Technical
Financial
Distress signals
Property profile

8604 Handcart Rd Wesley Chapel, FL 33545

OFF-MARKET
Land
Property ID
US18-9902371
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional 35-acre development opportunity in the Village of Pasadena Hills, Wesley Chapel, Florida (APN: 30-25-21-0000-00300-0000). This fully entitled site boasts MPUD zoning, allowing for a density of five units per acre, with a maximum of 175 dwelling units. Building heights may range from one to three stories. The property is conveniently located just east of the northeast intersection of Handcart Road and Wright Lane in Pasco County, Florida (8604 Handcart Rd, Wesley Chapel, FL 33545). The site's zoning designation is Village Mixed Use Type I (VMU-1). The Villages of Pasadena Hills District (VOPH) enjoys a strategic location between State Road 54 and State Road 52, with US Highway 301 to the east and proximity to I-75 to the west. This prime location offers easy access to Downtown Tampa (approximately 35 minutes) and Tampa International Airport (approximately 45 minutes). This presents a rare chance to develop a significant residential community in a rapidly growing area. The property is ideal for developers seeking a high-density residential project with excellent access to major transportation arteries and amenities.

Property profile

Verified
Property type Land
UPID US18-9902371

Cap rate & NOI

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

Location

8604 Handcart Rd Wesley Chapel, FL 33545
Wesley Chapel metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8604 Handcart Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message