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    FOR SALE
    Commercial real estate

    8989 Ehren Cutoff, Land O Lakes, FL 34639

    10 ac lot
    Individually Owned 9-yr Hold
    Property ID
    US18-5356485
    Property summary
    AI-generated overview

    This exceptional 10-acre parcel in Land O' Lakes, Florida, presents a remarkable redevelopment opportunity. Located at 8989 Ehren Cutoff, Pasco County, zip code 34637 (28.286285, -82.4381433), this property boasts versatile A-R zoning, offering a wide range of development possibilities. Previously a citrus farm, the land has been cleared and is ready for immediate development. A picturesque pond view enhances the property's appeal. The parcel's strategic location is a key advantage; it borders the projected downtown area of the Connerton development (refer to the attached map for details) and backs up to a planned extension of Collier Parkway. This prime location offers excellent access and visibility. The asking price is $2,200,000. Zoning guidelines are included in the attached documents. Note that additional adjacent parcels may also be available. This is an exceptional opportunity to acquire a significant land holding in a rapidly growing area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 10 ac (435,600 SF)
    UPID US18-5356485
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lance M Wooles · 9 yrs held
    Lance M Wooles
    since 2017
    1 recorded transaction
    2017
    $240,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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