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0 Bowman Rd 179.25 Acres of Commercial Land Offered at $10,000,000 in Shady Hills, FL 34610

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INVESTMENT HIGHLIGHTS

  • Great development opportunity
  • Plenty of land - 2 parcels combined for 180 acres

EXECUTIVE SUMMARY

180 acres MOL being sold with the intent of it being developed as subdivision with single family homes; a PDP with a CDD should cover the cost of water, sewer, infrastructure, etc.

PROPERTY FACTS

Price $10,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 119.00 AC
Zoning AC - agricultural

1 LOT AVAILABLE

Lot

Price $10,000,000
Price Per AC $55,788.01
Lot Size 179.25 AC

180 acres MOL being sold with the intent of it being developed as subdivision with single family homes; a PDP with a CDD should cover the cost of water, sewer, infrastructure, etc.

DESCRIPTION

The property sits between Hernando County on the north side and goes down to Bowman Rd on the south side allowing access north to Brooksville/Spring Hill or South to Tampa. The large majority of the property is not in a flood zone (Flood Zone X and a minor portion in A). A huge savings to the developer to not have to mitigate flood zones and not have to clear the property as the property is already cleared (being used for HAY now and is greebelted for low property taxes - this can me continued during the buyer's holding period to keep property taxes down if the buyer elects). Property is made of of 2 parcels.

  • Listing ID: 24884824

  • Date on Market: 1/21/2022

  • Last Updated:

  • Address: 0 Bowman Rd, Shady Hills, FL 34610

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