38746 Clinton Ave Dade City, FL 33525
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 38746 Clinton Ave
- Property type
- Commercial real estate
Description
This exceptional 86.65-acre (more or less) residential development opportunity in Dade City, Florida, presents a compelling investment prospect. Located at 38746 Clinton Ave, 33525, this assemblage of seven parcels is conveniently situated within Dade City's city limits, offering immediate access to public water and sewer services. The property boasts a desirable topography of undulating hillsides, ranging in elevation from approximately 85 to 165 feet. Remarkably, approximately 98% of the land is classified as "high and dry," avoiding wetland or flood zone restrictions. This characteristic, coupled with the potential for 6-10 residential units per acre, makes this site highly attractive for medium to high-density residential development. Further enhancing its appeal, the Florida Department of Transportation (FDOT) is currently constructing a rerouting of US Highway 98 directly through the property. This infrastructure improvement creates a unique opportunity to establish a thriving commercial corridor along the new highway, adding significant value and development potential for commercial building sites. An additional 26.06 acres is also available for purchase, bringing the total contiguous acreage to 112.71 acres (more or less). This presents a rare chance to acquire a substantial land parcel with significant development potential in a rapidly growing area. The asking price for the 86.65-acre parcel is $21,650,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dade City
- County
- Pasco
- State
- Florida
- Longitude
- -82.175568
- Latitude
- 28.3261
