Plant City Development Site

3900 SR 574 Plant City, FL 33563

3900 SR 574, Plant City, FL, 33563
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FOR SALE
Property Type:
Multifamily Land
Amount:
$4,500,000
Last Verified:
Mar 27, 2024

Highlights

  • Proximity to I-4 & State Rd 574
  • Easy access to Downtown Plant City
  • Adjacent to future developments

Description

This property is located on State Road 574 inside the city limits of Plant City. The property provides easy access to downtown Plant City, I-4, and US Hwy 92. On the adjacent properties to the east are a new 98-unit townhome development and a new charter school. The property is also close to many of Plant City's largest employers - see the enclosed employer list and proximity chart.

The property consists of 18.65 acres of uplands (38.77 total acres). The underlying land use is R-12, which allows for "multi-family....A density range from 0-12 dwelling units per gross acre may be achieved." The zoning (R-1A) will need to be modified to accommodate higher density. Rezoning in Plant City typically takes 4-5 months, depending upon the application date.

Roughly 31 acres of the site is located in Flood Zone AE. Information related to area flood models is available upon request. A wetland delineation survey for this site is shown on the following pages. Utility maps are available upon request.

This property is located on State Road 574 inside the city limits of Plant City in Hillsborough County. The city is situated midway between Tampa and Lakeland with major thoroughfares in the area. Plant City is known for its rich agricultural history and is commonly referred to as the "Winter Strawberry Capital of the World". The property provides easy access to downtown Plant City, I-4, and US Hwy 92. On the adjacent properties to the east are a proposed 98 unit townhome development and a new charter school. South of the subject property is the Plant City Airport and major employers such as Dart Corporation, Builders First Source, and Santa Sweets. Another major employer is the South Florida Baptist Hospital with 800 employees and just 5 ± minutes east of the site. This is an ideal location with major growth underway.

Building Size: 0sq ft
Lot Size: 38.77 acres


Documents

Flyer

Map of 3900 SR 574, Plant City, FL, 33563

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.