Property summary
This exceptional 2.02-acre commercial land parcel in Wesley Chapel, Florida, presents a remarkable investment opportunity. Located at 5807 Ellerbee Rd, this property boasts a prime location along State Road 54, just 2.5 miles east of I-75, ensuring high visibility and accessibility. The ROR zoning allows for a variety of uses, including retail plazas, quick-service restaurants, professional office parks, and medical facilities. The site is high and dry, approximately 1.5 acres, and offers access from both eastbound and westbound traffic on State Road 54. This thriving area features a dense retail corridor with major national brands such as Walmart, Publix, and numerous restaurants, ensuring a strong customer base. The property benefits from excellent infrastructure, including Progress Energy, TECO Peoples Gas, Withlacoochee Utilities, and Pasco County Water and Sewer. Furthermore, the area demonstrates robust demographics, with over 91,000 individuals within a five-mile radius and a projected population growth of 3% over the next five years. High traffic counts exceeding 53,000 vehicles daily on Wesley Chapel Boulevard, coupled with a significant presence of automotive dealerships, further enhance the property's appeal. The proximity to Tampa International Airport (approximately 30 miles) and the Saddlebrook Resort (within one mile) adds to its strategic location. The affluent community boasts an average household income exceeding $107,458 within a three-mile radius. The asking price for this exceptional property is $1,275,000. The APN is 09-26-20-0000-00700-0010.
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