0.66 Acres - State Road 54 & Caroline Drive

State Road 54 & Caroline Drive - Wesley Chapel, FL 33544

Wesley Chapel
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Dec 02, 2024

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Highlights

  • Development Opportunity; Valuable Corner on State Road 54
  • 2 Parcels; Competitive Pricing; 0.32/0.34 Acres; High & Dry
  • Great Frontage on State Road 54; Recently Rezoned to Professional Office 2 (PO2)

Description

Development Opportunity; valuable corner on SR-54. Possible development of 4,500 sq. ft. office building with 23 parking spaces. Two parcels of high and dry land. The site was recently rezoned to Professional Office. One of the few remaining parcels for sale in Wesley Chapel.

The site is located on the north west corner of State Road 54 and Caroline Drive, Wesley Chapel, FL. Wesley Chapel is one of the fastest growing communities in Florida. It is home to more than 50,000 residents that live, work and play within 10 miles of the area. It's transformation from cattle ranches to the hot spot of growth has been noticed by home builders, retailers, restaurateurs and other businesses alike. There are many large scale developments in the works, including 1 million square feet for Raymond James Financial, Florida Hospital's Phase II adding another 100,000 square feet to it's newly developed hospital, a second Crystal Lagoon which will provide more than 5,000 new homes and a new sports complex centered inside Wiregrass Ranch.

Lot Size: 0.66 acres


Documents

Sale Brochure

Map of State Road 54 & Caroline Drive - , Wesley Chapel, FL, 33544

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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.