S. R. 56 Woods Northwoods Commercial Lot 5

Prime vacant commercial land located directly on State Rd. 56 in the rapidly growing area of Wesley Chapel, Pasco County, FL, this property is known as Woods Northwoods Commercial Lot 5 and is part of a large single family, multi-family and commercial development. There are 4 other lots of various sizes and prices. None of the lots are engineered, pad ready or developed.

Lot 5 – shown on the conceptual plan as approximately 1.0 acres with 166’ of frontage along SR 56.

Woods Northwoods is located on the south side of State Rd. 56 in Wesley Chapel, FL, between Bruce B. Downs Blvd. (CR 581) and I-75. State Rd. 56 is the major east-west road that connects I-75 to Bruce B. Downs Blvd. and Meadow Point Blvd., just north of New Tampa. Access and visibility is excellent on State Rd. 56. A signalized intersection is planned for the intersection of Northwood Palms @State Rd. 56. The extension of Northwood Palms is currently under construction immediately east of Lot 1.

Woods Northwood is located less than a mile from I-75, less than a mile from The Shops at Wiregrass and less than a mile and a half from the new Florida Hospital at Wesley Chapel.

The surrounding area is newly developed, with notable retail developments in the area including The Shops at Wiregrass, Seven Oaks and Cypress Creek. Larger, well performing residential communities in the area include Seven Oaks and Grand Hampton.

Immediately south of this property is a new residential development underway by Taylor Morrison. Immediately east of the property is a new multifamily development currently being engineered.

The property is part of the Northwood DRI and current zoning for the entire commercial acreage allows for up to 25,000 SF of commercial development. Lots 2, 3, 4 and 5 share 19,000 SF of commercial entitlements. Lot 1 is under contract.