48 Acres Prime Residential Development Land betw CR 54 and CR 52 in Picturesque Land O Lakes
Listing was updated at: 03/09/2019
Property Overview
Price/Rent PSF $ 2,999,000.00
Asset Type Land
Trade Type Sale
Acres Available 47.60
Date Available 03/09/2019
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Description

Location
Nestled among more than 100 glimmering lakes, Land O' Lakes in central Pasco County blends laid back, country living with close proximity to the attractions and conveniences of the Tampa Bay area. Located off U.S. 41 just north of Tampa, Land O' Lakes is just a short drive from Tampa International Airport. Flying private? Land O' Lakes also has several private air fields.

PROPERTY DESCRIPTION
47.6 total acres located on the west side of Collier Parkway, one-half mile north of State Road 54 in Pasco County, Florida.

Collier Parkway and State Road 54 average 15,000 and 69,000 vehicles per day, respectively. Average household income of over $82,000. Connerton Elementary, Pineview Middle School, Land O'Lakes High School. Lago Del Rey, (William Ryan Homes). Bexley Ranch (CalAtlantic), Lakeshore Ranch, Devonwood Tampa and Asturia (Ashton Woods), Lake Padgett Estates, Sable Ridge, Connerton, and many more. Tampa TPC Golf Course.

NEARBY RETAIL
Publix, Winn-Dixie, Walgreens, Belk, LA Fitness, Starbucks, Chili's, Moe's, Sonic, Taco Bell, Dunkin' Doughnuts, Village Inn,
Arby's, Auto Zone, Tire Choice, Advanced Autoparts,

Ideal location for residential subdivision; assisted living facility, multi family and/or mixed use site including retail or medical uses. Very picturesque setting on Hale Rd at the intersection with Collier Parkway.

Sale
ABSOLUTELY PRIME 48 ACRE DEVELOPMENT LAND WITH LAKE PERFECT FOR RESIDENTIAL SUBDIVISION COMMUNITY IN ONE OF THE FASTEST GROWING CORRIDORS IN PASCO COUNTY! FUTURE LAND USE- 6 DWELLING UNITS PER GROSS ACRE. Surrounded by newer residential and Lakefront communities, this development parcel wont last long. This premier land assemblage of 4 parcels includes a 10+ acre Lake and is located at the signalized intersection at Hale Rd and Colliers Parkway and is just minutes from the new Wiregrass Mall, variety shops, and Florida Hospital. Or, simply jump onto I-75 or I-275 to get to downtown Tampa, Tampa International Airport, Busch Gardens or Orlando and all that Disney has to offer. Homeowners enjoy the peaceful, back-to-nature feel of Land O' Lakes, FL, with the added convenience of easy access to all major roads, interstates, shopping, and entertainment.

This 48 acre property has apx. 1600 feet of frontage on Hale Rd, and another apx. 700 feet of frontage on Colliers Parkway, just minutes from Hwy 54 and Hwy 41, with subdivision entrances possible on both Colliers Parkway and Hale Rd, and backs up to Sandpiper Cove at Sable Ridge off of Collier Parkway.
The 28 acre parcel is located on the South side of Hale Rd (also fronting Colliers Parkway), and the additional 3 parcels totaling 20 acres are on the North side of Hale where the Lake is located.
Current zoning is Res 1 and AR, and Future Land use is 6 units per gross acre.
Ideal for mixed use to possibly add Retail or outparcel at Hale/Colliers Pkwy.

The Land O Lakes housing market AVERAGE LISTED HOME PRICE IS $338,408, median home price is $275,000, Price per SF is $125, and median closing price is $256,000, and has A rated schools. Homes surrounding this 48 acre parcel range from $200K- $850K.

Land O' Lakes demographics:
Population 34,869
Population Growth (since 2000) 67%
Median Income $76,176
Average Household income $82,000
Median Age 42.83
Households w/ Children 38%
Population Density (ppl / mile) 1,628.00
Household Size (ppl) 2.69

Property Brochure and Land Use Maps/Traffic counts are attached.

Location