Located on E Lumsden Road in the thriving Brandon/Valrico market, this 4.5 acre property presents a rare investment and development opportunity. Currently zoned ASC 1 (allowing for 1 unit per acre), the site has a future land use designation of RES 4, allowing up to 4 units per acre or potential neighborhood commercial, office, or multipurpose development. Public utilities run along the frontage of this site, including a 12 inch watermain and 4 inch forcemain. There is a 4,020 SF single family home which currently generates rental income, offering a cash flow option for investors considering holding the property. Situated just off the intersection of E Lumsden Road and S Mulrennan Road, the property provides quick access to State Road 60, connecting to Brandons retail, dining, and commercial hubs. This site provides a multitude of options, whether you are looking for immediate development potential or strategic investment in one of Tampas hottest sub markets.
Located on E Lumsden Road in the thriving Brandon/Valrico market, this 4.5 acre property presents a rare investment and development opportunity. Currently zoned ASC 1 (allowing for 1 unit per acre), the site has a future land use designation of RES 4, allowing up to 4 units per acre or potential neighborhood commercial, office, or multipurpose development. Public utilities run along the frontage of this site, including a 12 inch watermain and 4 inch forcemain. There is a 4,020 SF single family home which currently generates rental income, offering a cash flow option for investors considering holding the property. Situated just off the intersection of E Lumsden Road and S Mulrennan Road, the property provides quick access to State Road 60, connecting to Brandons retail, dining, and commercial hubs. This site provides a multitude of options, whether you are looking for immediate development potential or strategic investment in one of Tampas hottest sub markets.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: Electricity Available, Sewer Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Current Use: Residential
Legal Description: W 229.84 FT OF NE 1/4 OF NE 1/4 OF NW 1/4 LESS RD R/W---W 210 FT OF N 210 FT OF SE 1/4 OF NE 1/4 OF NW 1/4
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