19139 Geraci Rd 10.27 Acres of Residential Land Offered at $1,750,000 in Lutz, FL 33548

INVESTMENT HIGHLIGHTS

  • Development into 18 or 20 single family homes after rezoning and comp plan change on one parcel
  • Water & Sewer on Geraci Road
  • Purchase for a compound to build an estate home
  • Gorgeous Parcel

PROPERTY FACTS

Price $1,750,000
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 10.27 AC

1 LOT AVAILABLE

Lot

Price $1,750,000
Price Per AC $170,399.22
Lot Size 10.27 AC

10,27 acres with a beautiful pond about 6 acres can be developed. Geraci Rd has a 4" force main and a 8" water main.

DESCRIPTION

Acreage Land Use : Parcel consist of two Folio #’s : 013282-0000 & folio # 013282-0020. Folio # 013282 is a 6.49 acres and this parcel went through a land use ( Hillsborough County Comp Plan) change from R-1 to R-4 (Residential—4 homes per acre). The parcel still has to go through a rezoning process to change the current zoning from ASC-1 to RSC-4. The parcel Folio # : 013282.0020 is a 3.78 acre parcel with no address that the current Land Use is R-1 or one home per acre. This parcel must go through a Hillsborough County Comp plan land use change to R-4 and then a rezoning process to RSC-4 . After a wetland survey is obtained, then a buyer could determine how many homes could be built on the parcel. The parcel has between 4.5 to 4.8 acres of wetland. On Geraci Road is a 4” force main and a 8” water line. Birchwood Preserve Subdivision is adjacent to the parcel on the west and Lake Fern Villas Subdivision on the east. Marketed By:

ZONING

Zoning Code ASC-1
  • Listing ID: 21695120

  • Date on Market: 12/8/2020

  • Last Updated:

  • Address: 19139 Geraci Rd, Lutz, FL 33548