Address: 0 Old Lakeland Highway, DADE CITY, FL 33525
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.
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.
Features
Building and Construction
Covered Spaces: 0.00
Fencing: Wire
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Country: US
Current Use: Cattle
Legal Description: COM AT SE COR OF E1/2 OF SEC- TION 19 TH N00DG 27' 10"W 1244.00 FT FOR POB TH PARALLEL WITH SOUTH LINE OF SAID SEC- TION 19 N89DG 19' 42"W 1300.00 FT TH S00DG 27' 10"E 240.00 FT TH N89DG 19' 42"W 773.40 FT TO ELY RIGHT OF WAY LINE OF SEABOARD COAST L INE RAILROAD AKA CSX RAILROAD TH ALG SAID LINE N08DG 15' 36"W 998.12 FT TO NORTH LINE OF SOUTH 314 OF SE1/4 OF SECTION 19 TH S89DG 27' 35"E 908.97 FT TH N00DG 27' 10"W 981.80 FT TO SELY RIGHT OF WAY LINE OF U S HIGHWAY 98 TH ALG SAID LINE S57DG 47' 0 0"E 1544.02 FT TO EAST LINE OF SECTION 19 TH S00DG 27' 10"E 922.15 FT TO POB SUBJECT TO MAINTAINER RIGHT OF WAY OVER EAST 15.00 FT FOR JANMAR RD & SUBJECT TO EASEMENT PER OR 4253 PGS 157 & 158 OR 6562 PG 1908
Tremendous opportunity to acquire a 26.06 land tract with great potential for future development and 1031 exchange investment. Sale consists of 2 parcels (Pasco parcel#'s 12 25 21 0000 00800 0000 and
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