$4,500,000

Description

The Chancey Road Assemblage presents a rare opportunity to acquire approximately 12.64± acres of mixed-use land in one of Pasco County’s fastest-growing development corridors. Featuring a blend of A-R (Agricultural Residential) and C-2 (General Commercial) zoning, the property offers exceptional flexibility for residential, commercial, mixed-use, flex industrial, or long-term investment strategies. Existing improvements include residential structures, warehouse space, vacant land, and approximately 17,600 SF of existing building area, along with in-place income from a long-term cell tower lease extending through 2049 and an existing gymnastics center tenant. Ideally positioned just minutes from US-301 and Downtown Zephyrhills, the property offers convenient access to Wesley Chapel, Downtown Tampa, Tampa International Airport, and Orlando. Surrounded by major master-planned communities, infrastructure expansion, and ongoing economic growth initiatives, the assemblage is strategically located within a rapidly expanding Central Florida submarket. Investment highlights • Strategic 12.64± acre mixed-use assemblage positioned in one of Pasco County’s fastest-growing development corridors with direct access to major regional growth drivers. • Prime location just minutes from US-301 and Downtown Zephyrhills, approximately 30 minutes to Wesley Chapel, 40–45 minutes to Downtown Tampa and Ybor City, 50 minutes to Tampa International Airport, and just over an hour to Orlando. • Surrounded by explosive residential and commercial expansion, including nearby master-planned communities, infrastructure investment, and Pasco County’s long-term pro-growth economic initiatives fueling continued population growth and development demand. • Flexible 6.49± acres A-R (Agricultural Residential) and 5.5± acres C-2 (General Commercial) zoning creates significant redevelopment potential for residential, retail, mixed-use, flex industrial, service commercial, storage, or long-term investment strategies. • Existing improvements include residential structures, warehouse space, vacant land, and approximately 17,600 SF of existing building area, offering immediate utility and future repositioning opportunities. • Income-producing assets include a long-term cell tower lease extending through 2049 with annual rent increases, along with an existing gymnastics center tenant providing additional in-place cash flow through September 2026. • Strong road frontage and accessibility along Chancey Road with multiple access points and excellent connectivity to the expanding Tampa MSA. • Located within the East Pasco Economic Development Zone, positioning the property to benefit from ongoing regional planning, infrastructure improvements, and future economic growth initiatives.