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5807 N ELLERBEE ROADWesley Chapel, FL 33543 0

$1,050,000
Commercial
Status: Active
  • Sqft:
  • Lot:271 x 298
  • MLS#: T3117000
28.241230010986328-82.316719055175781
Courtesy Of MICHAEL SAUNDERS & COMPANY

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 3 rents coming in that are on a one-year renewal basis. The owner's 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.

Main Features:

Listing Status Active Year Built 1940
Floors 1 County Pasco
Taxes $7,964.00 Tax Year 2018
Rental Price $0

Additional Features:

Acreage Range Two + to Five Acres
Building Area Source Public Records
Business Type Distribution
Construction Siding
Cooling A/C - Office Only
Property Subtype Office
Road Frontage Highway
Sewer Septic Tank
Utilities Public

Extra Features:

Building Expenses 2400.00 CDOM 496
Flood Zone X Frontage 271
Legal Description SOUTH 420 FT OF NW1/4 OF NW1/4 OF SEC EXC WEST 1000 FT THEREOF & EXC THAT PART FOR R/W FOR ELLERBEE RD & EXC THAT PART LYING IN R/W FOR SR 54 SUBJECT TO A PERPETIAL EASEMENT FOR RIGHT OF WAY PER OR 4503 PG 1311 & EXC PCL DESC AS COM AT NW COR OF SEC 9 TH ALG Listing URL https://www.state27homes.com/search/listing/T3117000
Lot Size Acres 2.03 Lot Size Dim 271 x 298
Lot Size Square Feet 88266 Number of Buildings 1
Number Of Lots 1 Office URL http://www.ccgflorida.com
Parcel Number 09-26-20-0000-00700-0010 Tax Block 154
Township 26

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. 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 consumer 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.
Information deemed reliable but not guaranteed.
Copyright© 2019 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Last Updated On: 11/12/2019 9:04:18 PM

5807 N ELLERBEE ROAD, Wesley Chapel, FL 33543

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Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. 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 consumer 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.
Information deemed reliable but not guaranteed.
Copyright© 2019 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Last Updated On: 11/12/2019 9:04:18 PM

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