$1,200,000
$2,000,000
40.0%For more information regarding the value of a property, please contact us for a free consultation.
7.29 Acres Lot
SOLD DATE : 07/18/2024
Key Details
Sold Price $1,200,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Unplatted
MLS Listing ID T3516243
Sold Date 07/18/24
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $2,749
Lot Size 7.290 Acres
Acres 7.29
Lot Dimensions 185x2000
Property Description
The opportunity is to purchase 7.29 acres of future development land located on County Road 672 (Balm Road) in southern Hillsborough County. It has 180 feet of frontage on County Road 672 (Balm Road).
The property is currently zoned both AS-0.4 (Agricultural Single-Family, which permits 1 dwelling unit per 2.5 acres) and AR (Agricultural Rural, which permits 1 dwelling unit per 5 acres). It has a future land use of RP-2 (Residential Planned-2).
It appears to be completely high and dry. Utilities are being brought east to service the neighboring Balm Groves East project. Once completed, utilities will be in close proximity to the property.
The property is located in Balm in southern Hillsborough County. It has frontage on County Road 672, providing easy access to the property.
It is within a commutable distance to FishHawk Ranch (15 minutes), Apollo Beach (30 minutes), Ruskin (30 minutes), Downtown Tampa (40 minutes), and Tampa International Airport (1 hour).
The Riverview/Balm/Wimauma market is a rapidly growing area consisting of new residential communities, retail, and schools. The subject property is adjacent to an upcoming development, Balm Grove East, which is permitted for 346 units.
Location
State FL
County Hillsborough
Community Unplatted
Zoning AS-0.4, AR
Exterior
Utilities Available Sewer Nearby, Water Nearby
Building
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with ESHENBAUGH LAND COMPANY
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