18908 Shettle Road, Land O' Lakes, FL 34637

Property Description

This flat, two-parcel development site is high and dry, on the east side of US Hwy 41 just south of SR 52, in the center of Central Pasco rapid development. Access to all of the site via Shettle Public road ROW delivers full use of the site for a variety of Retail possibilities fronting US Hwy 41, Medical Office or Multi-Family and/or Self-Storage. Former (expired) Birren MPUD shows retail portion at +/-3 Acres, Medical office at +/- 8 Acres and self-storage at approx. 5.79 Acres, all accessible from Shettle Rd, a public right of way access. 2020 Demographics include a population of over 22,000 with an average income of more than $87,000 within a 5-mile radius. This is poised to increase in the next decade as Lennar acquired 5,100 acres directly west of the subject parcel for future Angeline residential development to allow up to 11,495 homes, 29 million SF of commercial and office uses. Moffitt Cancer Center and Research Institute acquired 775 acres from Lennar for a 1.4 million SF $191 million dollar research facility which will create 14,500 jobs. Within the “Wellness” community of Angeline, a $52.7M, 186,882 SqFt 6-12 grade magnet school on 18.8-acres is slated for completion April 2023. Since Pasco Hernando State College hold 29 Acres on the NWC of SR 52 and US-41, we’re sure to see a partnership with the Angeline STEAM program for a continuing education vo-tech school.