48 ACRE RESID. DEVELOPMENT LAND FOR SALE!

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1 48 ACRE RESID. DEVELOPMENT LAND FOR SALE! PRIME RESIDENTIAL DEVELOPMENT LAND BTWN 41 & COLLIERS PKWY Hale Rd (& Colliers Pkwy), Land O' Lakes, FL PRIME RESID. SUBDIVISION LAND! Grimaldi Commercial Realty Corp 115 W Bearss Ave Tampa, FL grimaldicommercialrealty.com

2 PROPERTY INFORMATION

3 48 ACRE RESIDENTIAL DEVELOPMENT LAND WITH LAKE OFFERING SUMMARY Sale Price: $2,999,000 Lot Size: Zoning: Market: Submarket: 47.6 Acres R1 and AR; FUTURE LAND USE- 6 dwelling units per Gross Acre Tampa - Clearwater - St. Petersburg Land O Lakes, Wesley Chapel Price / SF: $1.45 PROPERTY OVERVIEW ABSOLUTELY PRIME 48 ACRE DEVELOPMENT LAND WITH LAKE PERFECT FOR RESIDENTIAL SUBDIVISION COMMUNITY IN ONE OF THE FASTEST GROWING CORRIDORS IN PASCO COUNTY! FUTURE LAND USE- 6 DWELLING UNITS PER GROSS ACRE. Surrounded by newer residential and Lakefront communities, this development parcel wont last long. This premier land assemblage of 4 parcels includes a 10+ acre Lake and is located at the signalized intersection at Hale Rd and Colliers Parkway and is just minutes from the new Wiregrass Mall, variety shops, and Florida Hospital. Or, simply jump onto I-75 or I-275 to get to downtown Tampa, Tampa International Airport, Busch Gardens or Orlando and all that Disney has to offer. Homeowners enjoy the peaceful, back-to-nature feel of Land O' Lakes, FL, with the added convenience of easy access to all major roads, interstates, shopping, and entertainment. This 48 acre property has apx feet of frontage on Hale Rd, and another apx. 700 feet of frontage on Colliers Parkway, just minutes from Hwy 54 and Hwy 41, with subdivision entrances possible on both Colliers Parkway and Hale Rd, and backs up to Sandpiper Cove at Sable Ridge off of Collier Parkway. The 28 acre parcel is located on the South side of Hale Rd (also fronting Colliers Parkway), and the additional 3 parcels totaling 20 acres are on the North side of Hale where the Lake is located. Current zoning is Res 1 and AR, and Future Land use is 6 units per gross acre. Ideal for mixed use to possibly add Retail or outparcel at Hale/Colliers Pkwy.

4 FULL PROPERTY DESCRIPTION PROPERTY OVERVIEW ABSOLUTELY PRIME 48 ACRE DEVELOPMENT LAND WITH LAKE PERFECT FOR RESIDENTIAL SUBDIVISION COMMUNITY IN ONE OF THE FASTEST GROWING CORRIDORS IN PASCO COUNTY! FUTURE LAND USE- 6 DWELLING UNITS PER GROSS ACRE. Surrounded by newer residential and Lakefront communities, this development parcel wont last long. This premier land assemblage of 4 parcels includes a 10+ acre Lake and is located at the signalized intersection at Hale Rd and Colliers Parkway and is just minutes from the new Wiregrass Mall, variety shops, and Florida Hospital. Or, simply jump onto I-75 or I-275 to get to downtown Tampa, Tampa International Airport, Busch Gardens or Orlando and all that Disney has to offer. Homeowners enjoy the peaceful, back-to-nature feel of Land O' Lakes, FL, with the added convenience of easy access to all major roads, interstates, shopping, and entertainment. This 48 acre property has apx feet of frontage on Hale Rd, and another apx. 700 feet of frontage on Colliers Parkway, just minutes from Hwy 54 and Hwy 41, with subdivision entrances possible on both Colliers Parkway and Hale Rd, and backs up to Sandpiper Cove at Sable Ridge off of Collier Parkway. The 28 acre parcel is located on the South side of Hale Rd (also fronting Colliers Parkway), and the additional 3 parcels totaling 20 acres are on the North side of Hale where the Lake is located. Current zoning is Res 1 and AR, and Future Land use is 6 units per gross acre. Ideal for mixed use to possibly add Retail or outparcel at Hale/ Colliers Pkwy. The Land O Lakes housing market AVERAGE LISTED HOME PRICE IS $338,408, median home price is $275,000, Price per SF is $125, and median closing price is $256,000, and has A rated schools. Homes surrounding this 48 acre parcel range from $200K- $850K. Land O' Lakes demographics: Population 34,869 Population Growth (since 2000) 67% Median Income $76,176 Average Household income $82,000 Median Age Households w/ Children 38% Population Density (ppl / mile) 1, Household Size (ppl) 2.69

5 COMPLETE HIGHLIGHTS SALE HIGHLIGHTS PRIME 48 Acre Residential Subdivision Development Land with a 10+ acre Lake!! Located at signalized intersection of Hale Rd and Colliers Pkwy in Land O'Lakes/Pasco County Minutes from Hwy 41 and Hwy 54 FUTURE LAND USE- 6 DWELLING UNITS PER ACRE Surrounded by Residential communities and businesses/malls/restaurants $82,000 Avg Household Income 67% Growth since 2000 AVERAGE LISTED HOME PRICE $338,408

6 AERIAL OF 48 ACRES

7 48 Acre site Aerial Nearby Lago Del Ray Gated community homes Nearby Hale Rd Homesites

8 FUTURE LAND USE MAP

9 SURROUNDING ZONING

10 DEMOGRAPHICS

11 DEMOGRAPHICS MAP POPULATION 1 MILE 3 MILES 5 MILES Total population 3,787 29,730 68,533 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,316 10,455 24,520 # of persons per HH Average HH income $79,386 $78,759 $80,180 Average house value $293,293 $284,528 $273,102 * Demographic data derived from 2010 US Census

12 DEMOGRAPHICS REPORT 1 MILE 3 MILES 5 MILES Total population 3,787 29,730 68,533 Median age Median age (Male) Median age (Female) MILE 3 MILES 5 MILES Total households 1,316 10,455 24,520 Total persons per HH Average HH income $79,386 $78,759 $80,180 Average house value $293,293 $284,528 $273,102 * Demographic data derived from 2010 US Census

13 LOCATION INFORMATION

14 LOCATION MAPS

15 48 ACRES PRIME RESIDENTIAL DEVELOPMENT LAND BTWN HWY 41 & COLLIERS PKWY AERIAL MAP 48 Acres Prime Residential Development Land btwn Hwy 41 & Colliers Pkwy

16 TRAFFIC COUNTS

17 48 ACRES PRIME RESIDENTIAL DEVELOPMENT LAND BTWN HWY 41 & COLLIERS PKWY RETAILER MAP

18 COMPANY BIO GRIMALDI COMMERCIAL REALTY CORP. COMPANY BACKGROUND AND SERVICES EST. 1975, EXPERIENCE IS THE DIFFERENCE Grimaldi Commercial Realty Corp. has been serving the Tampa Bay and surrounding areas in Florida since Our vast experience and unparalleled knowledge and presence in the local market makes us the professional of choice in commercial real estate and investment properties. We have the Commercial and Investment markets totally unmatched with a team of experienced agents that specialize in all sectors of the commercial market: Seller & Buyer Representation Landlord & Tenant Representation Investment & Financial Analysis Property Valuation Short sales & Foreclosures Property Management Multifamily and Income Producing Investments Land Sales & Development Retail and Office Sales & Leasing Industrial Sales & Leasing We utilize the latest in technology being affiliated with over 40+ local, national, and international commercial marketing sites to aggressively market and move our listings to closing quickly. Grimaldi Commercial Realty Corp. performs a careful assessment of each client s needs before creating the perfect and specialized marketing plan for each property. Our philosophy of continuing hands-on involvement throughout the entire process has led to continued success and growth since One of Tampa Bay s premier and acknowledged commercial real estate experts, Grimaldi Commercial Realty Corp. provides a personalized and professional service approach with a history of long-term client relationships. Contact your Sales & Leasing Staff at Grimaldi Commercial Realty Corp.

19 ADVISOR BIO/ LISTING BROKER KARI L. GRIMALDI/ BROKER President/ Broker PROFESSIONAL BACKGROUND Kari Grimaldi is a Managing Broker/President of Grimaldi Commercial Realty Corp. and commercial real estate expert. Kari has quickly climbed the ranks of who s who in Tampa Bay Area Commercial Real Estate to become a Top Producer. Learning & joining the family business at an early age, Kari understands the importance of networking and building relationships, and has accumulated 20+ years of experience and in-depth knowledge to execute and navigate commercial real estate transactions for Sellers, Buyers, and Landlords/Tenants from inception to closing. Kari has an extensive resume with some of the highlights listed below: 115 W Bearss Ave Tampa, FL T C FL #BK Areas of Expertise: Office and Build to Suit Sales & Leasing Medical Office Sales & Leasing Resale & Leasing of Office Parks Retail Sales & Leasing Industrial Sales & Leasing Multi family Investments Single NNN National Investments Land & Commercial Development Foreign Investors & Investment Specialist Seller Finance and Creative Financing 1031 & Reverse Exchanges Short Sales & Distressed/Bank-owned assets As a commercial real estate owner and investor herself, she knows first hand how to guide others through the process, and negotiate and close transactions successfully. Kari has a vast portfolio of closed transactions in all sectors of the commercial market, and is a multi-million dollar sales producer. EDUCATION A Florida native, Kari earned her Bachelors at University of Florida in Management and Psychology, and a Masters at University of South Florida. A consummate professional, Kari is continually educating herself on the latest economic and market trends with continuing education, seminars and networking. MEMBERSHIPS & AFFILIATIONS Member of NAR, FAR, and FGCAR- Association of Realtors REIC Member- Real Estate Investment Council CCIM Candidate- Certified Commercial Investment Member ICSC Member- International Council of Shopping Centers

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