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 12 25 21 0000 00900 0030) totaling 26.06 acres situated on the path of the proposed US98 reroute into Dade City. Proposed US98 project would create approximately 1,000 feet of road frontage along the new US98 route. Parcels have been annexed in to the Dade City limits. The Dade City planning department has conditionally approved the rezoning of the parcels for a planned unit development. A planned unit development plan has been submitted to Dade City planning with approval pending based on conditions. Conditional approval uses include single family residential and multi family with a maximum of 4 residential units per acre and lot widths ranging from 40' to 60'. City water and sewer utilities are nearby at other recently completed residential developments. Located 1.3 miles to newer shopping plaza that includes big box grocery store, restaurants, and banking. Only 5.2 miles to Lowe's, WalMart Supercenter and less than 30 minute drive to larger shopping malls.
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 12 25 21 0000 00900 0030) totaling 26.06 acres situated on the path of the proposed US98 reroute into Dade City. Proposed US98 project would create approximately 1,000 feet of road frontage along the new US98 route. Parcels have been annexed in to the Dade City limits. The Dade City planning department has conditionally approved the rezoning of the parcels for a planned unit development. A planned unit development plan has been submitted to Dade City planning with approval pending based on conditions. Conditional approval uses include single family residential and multi family with a maximum of 4 residential units per acre and lot widths ranging from 40' to 60'. City water and sewer utilities are nearby at other recently completed residential developments. Located 1.3 miles to newer shopping plaza that includes big box grocery store, restaurants, and banking. Only 5.2 miles to Lowe's, WalMart Supercenter and less than 30 minute drive to larger shopping malls.
Features
Building and Construction
Covered Spaces: 0.00
Fencing: Barbed Wire, Boundary Fencing
Living Area: 0.00
Land Information
Lot Features: Cleared
School Information
High School: Pasco High-PO
Middle School: Centennial Middle-PO
School Elementary: Woodland Elementary-PO
Garage and Parking
Garage Spaces: 0.00
Eco-Communities
Water Source: Well
Utilities
Carport Spaces: 0.00
Pets Allowed: Yes
Sewer: None
Utilities: BB/HS Internet Capable, Cable Available, Electricity Available, 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 SW COR OF NW1/4 OF SEC 12 TH ALG SOUTH LINE OF SAID NW1/4 N89DEG 41'28"E 220 FT FOR POB TH PARALLEL TO WEST LINE OF SW1/4 OF NW1/4 N00DEG 04' 27"E 469 FT TH N89DEG 39' 40"E 551 FT TH S00DEG 04'27"W 469.29 FT TO SOUTH LINE OF SAID SW1/4 OF NW1/ 4 TH ALG SAID LINE S89DEG 41'20"W 551 FT TO POB TOGETHER WITH RIGHT OF USE & BEING SUBJECT TO A NON-EXCLUSIVE EASEMENT FOR INGRESS
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
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