6712 Wire Rd, Zephyrhills, FL 33542
This exceptional 4.92-acre parcel in Zephyrhills, Florida, presents a prime opportunity for multifamily development. Approved for 56 residential units under RES-6 zoning, the site boasts complete site development plans for Brooke-Lyn Townhomes, readily available to prospective buyers. Water and all utilities are in place, significantly streamlining the development process. The property's rectangular shape and cleared land facilitate efficient construction. A remodeled two-story home is included, offering immediate occupancy potential. Strategically located just two blocks from US 301 (Gall Blvd.), this location benefits from proximity to AdventHealth Zephyrhills Hospital (approximately 2,700 feet), Zephyrhills High School (approximately 940 feet), and Woodland Elementary (approximately 1,500 feet). The area also features numerous amenities, including Publix, Winn-Dixie, CVS, Walgreens, and McDonald's. The property's APN is 02-26-21-0010-03600-0000, 02-26-21-0010-03600-0010. The asking price is $1,685,000, translating to approximately $342,480 per acre. This represents an excellent investment opportunity for builders seeking a well-positioned, fully permitted residential development project in a thriving Florida community. The property is zoned FLU: RES 6 RESIDENTIAL.
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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No recorded transactions found for this property.
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