54 & New Riv RdWesley Chapel, FL 33543

Property Details for 54 & New Riv Rd

Lot size

1.90 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Wesley Chapel

County

Pasco

State

Florida

Latitude

28.2187

Longitude

-82.2583

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