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2.33 ACRES + INCOME HOME ON CHANCEY ROAD — ZEPHYRHILLS' INDUSTRIAL GROWTH CORRIDOR | $595,000 — SELLER OPEN TO JV PARTNERSHIP Buy it outright — or partner. The Seller will stay in the deal through permit approval and share the risk with you. THE PROPERTY 2.33 acres at 36630 Chancey Rd with an existing 3-bed/2-bath home currently renting for $2200/month ($26,400/year) — carrying costs are covered from day one while entitlements are processed. Strong road width and frontage on Chancey Rd supports commercial access and site-plan approval. Currently zoned AR with a well-supported path to C-1/C-2 commercial, confirmed through consultation with a county permitting consultancy and consistent with the corridor's official industrial designation. COMMERCIAL OR LIGHT INDUSTRIAL — TWO ENTITLEMENT PATHS The Chancey Rd corridor already carries Light Industrial (I-1) future land use designations — neighboring acreage down the road is zoned light industrial today The surrounding corridor holds an established pattern of C-2, C-3, and I-1 zoning, with warehouse/storage uses already built and operating With the City actively preserving this corridor for industrial job creation — and MiTek & Bauducco constructing manufacturing plants on the same road — flex, warehouse, contractor yard, and light-industrial concepts are a realistic entitlement play alongside retail/commercial THE LOCATION — WHY THIS CORRIDOR, WHY NOW MiTek: $77.6M, 480,000 SF plant near Chancey Rd — operations launching 2026 Bauducco Foods: $200M, 400,000 SF campus on Chancey Rd — ~600 jobs Two Rivers: 6,000-acre community with 7,500 homes & K-12 schools rising just south Road expansion feeding this corridor: FDOT's SR 56 extension study, programmed US 301 widening, and the proposed Coats Road connection linking SR 54 & SR 56 $3M+ in county utility investment already in the ground • ~2 miles to US 301 • SR 56 to I-75 • 15 min to Wesley Chapel • CSX rail serves the corridor THE NUMBERS Today at $495K: ~$245K/acre with $26,400/year in-place income — priced below the corridor's entitled-land benchmark (a nearby 13-acre parcel with partial C-2 is asking ~$346K/acre; 7.97 acres of light-industrial land nearby is asking $850K) After rezone (C-1 or light industrial): entitled corridor land has $350K–$500K+/acre potential — land value alone of $800K–$1.1M+ After development: retail, flex, warehouse, storage, or service commercial serving 750+ new jobs and 7,500 new rooftops TWO WAYS TO WIN Straight purchase at $495,000 — take the in-place income, the entitlement upside, and run. Joint venture with the seller — we're ready to contract with a qualified developer and stay in the deal through county permit approval, in exchange for a share in the development. Same risk, same upside, aligned from day one. This is a great corridor, we've done the groundwork with county permitting consultants, and will share the information with the right partner. Contact me for parcel details, rental history, rezoning consultation notes.
Data courtesy of: Stellar MLS
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