20826 State 54 Rd
Lutz, FL 33558
Land For Sale
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10.77 AC
Investment Highlights
- New, reduced pricing of $4,250,000 for qualified buyers closing within 60 days - Up to $5,500,000 for contingent or extended-term transactions
- Strong demographics in an area of major growth, in the center of Pasco County's business corridor, make this an ideal development location
- Existing MPUD with 30,000 SF of Retail and 150,000 SF of - rezoning allows for a myriad of uses
- High traffic count - 57,500 AADT with 550 feet of frontage on SR 54
- Well suited for a custom office, corporate campus or mixed-use destination
- Easy access to I 75, US 41 and the Veterans' Expressway
Property Facts
Description
Sienna Village II presents a rare opportunity to acquire a premier development site in one of the fastest-growing corridors in Pasco County. This nearly 10-acre estate-style property offers a distinctive balance of visibility, accessibility, and natural beauty, with mature oak trees and scenic wetlands creating a setting that is both professional and inspiring. Fronting SR 54, the site is positioned in the heart of Pasco County’s highest growth corridor, surrounded by major residential developments, Crystal Lagoon communities, and leading institutional anchors including the Speros/Moffitt Research Park and Johns Hopkins All Children’s Hospital. The area continues to benefit from strong population growth, expanding infrastructure, and planned sports and entertainment destinations. The property is ideally suited for a principal or end user seeking to design and build a custom office, corporate campus, or mixed-use destination. Compatible uses include professional office, medical and healthcare services, daycare, elder care and assisted living, assembly, and distribution. The existing MPUD zoning provides entitlements for up to 150,000 SF of professional office and 30,000 SF of commercial uses, offering flexibility for a single-user campus or a thoughtfully planned mixed-use development with outparcel opportunities. Special pricing of $4,250,000 is available exclusively for a qualified buyer able to close within sixty (60) days. This pricing reflects timing and execution certainty, not underlying asset value. For transactions involving contingencies or extended closing timelines, pricing will be considered up to $5,500,000, commensurate with structure and terms. Pasco County continues to rank among the fastest-growing counties in the United States, and opportunities of this scale, location, and entitlement profile are increasingly scarce. For visionary owners or developers seeking a long-term home for their organization in a premier setting, Sienna Village II represents a truly exceptional opportunity. Pricing Summary: • $4,250,000 for qualified buyers closing within 60 days • Up to $5,500,000 for contingent or extended-term transactions
Property Taxes
| Parcel Numbers | Improvements Assessment | $56,084 | |
| Land Assessment | $4,128,322 | Total Assessment | $4,184,406 |
Property Taxes
