Cypress 54 Associates

Investment Overview

The opportunity is to acquire 34.5± acres at Wesley Chapel Boulevard and Magnolia Boulevard in Lutz, FL, within Pasco County. The tract includes 5.9± acres of developable upland, zoned C-3 Commercial with a Retail/Office/Residential (ROR) Future Land Use permitting a 0.6 F.A.R. and 60-foot building height. A conceptual plan illustrates a 27,000 square foot medical and professional office campus, well below the allowable density, with wetlands, floodplain, and adjoining airport overlay areas serving as permanent open space and buffer. An existing billboard sign remains in place and is unaffected by the county's roadway project.