Residential Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 29802907
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 6.20 Acres
Sale Price: $1,200,000
Unit Price: $193,548 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2017

Overview / Comments

The site is 6 plus acres of undeveloped land dotted with pine and live oak trees. It is located a couple blocks north of SR54, and boasts 266' of frontage on the east side of Madison Street in New Port Richey, Florida. Extremely quiet neighbors.

The property was previously planned and approved for and Adult Living Facility.

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 16-26-16-0010-06100-0010
Property Located Between: Trouble Creek Road and State Road 54
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: State Road 54
Feet of Frontage: 266
Traffic/Vehicle Count: 10,298
Highway Access: Two blocks north of State Road 54. Approximately 1.5 miles east of US Highway 19 via SR54.
Site Description: The property is approximately 1047' deep and 266' wide, with as much frontage on Madison Street. Undeveloped vacant land dotted with mature trees.
Lot Frontage: 266'
Lot Depth: 1047'
Zoning Description: MF-1: Multiple-Family Medium Density District
Topography: Level

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,519 93,659 151,351
Median Age: 41.95 44.72 45.09
Households: 7,676 40,991 65,428
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