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    20.66 Acres At Sr 39 & Chancey Rd Zephyrhills, FL 33540

    For Sale
    $6,300,000

    20.66 Acres, $6.3M, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20.66-acre commercial land parcel presents a remarkable investment opportunity in Zephyrhills, Florida. Strategically located at the northeast corner of State Road 39 and Chancey Road, this property boasts unparalleled visibility and accessibility. The site benefits from excellent frontage on two major roadways with high traffic counts: 16,900 vehicles per day on US Highway 301, 13,700 VPD on SR 39, and 10,800 VPD on Chancey Road. Signalized intersections ensure easy ingress and egress. The asking price is $6,300,000, translating to a land value of $5 per square foot. Utilities are readily available. Zoned "A," this versatile property allows for a wide range of commercial uses, including retail, office, hotel, and light industrial, as well as C-2 uses. The property's location is further enhanced by the proposed development of over 6,000 residential units in the immediate area, promising significant future growth and increased demand. This prime location and flexible zoning make this an exceptional opportunity for developers and investors seeking high-impact commercial development in a rapidly growing market. The Hillsborough County location and 33540 zip code add to its appeal.

    Property Features for 0 20.66 Acres At Sr 39 & Chancey Rd

    General Information

    Property type
    Land
    Lot Size
    899,950 SF

    HighLights

    • 20.66‑acre commercial land parcel at the northeast corner of SR 39 and Chancey Road, Zephyrhills, FL.
    • $6,300,000 asking price; $5 per square foot land value.
    • All utilities available.
    • A zoning allows retail, office, hotel, light industrial, and C‑2 uses.
    • Proposed development of over 6,000 residential units nearby.
    • Excellent visibility and access with signalized intersections; high traffic counts on SR 39, US Hwy 301, and Chancey Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Zephyrhills
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.1751223
    Latitude
    28.2079335

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    FAQs

    What type of property is this?
    Land - 20.66 Acres, $6.3M, High Traffic
    Where is this land located?
    The property is located at 20.66 Acres At Sr 39 & Chancey Rd Zephyrhills, FL.
    What is the asking price?
    The asking price for this property is $6,300,000.
    What are key features of this property?
    This property features: 20.66-acre commercial land parcel at the northeast corner of SR 39 and Chancey Road, Zephyrhills, FL.; $6,300,000 asking price; $5 per square foot land value.; All utilities available.
    (813) 204-5312
    Request Owner's contact information
    20.66 Acres At Sr 39 & Chancey Rd Zephyrhills, FL 33540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20.66 Acres At Sr 39 & Chancey Rd Zephyrhills, FL 33540
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