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Property profile

0 Old Pasco Rd Wesley Chapel, FL 33544

OFF-MARKET
Land
64 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 64 ac (2,787,840 SF)

Cap rate & NOI

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

Location

Old Pasco Rd Wesley Chapel, FL 33544
Wesley Chapel metro
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Value estimations

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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
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