Current Use by Public Records
- Land
Property Details for 10050 Woodland Waters Blvd
- Lot size
- 75.56 lot acres
- Property type
- Land
Description
This exceptional 75.56-acre property in Spring Hill, Florida, presents a significant commercial development opportunity. Strategically located at the intersection of US Highway 19 and Woodland Waters Boulevard, it serves as the gateway to the upscale 650-unit Woodland Waters single-family residential development. The site boasts 26.66 acres of net usable land, including four 8-acre commercial lots situated on the northeast corner. A 1.98-acre residential parcel adjacent to the commercial lots offers additional potential. A crucial 10.4-acre tract manages off-site drainage for the entire property, while a 38.5-acre wetland area on the eastern end provides opportunities for passive development, such as walking trails. The southeast corner features 15.6 acres zoned PDP (GHC) General Highway Commercial, with excellent drainage and access to Marengo Street via a 1.08-acre parcel at a full-access intersection. Additional lots along Marengo Street are available separately. The property benefits from its proximity to established upscale residential communities like Glen Lakes (1,500 units) and the under-construction Lake Hideaway Lagoon (3,700 units), as well as convenient access to major roadways, including SR 50 (Cortez Blvd.) and the Suncoast Parkway. Nearby amenities include Publix, Winn-Dixie, Weeki Wachee Springs State Park, and Buccaneer Bay. The property's high visibility and strategic location make it ideal for a variety of commercial uses. The asking price is $5,400,000, based on $200,000 per net usable acre (26.66 acres). Including the drainage tract, the total usable acreage is 37.06 acres. The 2023 AADT for US Hwy 19 at Woodland Waters Blvd is 25,769. APN: R24 422 17 0000 0020 0000, 0000 0130 0000, 0000 0020 0040. Ownership: Tooke Lake Joint Venture.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring Hill
- County
- Hernando
- State
- Florida
- Longitude
- -82.5612
- Latitude
- 28.5578
