Lexington Oaks Blvd Wesley Chapel, FL 33544

Property Details for 0 Lexington Oaks Blvd

Lot size

6.33 lot acres

Property type

Land

Description

This exceptional 6.33-acre commercial land parcel in Wesley Chapel, Florida, presents a unique investment opportunity. Located on Lexington Oaks Blvd in Pasco County (zip code 33544), the property boasts a prime location with C-2 & A-C zoning, allowing for diverse development possibilities. The land is priced at $7,018,605, translating to a land value of $24 to $27.5 per square foot. Its strategic position benefits from three signalized intersections, left-turn deceleration lanes, and multiple access points, ensuring excellent visibility and accessibility. The property enjoys high traffic volume, with 25,000 vehicles per day on nearby S.R. 54, a roadway currently undergoing expansion to four lanes, further enhancing its accessibility. The site is part of a thriving 1,500-home upscale golf course community, guaranteeing a strong residential base. The area's robust commercial landscape is highlighted by the presence of five new auto dealerships within 1.2 miles, three of which are directly across the street (Hyundai, Mazda, and Chevrolet). This high-growth, affluent trade area also features over 500 apartment units either built or currently under construction, indicating significant population growth and increased demand. The current property owner is open to considering joint venture development proposals, offering a collaborative approach to realizing the property's full potential. This is a rare opportunity to acquire a strategically located commercial land parcel in a rapidly expanding market.