Commercial Land For Sale or Lease on 39 and Chancey-4.84 Acres

Highlights:

• Site Flanks Two Major Residential Developments Which Will Add Over 1,000+ New Homes
• Perfect Retail Development Opportunity; Zero Competition
• 382' Fronts on Chancey Blvd. x 549' Fronting on FL-39
• Located in a Rapidly Growing Population & Income Area of Pasco County
• Average Home Value Within 1 Mile is Forecasted to Increase by Over 50% by 2024
• Just 1.5 Miles From the New SR-56 Connector Road, a Four Lane Divided Hwy Providing Easy Access to the Property From Wesley Chapel East to US Hwy 301 in Zephyrhills

Description:

This 4.84 acre property is a prime development site for a number of different real estate builders. Retail, Self-Storage, Gas Stations, you name it. The zoning is C-1 and is right in the center of more than 1,000 new home sites currently under construction. The owner will divide the parcel 4.84 acres of commercial land inside Pasco County's fastest growing corridor. Access to the property is available from the lighted intersection of Chancey Rd & FL-HWY 39 (Paul Buchman Highway). This lot is adjacent to one of the new home sites being developed by Meritage Homes. It has frontage on Chancey Road and SR-HWY 39 providing great visibility and access to the end user. The site is only minutes from the new SR-56 / US HWY 301 intersection which is one of three main highways providing easy access into Wesley Chapel and I-75 from Zephyrhills.

The property is located inside the City of Zephyrhills, FL. The city has long been known for its bottled water, crystal clear springs and its above average senior citizen population. Since 2000, the average age of its citizens has dropped from age 65 to 54, showing a new demographic trend. Wesley Chapel's rising home prices to an average of over $300K for a single family home are driving younger families to Zephyrhills for affordability and easy access to Hillsborough County. As of 2019, more than 75% of residents own their own homes, which is more than 15% above the national average.

1 Space Available

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