0 Old Lakeland Hwy Zephyrhills, FL 33540

This exceptional 84-acre property presents a remarkable opportunity for residential or light industrial development in the rapidly expanding Zephyrhills area of Pasco County, Florida. Currently used as farmland, this largely cleared land comprises five contiguous parcels, offering significant development potential. The property boasts approximately 4,791 feet of frontage on Old Lakeland Highway, providing excellent accessibility. Utilities are readily available, with electric power and a twelve-inch water main already in place along the highway frontage. The city of Zephyrhills is scheduled to install sewerage pipes in the near future. Zoned AC, with a Future Land Use (FLU) designation of Res-1, the property may be rezoned for RES-6 residential development, allowing for six single-family residential units per gross acre. Located approximately 2.4 miles east of Downtown Zephyrhills, this location benefits from proximity to major retailers such as Walmart and Publix, and a host of other commercial, shopping, and dining establishments. The asking price is $5,400,000, translating to $64,285 per acre. The property's APN numbers are 3125220000015000000, 3125220000015000040, 3125220000016000020, and 3125220000015000030. This is an ideal investment for developers seeking a prime location in a thriving market. The property's strategic location near US 98 and US 301 further enhances its appeal.