feet away. This piece is centrally located around a thriving community. Minutes away from multiple Hospital Facilities as well as Downtown Tampa. Contact the Listing Agent for full Demographics. All the zoning with special conditional use has been completely approved. You can start construction as soon as you get your preliminary drawing approved, the zoning is already in place.
MLS ID:
W7818760
Listed:
12/9/19
Updated:
12/4/21
Coldwell Banker Global Luxury
Robert O'Connor

Exterior/Building Features

Lot Size
19.0 acres lot
Lot Details
Buildable, In County, Private
Sewer
None

Other Property Details

Area Name
33545 - Wesley Chapel
Taxes
$16695.02
Tax Frequency
per YEAR
Attached Garage
No
Parking
N
View
N
County
Pasco
Utilities
Electrical Nearby, Sewer Available, Water Available
Water Source
None
Pool
No
Zoning
C2

Courtesy of SOUTHLAND PROPERTIES GROUP INC

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Data last updated 12/4/21, 7:40 PM UTC

Coldwell Banker Global Luxury
Robert O'Connor
Contact Agent