Property profile

8747 Mckendree Rd Wesley Chapel, FL 33545

FOR SALE
Commercial land
Property ID
US18-3827183
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Property summary

AI-generated overview

1.47 ACRES LOCATED IN THE CONNECTED CITY ZONED BUSINESS CORE TECHNOLOGY SPA ADJACENT TO JOHN HOPKINS CHILDRENS HOSPITAL. LOCATED APROXIMATELY 3 MILES N. OF I75 EXIT 282 OVERPASS RD. ADDITIONAL PARCELS MAY BE AVAILABLE NEXT TO AND ACROSS THE STREET ON MCKENDREE RD FROM SUBJECT ALLOWING FOR A BULK SALE. THE CONNECTED CITY COMES WITH EXPEDITED STREAMLINED PERMITTING, FINANCIAL ASSISTANCE AND TAX INCENTIVES FOR DEVELOPMENT. PROPERTY IS LOCATED IN THE BUSINESS CORE TECHNOLOGY SPA OF THE CONNECTED CITY. THE INFRASTRUCTURE IS IN PLACE FOR HIGH TECH BUSINESS WITH THE INFRASTRUCTURE IN PLACE SUCH AS FIBER OPTIC HIGH SPEED INTERNET, HIGH VOLTAGE ELECTRIC. FINANCIAL AND TAX INCENTIVES, STREAMLINED ZONING AND PERMITTING AND DEVELOPMENTAL INCENTIVES FOR TECHNOLOGY BASED BUSINESS. FUTURE METRO DEVELOPMENT ARTIST RENDERINGS SHOW MCKENDREE RD REALIGNED AND WIDENED WITH A TRAIN STATION. bikeScore: 25, Somewhat Bikeable walkScore: 1, Car-Dependent

Property profile

Verified
Property type Commercial land
UPID US18-3827183

Cap rate & NOI

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

Location

8747 Mckendree Rd Wesley Chapel, FL 33545
Wesley Chapel metro
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Value estimations

Realmo proprietary · 4 methods
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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
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