9224 Old Pasco Rd - Future Multifamily in Wesley Chapel 10 Acres of Residential Land Offered at $2,000,000 in Wesley Chapel, FL 33544

PROPERTY DESCRIPTION - The opportunity is to acquire approximately 10 acres located at 9224 Old Pasco Road in Wesley Chapel, Florida, featuring approximately 284± feet of frontage along Old Pasco Road. The property is zoned AC, Agricultural, with a Future Land Use designation of RES-3, allowing up to 3 dwelling units per acre.
Based on precedent in nearby MPUD approvals, there may be potential to increase density to approximately 8 to 9 units per acre, subject to county approval. The site offers a strong residential development opportunity within one of Pasco County’s most active growth corridors and may also provide assemblage potential with adjacent landowners.
LOCATION DESCRIPTION- The site is located less than one mile from the $600 million Double Branch mixed-use development, planned for 4 million square feet of industrial, 400,000 square feet of retail, 3,500 housing units, and 6,000 jobs, and approximately one mile from the planned 365,000 square foot Johns Hopkins All Children's Hospital facility.
Positioned just east of I-75 and across from the 7,800-acre Connected City, projected for 96,000 residents and 65,000 jobs, the property offers strong regional connectivity and is within walking distance of A-rated Cypress Creek Middle and High School.
PROPERTY SIZE - 10.0 Acres
ZONING - AC
FUTURE LAND USE- RES-3
PARCEL ID - 20-25-20-0000-00100-0041