For Sale
$1,950,000

54 & New Riv RdWesley Chapel, FL 33543

1.9 Acres, High & Dry, C2 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional 1.9-acre commercial land parcel presents a unique investment opportunity in the thriving Wesley Chapel, Florida market. Located at the intersection of SR 54 and New River Road (zip code 33543), this high and dry property boasts a C2 zoning designation, offering considerable flexibility for development. The asking price is $1,950,000, translating to $975,000 per acre, reflecting the prime location and development potential. The property is divisible, allowing for tailored development plans to suit various needs. Its strategic location provides immediate access to one of Pasco County's main arteries, SR 54, ensuring high visibility and convenient access for businesses and residents. Furthermore, the site benefits from its proximity to I-75, facilitating easy regional connectivity. The area is experiencing significant growth, with a wealth of amenities nearby, including shopping malls, restaurants, and medical services. A key advantage is the property's position directly across from Avalon Park West, a substantial $785 million live-work-play community encompassing over 2,695 new homes, 165,000 square feet of Class "A" office space, and 190,400 square feet of commercial space. This established community contributes to a robust local population of over 87,000 residents and 21,000 employees, creating a strong market for commercial ventures. This property offers a compelling combination of location, zoning, and market dynamics, making it an ideal investment for discerning buyers seeking a foothold in a rapidly expanding area.

Highlights

  • Prime location near I-75, offering easy access to shopping, dining, and medical facilities.
  • High-traffic area directly across from Avalon Park West, a $785 million mixed-use development featuring over 2,695 new homes, 165,000 SF of Class A office space, and 190,400 SF of commercial space.
  • Strong demographics with over 87,000 residents and 21,000 employees.

Property Details for 54 & New Riv Rd

Property type
Land
Lot Size (sq. ft)
82,764 SF

Location Insight

City
Wesley Chapel
County
Pasco
State
Florida
Latitude
28.2187357
Longitude
-82.2583319
54 & New Riv Rd, Wesley Chapel, Florida

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54 & New Riv Rd
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