0 Sr 54/Black Lk Rd Odessa, FL 33556
This exceptional 33.72-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing Odessa, Florida market. Strategically located along the south side of State Road (SR) 54, this property boasts approximately 0.5 miles of frontage on this major thoroughfare. Its prime location within the Trinity Corridor places it just 1.5 miles west of the Suncoast Parkway, providing excellent accessibility. The site benefits from two signalized intersections, ensuring high visibility and convenient access for potential businesses. Currently zoned MPUD, this land has already received entitlements for a significant development, including 135,000 square feet of commercial space and a 250-room hotel. The property's proximity to the Asturia master-planned community, with over 1,000 residential units, and an additional 13,000 planned units within a 3-mile radius, guarantees a substantial and growing customer base. The presence of several national tenants in the immediate area further underscores the strength of this location. Pasco County's status as one of Florida's fastest-growing counties adds to the long-term investment potential. The asking price is $9,995,000, translating to approximately $233,236.15 per acre. The APN is 26-26-17-0000-00200-0020. This is a rare opportunity to acquire a large, well-located, and entitled commercial development site in one of Florida's most dynamic markets.
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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Risks
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