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Property profile & analytics
OFF-MARKET
Commercial real estate

8604 Handcart Rd Wesley Chapel, FL 33545

Property ID
US18-9902371
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 Commercial real estate
APN 30-25-21-0000-00300-0000
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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