20139 Bowman Road, Spring Hill, FL 34610

Property Description

119 ACRES FOR FUTURE DEVELOPMENT SITE - located on the east side of the Suncoast Parkway (589) just south of County Line Road. Property is in PASCO'S FUTURE LAND USE for EC. Many positives about this property for a developer: NO FLOOD (X ZONE). NO WETLANDS. ALREADY CLEARED. PROPERTY IS LEVEL. Located in a DESIGNATED OPPORTUNITY ZONE (The Tax Cuts and Jobs Act of 2017 established Opportunity Zones as a mechanism to provide tax incentives for investment in designated census tracts. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains). Property is in PASCO'S FUTURE LAND USE for EC - High density residential. The EC land use designation is a mixed use land use category that permits Corporate Business Parks, “Targeted Primary Businesses”, higher density residential, and industrial uses. There are not many sites with this much acreage available next to the Suncoast parkway for future development. Call now. Sale includes 7 parcels for a total of 119 acres off the Suncoast parkway (589) near County Line Road. Parcel numbers are: Parcel ID: 02-24-18-0000-01000-0000 36.8 acres Parcel ID: 02-24-18-0000-00900-0000 21.5 acres Parcel ID: 02-24-18-0000-01200-0020 7.5 acres Parcel ID: 02-24-18-0000-01300-0010 20 acres Parcel ID: 02-24-18-0000-01300-0030 10 acres Parcel ID: 02-24-18-0000-01200-0021 15 acres Parcel ID: 02-24-18-0000-01200-0000 8.5 acres