$4,000,000
For Sale

0 OLD LAKELAND HIGHWAY

Dade City, FL 33525
58.63 acres | #TB8331031
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This property is located one-quarter mile past the intersection of Old Lakeland Highway (OLH) and US Hwy 98 in a booming area of SE Pasco County. In proximity to US 301 is a major commercial corridor with a truck route connecting Interstate 4 and Interstate 75. These 58.63 acres are zoned AR, and the Future Land Use (FLU) is RES-2, however, the county recently declined rezoning to such, indicating the parcel would best be utilized as Commercial or Light Industrial. This potential represents an excellent opportunity for business expansion. According to the US Census, Pasco County, Florida, is the 12th largest county in Florida and growing at a rate of 3% year over year. Old Lakeland Highway leads to I-4 near Lakeland, which is centrally located between Orlando and Tampa, with over 7 million residents in this overall Tampa-Lakeland-Orlando metro area. Pasco County is welcoming new commercial developments such as Amazon and other unnamed projects. Growth is welcome, and he has been very successful in this area. Time would be provided by the seller for the buyer to perform due diligence before closing.

  • Property Details
      • Utility FeaturesElectrical Nearby, Sewer Nearby, Water Nearby
      • Sewer InformationPublic Sewer
      • Original List Price$4,000,000
      • MLS #TB8331031
      • MLS #TB8331031
      • Property TypePurchase
      • Cost4000000
      • Utility SourcePublic
      • Acres58.63
      • CountyPasco
      • Taxes Annual$346
      • Property SubtypeLand
      • Days on Market (Cumulative)4

Location

Trey Andrews | Realty Pros AssuredReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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