22 ac for 336 Unit Apt Dev in Land O'Lakes
Up to 22 Acres Entitled for 336 Multifamily Units in Central Pasco Employment Village Land O Lakes, FL
Introducing a prime multifamily development opportunity in the heart of Land O Lakes, fronting State Road 52 just west of I-75 in Pasco County, FL. This offering includes up to 22 acres on the southern portion of a 45.24 acre parcel, fully entitled for 336 apartment units as part of the Central Pasco Employment Village (CPEV)a designated growth and mixed-use district strategically located in one of Tampa Bays fastest-growing submarkets.
The site benefits from recent rezoning (May 2022) that allows for 336 multifamily units, along with 116,882 square feet of commercial entitlements for future supporting retail and office use. Positioned at the N.W. quadrant of the main entrance road and the E-W vision corridor, the site is surrounded by rapid development, including:
Amazons new 500,0...
Amazons new 500,000 SF logistics facility just to the east
Over 1,000 single-family homes under contract to the immediate west
Growing retail, grocery, and restaurant options within minutes
With excellent access to I-75, strong surrounding residential absorption, and institutional-scale development activity already underway, this multifamily site offers investors a chance to deliver much-needed housing in a high-demand corridor.
Property Highlights:
Size: Up to 22 acres (part of 45.24 acre parcel)
Zoning: CPEV Entitled for 336 multifamily units
Future Land Use: Multifamily (20 ac) + support commercial (retail/office)
Parcel ID: 10-25-19-0000-00700-0000 (partial folio)
Location: South of SR 52, west of I-75, in Land O Lakes, FL
Price: $15,120,000 ($45,000/unit)
Dont miss this rare opportunity to develop in Central Pascos premier employment and housing hub, surrounded by job growth, infrastructure investment, and regional connectivity.
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About Bill Eshenbaugh
BiographyBill has weathered and prospered through several real estate cycles and has a keen ability to see and forecast trends ahead of the curve. Tenacity and a fervent passion for the business have earned him the nickname, The Dirt Dog.He has been a director or officer in most of the major real estate organizations in Tampa and has been honored with numerous Broker of the Year and "Top Producer" awards over his 40+ career. Most recent are:FGCAR Top Regional Land Producer for 2022, 2021, 2019, 2018.FGCAR Pinnacle Award "Brokerage Firm of the Year", 2019.RLI Apex Top 20 National Producer Award, 2022, 2021, 2019, 2018.RLI Apex Award National Broker of the Year-Top Residential Land Sales Nationwide 2022 & RLI Apex Award, Top Land Sales Nationwide 2022Land.com Top Seller Award 2022-2023National Association of Realtors (NAR)s 2023 National Commercial AwardTampa Bay Business Journals 2022 Best Real Estate Deals Award for Pasco Town CenterFGCAR 2022 Land Deal of The Year Award, NAIOP 2021 Land Deal of The Year AwardProfessional HistoryBill graduated from Pennsylvania State University with a Bachelor of Science in Finance. He earned his ALC designation (Accredited Land Consultant) over 25 years ago, which is an indication of a professional who is the most accomplished, the most experienced, and the most knowledgeable land expert.Bill has also held the prestigious CCIM designation for over 25 years, which is a designation as a recognized expert in the commercial and investment real estate industry. The designation process ensures that CCIMs are proficient not only in theory, but also in practice.Memberships and AssociationsTampa Bay Builders Builder of The YearNAIOP-Tampa Bay 16 Year Director, Tampa Bay Hall of Fame, Tampa Bay Best Brokerage AwardFlorida Assoc. of Realtors Outstanding Commercial Broker Award 2010, CREW Best Broker Firm AwardRealtors Land Institute-Land Realtor of America, Florida Land Realtor of the Year twice, FL Chapter Past PresidentReal Estate Investment Council Advisory BoardULI Florida Products CouncilPAST:Florida Community Developers Association, ULI Tampa Bay Trends Conference Past ChairBuilders Association Builder of The Year