Technical
Financial
Distress signals
Property profile

7855 Handcart Rd Wesley Chapel, FL 33545

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 49-acre parcel, located at 7855 Handcart Rd in Wesley Chapel, Florida (Pasco County, zip code 33545), presents a unique investment opportunity. Currently zoned A with a Future Land Use (FLU) of VMU-2 within the Pasadena Hills Overlay, this land is ideally positioned for rezoning to accommodate a mixed-use development. The property boasts a prime location at a proposed major commercial intersection, offering significant potential for both residential and commercial construction. The maximum residential density in the core area is 10 units per acre, while non-residential development could potentially reach up to 60,000 square feet of commercial space. The site benefits from readily available utilities, with extensions planned beyond the property line in 2024. Strategic location advantages include proximity to the newly opened Overpass Road exit off I-75 (5 miles) and a new Publix at Epperson Ranch (2.5 miles). A proposed Overpass Road extension will bisect the property, creating a lighted intersection with Fairview Heights Rd. The asking price for this remarkable property is $15,000,000. The Pasco County Parcel ID is 31-25-21-0000-00100-0010. This is a rare chance to acquire a large tract of land in a rapidly growing area with significant upside potential.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7855 Handcart Rd Wesley Chapel, FL 33545
Wesley Chapel metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7855 Handcart Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message