0 Of Mitchell Blvd On Welbilt Blvd Trinity, FL 34655
This exceptional 7.81-acre commercial land parcel, situated in the thriving Trinity Commerce Park, presents a remarkable investment opportunity. Located north of Mitchell Boulevard on Welbilt Boulevard in New Port Richey, Florida (zip code 34655), this property boasts MPUD zoning, permitting professional office and light industrial uses. Its strategic location offers unparalleled access to a rapidly expanding residential and commercial market, with over 34,000 residential units and 6,890,000+ square feet of commercial space currently under development in the immediate vicinity. The site benefits from its proximity to major healthcare facilities, including BayCare's Outpatient & Surgery Centers (48,000+ square feet) less than half a mile away and the 236-bed HCA Trinity Medical Center Hospital approximately 2.3 miles away. The property's strong demographics are further enhanced by nearby large-scale developments such as Mitchell 54 West, Asturia, Bexley Ranch, Starkey Ranch, and Wiregrass. All utilities, including Duke Energy and FGUA (water and sewer), are readily available. On-site retention is required. The asking price for this prime development site is $575,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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