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8615 Kenton Rd

10.58 Acres of Residential Land Offered at $2,500,000 in Wesley Chapel, FL 33545

Investment Highlights

  • Connected City
  • Kenton Road about to be expanded and paved by King Lake Development across the street
  • Develop 2 contiguous parcels of 25 acres for a possible upscale townhouse complex/mixed use

Executive Summary

Prime development opportunity for grouping together 2 parcels for a total of 25 acres to develop townhomes or mixed use project!
Deeded access to King Lake.
Location in the Connected City. Road about to be improved.

Property Facts

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.58 AC

1 Lot Available

Lot

Price $2,500,000
Price Per AC $236,295
Lot Size 10.58 AC

COM AT NW COR OF E1/2 OF SEC 28 TH N89DEG56'40"E(D1)550.12 FT TH S00DEG 04'01"E 2027.05FT TH N77DEG 27'42"E 1024.72 FT FOR POB TH N77DEG 27'42"E 250 FT TH N89DEG46'53"E 550.35 FT (D2)TH S00DEG04'01"E 501.47FT TH S77DEG 27'42"W 813.67FT TH N00DEG 04'0

Description

**Unleash Your Development Dreams on This Prime 10.58 Acre Canvas!** Welcome to the future of townhome living, where opportunities flourish and possibilities abound! Nestled on a sprawling 10.58 acres, this extraordinary development parcel is not just a slice of land; it's a canvas for your imagination, a palette for your vision, and a golden ticket to the next chapter in real estate success. **Fantastic Townhome/Mixed Use Development Opportunity Awaits! With a generous expanse of 10.58 acres, this parcel is a dream come true for the astute developer and home builder. Approximately 5.95 acres are estimated to be usable land. Strategically positioned in the heart of the Connected City, this gem is primed and ready for transformation into a thriving townhome community. The potential to rezone for townhomes/mixed use opens the door to a spectacular housing project that will captivate the market and stand as a testament to your visionary prowess. **Nature's Embrace and Strategic Location** Surrounded by the natural beauty of a conservation area, this property boasts large pine trees for harvesting and majestic oaks that add a touch of elegance to the landscape. Approximately 5.95 acres of the land are primed and ready for your development magic, offering a harmonious blend of nature and modern living. A perfect balance! Strategically located, this development parcel is in close proximity to the upcoming King Lake development, as well as the expanding Mirada, Epperson Ranch, and Watergrass communities. The adjacent King Lake is gearing up for substantial development, featuring homes and offices that promise to bring a vibrant pulse to the area. Plus, with the Interstate ramp at I-75 just a stone's throw away, connectivity is seamless – making this parcel an irresistible hub for potential homeowners. **Easy Access and Upcoming Infrastructure** As if the location weren't already stellar, the road to success is getting a boost! The developer of King Lake, just across the street, is widening and paving the road down to Elam Road. This upcoming enhancement is a testament to the area's growth and development, ensuring smooth accessibility to your soon-to-be thriving townhome community. **Dream Big – Contiguous Parcel for a 25-Acre Townhome Haven!** The dream doesn't end with this parcel alone. Unlock the potential of contiguous parcels, providing a golden opportunity for a colossal 25-acre townhome/mixed use development. Expand your horizons, embrace the scale, and let your imagination soar as you sculpt an entire community that will stand as a testament to your legacy. There is also deeded access to King Lake! Seize the moment, seize the opportunity. With the stars aligning for this incredible 10.58-acre canvas, your next real estate triumph is just an investment away. Let's turn dreams into reality – schedule a viewing today and let the journey to your success begin! Do not rely on usable acreage estimates. Buyers and Buyers agents are to confirm with their own wetland engineers. See both parcels for a 25 acre development: 8615 Kenton Rd and 8641 Kenton Road. Potentially we can add 8641 Kenton with 14.25/3.47 usable with this parcel for $1.1m!

zoning

Zoning Code AC (Currently agricultural. Rezoning and land use change needs to be completed for a townhome development or mixed use project with MPUD.)
AC (Currently agricultural. Rezoning and land use change needs to be completed for a townhome development or mixed use project with MPUD.)
  • Listing ID: 30950793

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: 8615 Kenton Rd, Wesley Chapel, FL 33545

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