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Property Description

This flat, two-parcel development site is high and dry, on the east side of US Hwy 41 just south of SR 52, in the center of Central Pasco rapid development. Access to all of the site via Shettle Public road ROW delivers full use of the site for a variety of Retail possibilities fronting US Hwy 41, Medical Office or Multi-Family and/or Self-Storage. Former (expired) Birren MPUD shows retail portion at +/-3 Acres, Medical office at +/- 8 Acres and self-storage at approx. 5.79 Acres, all accessible from Shettle Rd, a public right of way access.

2020 Demographics include a population of over 22,000 with an average income of more than $87,000 within a 5-mile radius. This is poised to increase in the next decade as Lennar acquired 5,100 acres directly west of the subject parcel for future Angeline residential development to allow up to 11,495 homes, 29 million SF of commercial and office uses. Moffitt Cancer Center and Research Institute acquired 775 acres from Lennar for a 1.4 million SF $191 million dollar research facility which will create 14,500 jobs. Within the “Wellness” community of Angeline, a $52.7M, 186,882 SqFt 6-12 grade magnet school on 18.8-acres is slated for completion April 2023. Since Pasco Hernando State College hold 29 Acres on the NWC of SR 52 and US-41, we’re sure to see a partnership with the Angeline STEAM program for a continuing education vo-tech school.

Features
: None
: Electricity Available, Electrical Nearby
Address Map
US
FL
Pasco
Land O Lakes
34637
SHETTLE
18908
ROAD
W83° 29' 46.4''
N28° 18' 45.7''
West
34637 - Land O Lakes
MPUD
US Hwy 41 9.25 miles North from SR 54 or South 1/2 mile from SR 52 at Shettle Rd on the east side of the highway in Land O Lakes.
Additional Information
1170 x 670 x 1025 x 693
: None
https://www.propertypanorama.com/instaview/stellar/W7842370
2022-02-16
: Buildable, Paved, Cleared
: Unimproved
Financial
15336
Listing Information
261538897
261538896
Cash
Sold
2024-04-26T14:02:07Z
Stellar
: None
2024-04-26T14:01:54Z
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18908 ROAD Land O Lakes

18908 Shettle Road, Land O Lakes, Florida 34637

16.79 Acre
$6,500,000
Listing ID #W7842370
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : W7842370
Price : $6,500,000
Lot Area : 16.79 Acre
Status : Closed
Office Name : VIP EXECUTIVE REALTY LLC
Agent Name : TOM Bible
Listing Status : Closed
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Erica Diaz Team

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Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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