Photo 1 of 1
$215,000
Sold on 11/02/12
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
1.00 |
2,420 |
$4,084 |
1958 |
On the market:
125 days
short-sale
|
View full details, 15 photos, school info, and price history
Short Sale : QUICK V.TOUR : PRICE REDUCED FROM $1.5M TO $1M : DOUBLE YOUR MONEY BY INVESTING IN 8 ACRES OF PRIME REAL ESTATE ON THE FRONT EDGE OF VALRICO'S BUSINESS DISTRICT : A 2,180 SQ/FT HOUSE CURRENTLY BEING USED AS OFFICES IS ON THECENTER FRONT OF THE 8 ACRES : 982 FEET OF ROAD FRONTAGE ON LITHIA PINECREST RD - JUST HALF-A-MILE SOUTH OF BLOOMINGDALE AVE - LITHIA PINECREST RD IS THE MAIN ROAD THAT CONNECTS BRANDON TO VALRICO TO LITHIA, WHERE 1,000'S OF HOUSES HAVE JUST BEEN BUILT WITH 1,000'S MORE BEING BUILT : ALL 8 ACRES ARE LEVEL & DRY WITH NO TREES TO FELL : THIS STRETCH OF LITHIA PINECREST RD IS SCHEDULED TO BE WIDENED TO 4-LANES, STARTING IN 2008 & BEING COMPLETED IN 2011 : THE COUNTY WILL PROBABLY NEED TO PAY THE NEW OWNER ANESTIMATED $500,000 FOR THE 15 FEET OF FRONTAGE NEEDED FOR THE ROAD WIDENING PROJECT : ON COMPLETION OF THE ROAD WIDENING WOULD BE THE OPPORTUNE TIME TO RE-ZONE TO COMMERCIAL : THE PROPERTY SHOULD DOUBLE IN VALUE ONCE RE-ZONED TO COMMERCIAL : ONCE RE-ZONEDTO COMMERCIAL THIS PROPERTY COULD BE USED AS A 'FOOD EMPORIUM' WITH A WENDY'S & THE LIKE ON THE ROAD FRONT & A CRACKER BARREL & OTHERS IN THE BACK OR AS 'BUSINESS PARK' OR AS A 'STRIP MALL' OR DEVEN A 'FLEA MARKET' - THE POSSIBILITIES ARE ENDLESS : THE GRAND PRIZE TO ALSO PURCHASE 12 ACRES NEXT DOOR (3739 LITHIA PINECREST RD - MLS # T2231801) AND RE-ZONE ALL 20 ACRES TO COMMERCIAL IN 2011 OR SUB-DIVIDE THE 12 ACRES INTO OVER 30 LOTS OR KEEP THE 12 ACRES AS YOUR PRIVATE & SERENE 'GARDEN OF EDEN' PARADISE
Listing courtesy of Smiley Papenfus, SIGNATURE REALTY ASSOCIATES