Old Pasco Mixon

Investment Overview

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.

Investment Highlights

• 10 Acres zoned Agriculture (AC) with Future Land Use (FLU) that allows 3 units / acre
• 284± feet of frontage along Old Pasco Road
• Possible opportunity for 8-9 units / acre based on past instances with area MPUD’s allowing increase
• Potential to assemble with adjacent landowners for a larger development footprint
• Positioned ±1 mile from Double Branch mixed-use development, bringing 6,000 jobs and $600M impact to Pasco County with 4M SF industrial, 400,000 SF retail, 3,500 housing units, and 300-bed hotel
• Ideally situated in walking distance of “A” graded Cypress Middle School and High School
• Easy access to I-75 with a less than 30 minute drive to Downtown Tampa
• 1 mile from planned 365,000 SF John Hopkins All Children’s Hospital
• Located across I-75 from planned 7,800-acre “Connected City,” expecting 96,000 residents in 37,000 housing units and producing 65,000 jobs over the next 50 years