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Key Details
Sold Price $2,700,000
Property Type Commercial
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
Square Footage 1,704 sqft
Price per Sqft $1,584
Subdivision Acreage
MLS Listing ID T3282505
Sold Date 02/18/22
HOA Y/N No
Year Built 1971
Annual Tax Amount $2,059
Lot Size 18.830 Acres
Acres 18.83
Lot Dimensions 1273 x 644.3
Property Description
SELLER WILL CONSIDER JOINT VENTURE! CALLING ALL INVESTORS AND VISIONEERS! PRIME LOCATION AND BEST PRICED PROPERTY IN WESLEY CHAPEL ON CORRIDOR STATE ROAD 54. SELLER WILL ALLOW PROPERTY TO BE SUBDIVIDED! Bring your ideas, vision and plans to get started. Excellent 1031 Exchange investment Opportunity. Calling all buyers, brokers, investors & visionaries to take advantage of this great opportunity to own 18.83 acres with a 4 bedroom & 2 baths income producing office/house on state road 54 for development now or in the future, in the rapidly expanding market of Wesley Chapel, FL, surrounded by multiple new development underway, including (single family homes, multifamily homes & many new businesses moving into the area).
Best priced & located parcel on busy & desirable State Road 54 corridor (6 lanes highway) with approximately 250ft of frontage offering a fantastic visibility & a plethora of traffic on this North East access. State Road 54 is currently being widened to 6 lanes to accommodate the rapid population growth. Parcel also has approximately 1,870ft of frontage via the parcel’s North West alternate access, on Wesley Chapel loop (2 lanes), a recently repaved road, which also loops around & crosses SR-54 twice & offers more privacy for a housing development.
The parcel’s geographical location boasts a strategically located retention pond abutting sr-54, which would make an ideal & beautiful grand entrance to the property with a lit pond fountain on each side of a development's future entry road or bridge from SR-54.
- Future land use shows RES-6, which is 6 units per acre.
- Flood zone is X on approximately 14 acres of upland & AE on approximately 4 acres of wetland (pond).
- All utilities (sewer/water/electric) are bordering the property.
- It's approximately 3.5 miles East of I-75 & I-275 major highways
Subject is convenient to Tampa Int’l Airport as well as Tampa Bay's multiple fun beaches & theme parks in Saint Petersburg, Clearwater, Orlando, Tampa, etc. with easy access to Hillsborough, Pinellas, Orange & Hernando Counties.
Its proximity to the 2 most popular newer shopping sites in North Tampa, the Shops at Wiregrass Mall & Tampa Premium Outlets Mall, makes it very appealing to enjoy all the dining & entertainment for all ages & occasions that they've got to offer.
The subject is surrounded by new establishments such as Wesley Chapel Skating Rink, hospitals, banks, car dealerships, gas stations, churches, storage facilities, & many more new businesses coming into the area.
Location
State FL
County Pasco
Community Acreage
Zoning AR FLU R-6
Interior
Heating Electric
Cooling Central Air
Flooring Tile
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available Electricity Available, Phone Available, Private
Waterfront Description Pond
View Y/N 1
Water Access 1
Water Access Desc Pond
Roof Type Shingle
Building
Entry Level One
Foundation Slab
Lot Size Range 10 to less than 20
Sewer Septic Tank
Structure Type Block,Brick,Vinyl Siding
New Construction false
Others
Ownership Other
Acceptable Financing Assumable, Cash, Conventional, Lease Option, Lease Purchase, Private Financing Available, VA Loan
Listing Terms Assumable, Cash, Conventional, Lease Option, Lease Purchase, Private Financing Available, VA Loan
Special Listing Condition None
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