2.56± Acres Retail Development Opportunity

NWC US Hwy 41 & Future Ridge Road Extension Land O'Lakes, FL 34638

  • 2.56 Acres
  • Land
  • For Sale

Summary Description

This highly visible 2.56± site faces the prominent 6,658± acre Connerton development which has 8,540 residential units planned and a large increase in building activity. The site is just north of Lakeshore Ranch, a 569± acre development with 770 planned units with over 350 currently occupied. US Highway 41 currently has two northbound lanes from the site and four southbound lanes. Construction of an additional two lanes scheduled to begin in 2019. Pasco County is awaiting approval for Ridge Road to be built from the Suncoast Parkway to US Highway 41. Ridge Road is also planned to connect the north/south road going to State Road 52. Once zoning has been changed this will be a great site for many retail uses, such as, drugstores, convenience store/gas station, and restaurants. There is ample land for both a sit-down and fast-food restaurant. Restaurants are a high demand asset in this area, as confirmed by many local residents, including one of Pasco County’s commissioners, who lives in the area.

Property Status: For Sale

Lot Size: 2.56 Acres

Area Available: 2.56 Acres

Features:

  • Frontage: Approx. 298 feet on US Hwy 41; Approx. 430 feet on Future Ridge Rd.
  • Water & Sewer: Pasco County Utilities
  • Water line located along US 41 in front of the site
  • Sewer line located on the east side of US 41
  • Gross Tax $2,157.33
  • Land Use: Res-3

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