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11796140

6022 FL-54, New Port Richey, FL 34653

BE
FL FL BK144044
Cushman & Wakefield - Tampa, Florida
PB
FL SL648004
Cushman & Wakefield - Tampa, Florida
Listed by Cushman & Wakefield - Tampa, Florida
Unpriced
2726 days on market
Updated 74 days ago

Pasco Growth Corridor – 47.78 Acre Mixed-Use Land

Details
Property Type Land
Sub Type Commercial, Residential (+1)
Acreage 47.780
Zoning MPUD

Last Large 47.78± Acre Mixed-Use Site - SR 54 | Zoned 250K SF Retail + 244K SF Office + 300 Units

Marketing description

This 47.78± acre parcel represents the last large-scale development opportunity along the thriving State Road 54 corridor in West Pasco County. Strategically positioned at the southeast corner of SR 54 and Madison Street, the site benefits from exceptional visibility, high traffic counts, and direct access to major regional arteries including U.S. 19 and the Suncoast Parkway.

Surrounding growth has transformed the corridor into one of Tampa Bay’s most dynamic suburban markets. Master-planned communities such as Starkey Ranch and Trinity continue to deliver thousands of new homes, while retail and healthcare anchors like HCA Florida Trinity Hospital and The Village at Mitchell Ranch attract steady consumer and employment demand. With nearby projects already demonstrating strong retail absorption and premium multifamily rents, this tract offers investors the opportunity to create a true mixed-use destination in the heart of a proven growth market.

As one of the last remaining parcels of this size, the property delivers both immediate development potential and long-term scarcity value.

Investment highlights

Entitled MPUD Zoning: Approved for 250,000 SF retail, 244,000 SF office, and 300 multifamily units.

Utility Infrastructure: 24” water main and 10” sewer line in place along SR 54.

Strong Trade Area: 5-mile radius includes 154,773 residents and nearly $1.2B in annual retail sales.

Healthcare & Employment Drivers: 3 miles to HCA Florida Trinity Hospital; strong demand for medical office, workforce housing, and service retail.

Accessibility & Visibility: Full access from Madison Street, 30,000+ VPD on SR 54, planned light at Thys Rd.

Proven Surrounding Development: Neighboring Starkey Ranch, Trinity, and Mitchell Ranch validate demand and provide long-term competitive positioning.

Scarcity Advantage: The final large development tract along SR 54 — ensuring long-term appreciation and investor exit value.

Listing Contacts

BE
FL FL BK144044
Cushman & Wakefield - Tampa, Florida
PB
FL SL648004
Cushman & Wakefield - Tampa, Florida
Listed by Cushman & Wakefield - Tampa, Florida

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Additional Information

Name
Bruce Erhardt
License
FL BK144044
Brokerage
Bruce Erhardt
Title
Executive Managing Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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