Land for Sale - 25822 State Road 52, Land O' Lakes, FL 34639 - 22.0 acres

22 ac for 336 Unit Apt Dev in Land O'Lakes

25822 State Road 52, Land O' Lakes, FL | Lat/Lng:  28.3207, -82.3883

$15,120,000
22 ac.
08/12/2022
ACTIVE
Main Listing ImageMain Listing Image

Description

Up to 22 Acres Entitled for 336 Multifamily Units in Central Pasco Employment Village Land O Lakes, FL Introducing a prime multifamily development opportunity in the heart of Land O Lakes, fronting State Road 52 just west of I-75 in Pasco County, FL. This offering includes up to 22 acres on the southern portion of a 45.24 acre parcel, fully entitled for 336 apartment units as part of the Central Pasco Employment Village (CPEV)a designated growth and mixed-use district strategically located in one of Tampa Bays fastest-growing submarkets. The site benefits from recent rezoning (May 2022) that allows for 336 multifamily units, along with 116,882 square feet of commercial entitlements for future supporting retail and office use. Positioned at the N.W. quadrant of the main entrance road and the E-W vision corridor, the site is surrounded by rapid development, including: Amazons new 500,000 SF logistics facility just to the east Over 1,000 single-family homes under contract to the immediate west Growing retail, grocery, and restaurant options within minutes With excellent access to I-75, strong surrounding residential absorption, and institutional-scale development activity already underway, this multifamily site offers investors a chance to deliver much-needed housing in a high-demand corridor. Property Highlights: Size: Up to 22 acres (part of 45.24 acre parcel) Zoning: CPEV Entitled for 336 multifamily units Future Land Use: Multifamily (20 ac) + support commercial (retail/office) Parcel ID: 10-25-19-0000-00700-0000 (partial folio) Location: South of SR 52, west of I-75, in Land O Lakes, FL Price: $15,120,000 ($45,000/unit) Dont miss this rare opportunity to develop in Central Pascos premier employment and housing hub, surrounded by job growth, infrastructure investment, and regional connectivity.

Details

CountyPasco
Zipcode34639
Property Type OneResidential Property
Property Type TwoUndeveloped Land
BrokerageEshenbaugh Land Company
Brokerage Linkwww.thedirtdog.com
Land Listing Agent Photo
Bill Eshenbaugh
Eshenbaugh Land Company
(813) 287-8787
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