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12163 County Line Rd - 4.7 Acres, County Line Rd, Spring Hill, FL 4.7 Acres of Agricultural Land Offered at $1,214,515 CAD in Spring Hill, FL 34609



Investment Highlights
- Strategic Frontage: High visibility on County Line Road, a primary east-west arterial connector.
- De-Risked Environment: Surrounded by 5 approved & active projects, ensuring the continued appreciation and necessity of this specific infill location.
- Logistical Advantage: Proximate to the Suncoast Parkway (SR 589), providing seamless connectivity to the Greater Tampa Bay MSA.
Executive Summary
Cash to seller. Proof of funds/funding must accompany all proposals in order to garner a response from the sellers.
*** Analytical Note: Data points are derived from verified planning and zoning resolutions, including Pasco County PDE24-7795, PDE25-7849, PDE25-7820, PDE25-0165, and Hernando County Resolution 2024-125, which are attached to this listing, and/or available upon request to the sellers.
Disclosures:
Property is being offered For Sale by Owners. Co-owner is a licensed real estate broker in the state of Massachusetts. Contact Seller for Florida Vacant Land Disclosure Statement. Address number "12163 County Line Rd" was derived from Google maps and is NOT a legal description, nor should it be referenced in any legal documents, LOIs, contracts, offers, etc. This address number is provided solely for convenience and approximation purposes. The legal description of the property is: W1/2 OF SE1/4 OF SE1/4 OF SE1/4 LESS 15 FT FOR RD ORB 336 PG 505; parcel # R32 423 18 0000 0250 0000. When originally purchased in 1982, property was 5 acres. Subsequently, 0.3 acres were taken by eminent domain by the state of Florida for the widening of County Line Road.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$3,515
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,515
|
-
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $3,515 |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $3,515 |
| Annual Per AC | - |
Property Facts
| Price | $1,214,515 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Agricultural |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 4.70 AC |
| Zoning | AG - Zoned AG | ||
| Price | $1,214,515 CAD |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 4.70 AC |
| Zoning | AG - Zoned AG |
1 Lot Available
Lot 00378594
| Price | $1,214,515 CAD | Lot Size | 4.70 AC |
| Price Per AC | $258,407.45 CAD |
| Price | $1,214,515 CAD |
| Price Per AC | $258,407.45 CAD |
| Lot Size | 4.70 AC |
4.7-acre (204,732 SF) of wooded raw land with ~330 of street frontage, level at the street with a gentle slop towards the rear. County GIS maps do not appear to show any wetlands or sinkholes. Buyer to verify.
Description
Strategic 4.7-Acre Parcel Located in the Epicenter of the County Line Road High-Velocity Growth Corridor Executive Summary: Offered for the first time since 1982, this 4.7-acre (204,732 SF) raw land parcel presents a sophisticated acquisition opportunity for developers, investors, and those looking to complete a 1031 Exchange. Strategically situated on the Hernando/Pasco county line in the dynamically appreciating Spring Hill sub-market, this site is positioned at the epicenter of an extraordinary regional expansion. Five major approved developments, consisting of 1,300 +/- housing units and 390,000 square feet of approved commercial space, are currently transforming the immediate periphery, creating a high-density corridor that bridges Hernando and Pasco Counties. With approximately 330 linear feet of frontage on County Line Road, which is a primary east-west artery currently undergoing significant growth throughout its entire length, the property offers the scale and visibility required for high-impact development and the burgeoning demand for commercial services, professional office space, and/or medical-use facilities. Strategic Location & Infrastructure: This parcel is located in a high-traffic corridor (approx. 14,500+ AADT) just minutes from the Suncoast Parkway (SR 589), 7.2 miles to US Highway 19, and provides seamless logistics to the Tampa MSA, a short 30 miles away. The Northridge MPUD across the street will trigger a traffic signal 460 feet to the west of this parcel (per Master Report of the District Engineer, Northridge CDD). The surrounding landscape is characterized by established high-density residential developments (Verano, Villages of Avalon, Isle of Avalon, Avalon West, Wellington at Seven Hills, Park Ridge Villas, Encore Topics, etc) and a burgeoning retail presence including Publix-anchored centers and proposed national-brand expansions. Situated 1.3 miles directly east of the Tampa General Hospital, Spring Hill, and the Suncoast Elementary School, located on Quality Drive on the Hernando County side, parallel with County Line Road, 900 feet to the north. The expansion of County Line Road from east of Mariner Blvd to west of the Suncoast Parkway is in the design phase (FDOT project #257298-7-52-01), going from a two-lane road to a four-lane divided highway. A new sidewalk will be built on the north Hernando side, abutting the subject property, and a shared-use path will be built on the south Pasco side of the road. Investment Thesis for Capital Allocation: The investment thesis is anchored by the property’s direct physical adjacency to the Lennar Verano development. As a fully realized and stabilized community comprised of 225 single-family residences, Verano provides an immediate, "at-the-doorstep" consumer base. This direct contiguity minimizes the risk associated with speculative development by providing established residential density immediately abutting the parcel. In a climate of market volatility, this acquisition serves as a robust hedge for sophisticated capital. Whether you are executing a 1031 Exchange, liquidating equity positions to secure tangible "dirt," or seeking a long-term hedge against currency devaluation, this parcel represents a low-velocity, high-yield-potential asset. The influx of high-density residential inventory ensures a robust and permanent shift in local traffic counts and discretionary spending power. • Entitlement Potential: While currently zoned AG, the surrounding land-use patterns strongly support a transition to C-1 or perhaps even C-2 zoning, mirroring adjacent successful rezonings for retail, medical office, or mini-warehouse applications. • Scalability: At 4.7 acres and 330 feet of high visibility frontage, the site provides ample footprint for off-site retention and expansive parking ratios, exceeding the limitations of the smaller 1–2 acre pads common in the area. • De-Risked Environment: Surrounded by five distinct approved and active projects, ensuring the continued appreciation and necessity of this specific infill location. • Logistical Advantage: Proximate to the Suncoast Parkway (SR 589), providing seamless connectivity to the Greater Tampa Bay MSA. • Total Approved Residential Pipeline: 1,328 Entitled Housing Units ? Northridge (Pasco County): 758 +/- Units (Detached/Villas) ? Suncoast Village (Pasco County): 152 Units ? Sun City (Pasco County): 156 Units ? Tri County / Rialto Apartments (Hernando County): 250 Multi-family Units (located just west of the subject site, abutting the Lennar Verano development) The corridor is evolving into a self-sustaining economic node. Beyond residential density, significant commercial and light-industrial entitlements have been secured to support the local economy, totaling 390,000 square feet of approved commercial space. ? Northridge: 40,000 sq. ft. of non-residential entitlements. ? Pasco Mine PD: 350,000+ sq. ft. of approved commercial, retail, and light industrial space (including a concrete batch plant and light industrial facilities). Target Audience: This listing is tailored for commercial developers, land engineers, investors, and private equity groups who recognize the "path of progress." The property’s dimensions and road frontage offer a blank canvas for a flagship professional complex or a high-traffic retail outpost. Conclusion: As the residential developments of Northridge, Suncoast Village, Sun City, and Tri County move toward completion, the demand for localized commercial infrastructure will reach a critical peak. This 4.7-acre parcel represents one of the few remaining opportunities to secure a foothold in a corridor defined by massive capital investment and guaranteed population growth.
Property Taxes
| Parcel Number | R32-423-18-0000-0250-0000 | Total Assessment | $164,149 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $3,515 CAD |
| Improvements Assessment | $0 CAD | Tax Year | 2025 Payable 2025 |
Property Taxes
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12163 County Line Rd - 4.7 Acres, County Line Rd, Spring Hill, FL
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