9224 Old Pasco Rd
- 10 Acres zoned Agriculture (AC) with Future Land Use (FLU) that allows 3 units / acre
- 284± feet of frontage along Old Pasco Road
- Possible opportunity for 8-9 units / acre based on past instances with area MPUD’s allowing increase
- Potential to assemble with adjacent landowners for a larger development footprint
- Positioned ±1 mile from Double Branch mixed-use development, bringing 6,000 jobs and $600M impact to Pasco County with 4M SF industrial, 400,000 SF retail, 3,500 housing units, and 300-bed hotel
- Ideally situated in walking distance of “A” graded Cypress Middle School and High School
- Easy access to I-75 with a less than 30 minute drive to Downtown Tampa
- 1 mile from planned 365,000 SF John Hopkins All Children’s Hospital
- Located across I-75 from planned 7,800-acre “Connected City,” expecting 96,000 residents in 37,000 housing units and producing 65,000 jobs over the next 50 years
Property Description
The opportunity is to acquire approximately 10 acres located at 9224 Old Pasco Road in Wesley Chapel, Florida, featuring approximately 284± feet of frontage along Old Pasco Road. The property is zoned AC, Agricultural, with a Future Land Use designation of RES-3, allowing up to 3 dwelling units per acre. Based on precedent in nearby MPUD approvals, there may be potential to increase density to approximately 8 to 9 units per acre, subject to county approval. The site offers a strong residential development opportunity within one of Pasco County’s most active growth corridors and may also provide assemblage potential with adjacent landowners.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,000,000 |
| No. of Units: | 1 |
| Year Built: | 2004 |
| Lot Size: | 10.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $2,000,000 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout