78 Acres for SF Residential Development or Light Industrial Development

This property is located in Southeast Pasco County, Northeast of downtown Zephyrhills (largest city in Pasco Co). It sits on both sides of Old Lakeland Highway just 2+/- miles south of the US 98 and Old Lakeland Highway intersection. In just 20 miles it leads to I-4 near Lakeland; which is centrally located between Orlando and Tampa with over 10 million people in this overall Tampa-Lakeland-Orlando metro area, the residents will find the world’s finest beaches, entertainment parks, professional sports, museums, shopping and dining.This 78-acre property is currently used for farmland (with greenbelt for low taxes); however, it could possibly be rezoned for residential development or warehouse industrial use. It is composed of 4 100% upland parcels mostly cleared for development, contiguous to each other. The property lays approximately 2.4+/- miles East of Downtown Zephyrhills, which is becoming one of Pasco County's main upcoming and fast growing markets with major retailers such as Walmart and Publix, and host of other commercial, shopping and dining venues. With the recent growth in the surrounding market, developments of these types are welcome and have been very successful in this area. These 70 acres are zoned AC and Future Land Use (FLU) is Res-1 or can be considered R-1 MH. This FLU presents a few excellent development opportunities: -- It presents the opportunity to rezone as AR 10 (i.e. at least 10 acre site) to develop an RV park. -- Or rezone as RMH for 4,000 SF lots for a Mobile Home Park with approximately 760 units. -- Or rezone as R-1 MH providing 1 unit per 20,000 SF or 2.2 homes per acre; (2.2 x 70 = 154 units). Utilities are available; electric power and a twelve-inch water main run along Old Lakeland Highway frontage.