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1530 Cypress Creek Rd 325 Acres of Agricultural Land in Lutz, FL 33559

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Investment Highlights

  • Proposed zoning allows for industrial, retail, multifamily, and office/medical uses.
  • Conceptual land use includes employment centers, specialty retail, and up to 548 multifamily units.
  • Strong market fundamentals supported by Tampa Bay’s industrial, retail, and multifamily growth trends.
  • Located in a high-growth corridor near major retail centers and residential communities.
  • Excellent regional access with immediate connectivity to I-75 and I-275.

Executive Summary

The property is situated in Pasco County within the Tampa/St. Petersburg market. It is positioned along Cypress Creek Road with direct access to I-75 and I-275. Surrounding land uses include residential neighborhoods, retail centers, and commercial developments. The site is in the process of being rezoned to MPUD, with conceptual plans for mixed-use development. Wetland areas are present and will be addressed during planning stages. The property is near major retail destinations and employment hubs, providing strong connectivity and development potential.

Property Facts

Sale Type Investment or Owner User
Sale Condition Short Sale
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use Master Planned Community
Total Lot Size 325.00 AC
Zoning ac-1 - Agriculture

1 Lot Available

Lot

Lot Size 325.00 AC

all parcels known as king ranch in municode subarea policies. 120 day close.

Description

King Ranch is a ±324.79-acre property located in the southwest quadrant of SR 54/56 and I-75 in Pasco County, Florida. The site offers over 4,000 feet of prime I-75 frontage and visibility, making it a rare opportunity for large-scale development in a rapidly growing corridor. The surrounding area is highly developed with single-family, multifamily, retail, and commercial uses, creating strong demand for mixed-use projects. The property is currently undergoing rezoning to MPUD, allowing for a variety of uses including industrial, retail, multifamily, and office/medical. Conceptual plans indicate significant development potential, including employment centers, themed specialty retail, office space, and residential units. The site benefits from proximity to major retail destinations such as Tampa Premium Outlets, Cypress Creek Town Center, and Shops at Wiregrass, as well as easy access to I-75 and I-275 for regional connectivity.

Property Taxes

Property Taxes

Parcel Number
34-26-19-0000-00100-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$106,323 CAD
  • Listing ID: 27595587

  • Date on Market: 2023-01-26

  • Last Updated:

  • Address: 1530 Cypress Creek Rd, Lutz, FL 33559

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