0 Old Pasco Rd Wesley Chapel, FL 33544
This exceptional 64-acre parcel in Wesley Chapel, Pasco County, Florida (zip code 33544), presents a remarkable investment opportunity. Currently zoned Agriculture (AC), the land boasts a Future Land Use (FLU) designation permitting 3 units per acre, escalating to 6 units per acre by right starting in 2025 due to a New Urban Overlay update. Its strategic location offers unparalleled access to major roadways, including I-75, providing a less than 30-minute commute to Downtown Tampa. The property is situated approximately one mile from a planned 365,000 square foot John Hopkins All Children's Hospital and within walking distance of an "A" graded Cypress Middle School and High School. Furthermore, its proximity to the Double Branch mixed-use development (bringing 6,000 jobs and a $600 million impact, including significant residential, retail, and industrial components) and a planned 7,800-acre "Connected City" (projected to house 96,000 residents and create 65,000 jobs over 50 years) underscores its immense long-term growth potential. This prime location, coupled with the advantageous zoning and future development plans, makes this 64-acre tract an exceptional investment for residential development in a rapidly expanding area. The property is located on Old Pasco Rd, Wesley Chapel, FL. I-75 access is just 4 minutes away.
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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