30115 State Road 54

    Wesley Chapel, FL 33543
    • $750,000
    • STATUS: Active
    • ON SITE: 298 days
    • MLS #: T3152821
    UPDATED: 96 min ago
    $750,000
    • 0
      BEDS
    • 1.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,264
      SQFT
    • $593
      $/SQFT
    Type:
    Commercial
    Built:
    1978
    County:

    School Ratings & Info

    Description

    This beautiful commercial property is being offered by the owners are entitled to immediate development of approximately 209,959 square feet of C2 general commercial property. Access to the subject parcels will be provided via approximately 700 feet of SR 54 frontage. It has been said that in commercial real estate, timing can be everything. And there has never been a better time for the development of Wesley Chapel than now. Two commercial properties with the possibility of an additional property are prime for development of a hotel, industrial, multi-family, retail and office use. All of the properties are currently leased. There are 5 rents coming in that are on a one-year renewal basis. The owners CAP Rate is 8.4%. A road cut is in the center of the SR 54 frontage and the Ellerbee Road corner property and 700 feet of frontage currently provide for open access. A water collection pond is in the front of one of the properties and is listed as a water collection area with no retention restrictions; therefore it can be filled in.The community of Wesley Chapel is one of the fastest growing sectors in Florida, with a growth rate of 280% from 2000 to 2017. Development of the area was planned around lakes and open spaces. Meadow Pointe has extensive new housing developments and recreational facilities in close proximity to these commercial.The site is flat and cleared to grade. There is an easterly SR54 left turn cut onto Ellerbee Rd and a right only from the property front road cut on SR54.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-11-16T23:39:59.423.
    www.theduncanduo.com/homes/91112080

    30115 State Road 54 Wesley Chapel, FL 33543

    • Price: $750,000
    • Status: Active
    • Updated: 96 min ago
    • MLS #: T3152821
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.36
    Acres
    1,264
    SQFT
    $593
    $/SQFT
    1978
    Built
    Neighborhood:
    Zephyrhills/Wesley Chapel
    County:
    Pasco
    Area:
    Zephyrhills/Wesley Chapel
    Property Description
    This beautiful commercial property is being offered by the owners are entitled to immediate development of approximately 209,959 square feet of C2 general commercial property. Access to the subject parcels will be provided via approximately 700 feet of SR 54 frontage. It has been said that in commercial real estate, timing can be everything. And there has never been a better time for the development of Wesley Chapel than now. Two commercial properties with the possibility of an additional property are prime for development of a hotel, industrial, multi-family, retail and office use. All of the properties are currently leased. There are 5 rents coming in that are on a one-year renewal basis. The owners CAP Rate is 8.4%. A road cut is in the center of the SR 54 frontage and the Ellerbee Road corner property and 700 feet of frontage currently provide for open access. A water collection pond is in the front of one of the properties and is listed as a water collection area with no retention restrictions; therefore it can be filled in.The community of Wesley Chapel is one of the fastest growing sectors in Florida, with a growth rate of 280% from 2000 to 2017. Development of the area was planned around lakes and open spaces. Meadow Pointe has extensive new housing developments and recreational facilities in close proximity to these commercial.The site is flat and cleared to grade. There is an easterly SR54 left turn cut onto Ellerbee Rd and a right only from the property front road cut on SR54.
    Exterior Features

    Adjoining Property Commercial Construction Materials Siding Other Structures Security Trailer Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling A/C - Office Only Heating Natural Gas Sewer Public SewerSeptic Tank

    Property Features

    Additional Parcels Yn Yes Business Type Commercial Flood Zone Code X Net Operating Income 37800 New Construction Yn No Property Sub Type Unimproved Land Special Listing Conditions None Tax Annual Amount 6832.00 Tax Year 2018 Total Num Buildings 1 Utilities Electricity AvailablePublic Zoning C2


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Michael Saunders & Company.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-11-16T23:39:59.423.
     
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