Land in Valrico, Florida № 1615710

Property description

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 Brandon’s 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 Tampa’s hottest sub markets.