property for sale€¦ · 29 acres for infill development in pasco county property for sale...
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29 ACRES FOR INFILL DEVELOPMENT IN PASCO COUNTY
PROPERTY FOR SALE
877.518.5263 | SVNsaunders.com | 114 N. Tennessee Ave. Lakeland, FL 33801
3 EXECUTIVE SUMMARY
4 MAPS
6 DEMOGRAPHICS
9 AERIAL VIEWS
13 AERIAL PHOTOS
T A B L E O F C O N T E N T S
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CONFIDENTIALITY & DISCLAIMER ©2019 SVN | Saunders Ralston Dantzler Real Estate, All rights Reserved, makes every attempt to provide accurate information on this property, however, does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records.
Steve Toner, MBA, MPA, TRC Senior Advisor
[email protected] 813.391.0302
29 ACRES FOR INFILL DEVELOPMENT IN PASCO COUNTY
E X E C U T I V E S U M M A R Y
This 29 +/- acre mixed use development property is located just off of US 301. The property is located within a strong market and trade area with several big box and national retailers. Nearby facilities include schools, medical facilities, restaurants, and shopping along US 301 just 1,350 +/- FT from the subject property. There is very strong population density within the surrounding area with more than 25,000 people within a 2 mile radius.
This is an excellent opportunity for an infill mixed use development, or a multifamily community development.
Site Address: 37621 Eiland Blvd., Zephyrhills, FL
County: Pasco
PIN (Property Identification Number):
03-26-21-0010-06100-0020,03-26-21-0010-02000-0000,03-26-21-0010-06100-0010,03-26-21-0010-03600-0000,03-26-21-0010-06200-0010,03-26-21-0010-06200-0000,03-26-21-0010-05100-0000,03-26-21-0010-06100-0000,03-26-21-0010-05100-0010
Land Size: 28.97 +/- Acres
Property Use: Mixed Use Development
Utilities: Available - Pasco County
Zoning:Mixed (Agricultural; Agricultural-Residen-tial; Multi-Family; Office/Professional)
Traffic Count: 17,400 cars/day on 54
Asking Price: $4,100,000
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R E G I O N A L L O C A T I O N Located in the Tampa-St. Petersburg-Clearwater MSA.
ORL ANDO
TAMPA
L AKEL AND
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T A B L E O F C O N T E N T S
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Located just west of US 301 in Zephyrhills, FL.
B E N C H M A R K D E M O G R A P H I C S
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There is strong population density within a 2 mile radius of 25,037 people.
1 Mile 2 Miles 3 Miles 5 Mins 10 Mins Polk FL US
PopulationHouseholdsFamiliesAverage Household SizeOwner Occupied Housing UnitsRenter Occupied Housing UnitsMedian Age
IncomeMedian Household IncomeAverage Household IncomePer Capita Income
Trends: 2015 - 2020 Annual Growth RatePopulationHouseholdsFamiliesOwner HHsMedian Household Income
1 Mile 2 Miles 3 Miles 5 Mins 10 Mins Pasco MSA FL US
Population 5,789 25,037 41,492 13,621 50,815 536,023 3,160,627 21,239,528 332,417,793Households 2,797 11,643 18,549 6,442 22,921 213,800 1,283,312 8,299,404 125,168,557Families 1,570 6,947 11,413 3,793 14,317 142,068 791,803 5,366,533 82,295,074Average Household Size 2.00 2.11 2.21 2.07 2.19 2.48 2.42 2.51 2.59 Owner Occupied Housing Units
2,140 8,401 13,754 4,593 17,538 155,741 830,532 5,375,035 79,459,278
Renter Occupied Housing Units
657 3,242 4,795 1,848 5,383 58,059 452,780 2,924,369 45,709,279
Median Age 62.5 58.4 56.8 58.0 58.1 46.0 43.0 42.5 38.5
IncomeMedian Household Income $37,954 $39,177 $40,173 $37,957 $41,447 $52,607 $53,970 $54,238 $60,548Average Household Income $51,671 $54,473 $55,586 $54,752 $56,669 $70,839 $77,199 $78,335 $87,398Per Capita Income $25,075 $25,111 $24,962 $25,372 $25,528 $28,320 $31,415 $30,703 $33,028
Trends: 2015 - 2020 Annual Growth RatePopulation 0.97% 1.29% 1.44% 1.48% 1.38% 1.52% 1.33% 1.37% 0.77%Households 0.86% 1.11% 1.22% 1.35% 1.15% 1.34% 1.21% 1.31% 0.75%Families 0.68% 1.02% 1.15% 1.28% 1.07% 1.28% 1.16% 1.26% 0.68%Owner HHs 1.06% 1.53% 1.64% 1.84% 1.51% 1.61% 1.46% 1.60% 0.92%Median Household Income 2.48% 2.44% 2.42% 2.45% 2.54% 2.06% 2.40% 2.37% 2.70%
B E N C H M A R K D E M O G R A P H I C S
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1 Mile 2 Miles 3 Miles 5 Mins 10 Mins Pasco MSA FL US
Households by Income<$15,000 14.60% 13.90% 13.30% 14.00% 12.60% 10.50% 11.00% 11.10% 10.70%
$15,000 - $24,999 16.10% 15.30% 15.00% 16.50% 14.70% 11.70% 10.50% 10.10% 9.00%
$25,000 - $34,999 15.60% 15.10% 14.50% 15.50% 14.40% 10.40% 10.20% 10.10% 8.90%
$35,000 - $49,999 14.70% 16.00% 16.60% 15.30% 16.20% 14.40% 14.30% 14.40% 12.40%
$50,000 - $74,999 17.70% 20.00% 20.00% 18.10% 20.30% 19.90% 18.40% 18.50% 17.50%
$75,000 - $99,999 10.40% 8.80% 9.00% 9.00% 9.40% 11.90% 12.40% 12.30% 12.60%
$100,000 - $149,999 7.80% 6.80% 7.10% 7.10% 8.00% 13.10% 12.80% 12.80% 15.10%
$150,000 - $199,999 2.50% 2.00% 2.30% 2.00% 2.40% 4.60% 5.10% 5.00% 6.50%
$200,000+ 0.70% 2.10% 2.10% 2.40% 2.00% 3.60% 5.40% 5.70% 7.30%
Population by Age0 - 4 3.10% 3.70% 3.80% 3.80% 3.70% 5.10% 5.20% 5.20% 6.00%
5 - 9 3.20% 3.70% 4.00% 3.80% 3.80% 5.30% 5.30% 5.40% 6.10%
10 - 14 3.00% 3.90% 4.10% 3.80% 4.00% 5.50% 5.50% 5.60% 6.30%
15 - 19 2.80% 3.60% 3.90% 3.50% 3.80% 5.20% 5.50% 5.60% 6.30%
20 - 24 3.10% 3.60% 3.90% 3.60% 3.70% 4.90% 6.00% 6.10% 6.70%
25 - 34 7.30% 8.80% 9.00% 8.70% 8.60% 11.30% 13.00% 13.30% 14.00%
35 - 44 7.10% 8.30% 8.70% 8.40% 8.30% 11.40% 11.90% 11.70% 12.60%
45 - 54 9.00% 9.80% 10.20% 10.00% 9.90% 12.70% 12.80% 12.50% 12.50%
55 - 64 15.60% 14.80% 14.80% 15.00% 15.00% 14.30% 14.00% 13.70% 13.10%
65 - 74 19.90% 18.50% 18.20% 17.90% 19.50% 13.40% 11.60% 11.70% 9.70%
75 - 84 16.40% 14.60% 13.80% 14.20% 14.10% 7.70% 6.40% 6.50% 4.70%
85+ 9.40% 6.70% 5.70% 7.20% 5.50% 3.20% 2.90% 2.80% 2.00%
Race and EthnicityWhite Alone 91.00% 89.30% 88.80% 89.20% 88.50% 84.10% 75.70% 72.70% 69.60%
Black Alone 3.60% 4.10% 4.40% 4.40% 4.70% 6.30% 12.70% 16.50% 12.90%
American Indian Alone 0.20% 0.30% 0.30% 0.20% 0.40% 0.40% 0.40% 0.40% 1.00%
Asian Alone 1.60% 1.50% 1.50% 1.40% 1.40% 2.60% 3.60% 2.90% 5.80%
Pacific Islander Alone 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.10% 0.10% 0.20%
Some Other Race Alone 1.50% 2.50% 2.50% 2.40% 2.60% 3.60% 4.30% 4.50% 7.00%
Two or More Races 2.10% 2.40% 2.50% 2.30% 2.40% 3.10% 3.30% 3.10% 3.50%
Hispanic Origin (Any Race) 9.00% 10.70% 11.00% 11.00% 11.00% 16.30% 20.60% 26.60% 18.60%
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The market area around the subject includes 2 Publix’s, Walmart, Lowe’s and other big box brands.
SUBJECT
21,000 cars/day
10,700cars/day
3,500cars/day
22 ,000cars/day
9,000cars/day
21,000cars/day
17,400cars/day
14,500cars/day
T R A D E A R E A M A P
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2 Miles
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The trade area includes US 301, a major commercial corridor in Zephyrills, FL.
9,000cars/day
10,700cars/day
17,400cars/day
20,100cars/day
22 ,000 cars/day
N E I G H B O R H O O D A E R I A L
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The neighborhood is a combination of residential and commercial uses.
Fort King Road
US 301/G
all Blvd
CR54/Eiland Blvd
Dairy Rd
Daughtery Rd
22 ,000cars/day
11,600 cars/day
11,500cars/day
17,400cars/day
11,600cars/day
12 ,000cars/day
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S I T E A E R I A LS I T E A E R I A L
Fort King Road
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There are several access points along CR 54 as well as an access point via Fort King Road.
CR54/Eiland Blvd
11,500cars/day
17,400cars/day
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17,400cars/day
NEW ENGLAND
COLONY LAGO
VALLEYDALE
FAIRBANKS
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SUNN
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LAGO PARK
CALLIOPE
MARTINDALE
PARK
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WETLAND,
FLOODPLAINDRAINAGE,
COMPENSATION
FLOODPLAINDRAINAGE,
COMPENSATION
EILAND BLVD.
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WETLAND
JOB NUMBER SHEETDRAWN BY DATESEC TWP RGE
ABSOLUTEENGINEERING, INC.(813) 221-1516 TEL(813) 344-0100 FAX
1000 N. ASHLEY DRIVE, SUITE 925TAMPA, FLORIDA 33602C.A. NO. 28358 1
EILAND PROPERTYCONCEPTUAL SITE PLAN
ROA 12-2-2019
11,500cars/day
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SUBJECT
SUBJECT
Well maintained neighboring multifamily developmentNeighboring multifamily development
Agricultural (AC)
T he purpose of the A-C Agricultural District is to preserve the rural and open character of various
lands within the County. These lands are agricultural lands; sites of vital, natural water resource
functions; areas with highly productive, natural plant and animal communities; and areas with valuable
topographic and/or subsurface features, all of which are necessary to sustain and enhance the quality of
life in the County.
Agricultural Residential (AR)
T he purpose of the A-R Agricultural-Residential District is to allow the development
of relatively large tracts of land to accommodate those individuals who desire a
rural or estate-type living environment; to curtail urban development in areas which lack
facilities, until such time as those facilities are available; and to promote conservation of
rural environments through limiting the intensity of development.
Multi-Family Residential (R-4)
T his category is established to identify areas of the city appropriate for higher
density mixed duplex and multi-family residential development. The maximum
density of development shall be 14 dwelling units per gross acre with a maximum of 75%
impervious area.
Office/Professional (OP)
T his category is established to identify areas of the city appropriate for professional
services and related commercial activities, which produce minimal conflict with
a residential environment. The gross floor area of a nonresidential building(s) shall
not exceed 50% of the land area of the site upon which the building(s) is/are erected.
Multi-family residential development in an OP district permitted as a conditional
use shall comply with all requirements of the R-4 district. Additional permitted uses
inlude convenience store (no gas), banks/financial services, full service restaurants,
neighborhood cafe, personal services, laundromat/dry cleaner, pharmacy/drug store,
medical marijuana, tattoo, and indoor pet care.
Z O N I N G
AC
AR
R4
OP
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