Land

Bexley Development Site

19025 Umberland Pl Land O' Lakes, Florida United States 34638-0010
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Executive Summary
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Key facts

Land Area ()

Property description

Jones Lang LaSalle Americas, Inc. (JLL) has been retained as the exclusive sales representative for an up-to ±17.43 acre multi-housing development site within Bexley, a top-selling 1,200-acre master-planned community in Land o’ Lakes, Florida, a burgeoning suburb of Tampa. It is anticipated developers will plan for 300 to 320 units to be constructed on the Site; however entitlements allow for up to 600 units to be developed within Bexley.

Investment highlights

  • ±17.43 acres within upscale, top-selling Bexley master-planned community
  • Site to be sold graded per approved drawings
  • Vibrant submarket with rapidly expanding economy and strong job growth driven by high-wage job sectors such as finance, health care, medical manufacturing and research
  • Among the fastest growing areas in Tampa Bay with the population in the surrounding 1 mile radius projected to grow 4% per year through 2025 (Esri demographics)
  • Access to A-rated schools
  • Over 3.2 million sf of retail space on the SR-54 Corridor (CoStar)
Last Updated Date: 07 Sep 2021
Matt Mitchell
Matt Mitchell
Senior Managing Director, Tampa Office Co-Head
Broker Licenses
FL-BK3221815
+60 (3) 2260 0700
Zach Nolan
Zach Nolan
Senior Director, Capital Markets
Broker Licenses
FL-SL3280497
+60 (3) 2260 0700
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+60 (3) 2260 0700
Last Updated Date: 07 Sep 2021

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