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PROPERTY SUMMARY
| The Opportunity: |
The opportunity is for a developer or retailer to buy a 47.5 acre parcel in the center of
the new NE Plant City community. This property is located at the SW corner of
Midway Road and Charlie Taylor Road, centrally located amidst the 1,000 acre
Cone Ranch project (zoning approval for 2,300 residences). |
| Location: |
This property is located two miles north of I-4 and the proposed central Florida
high-speed rail, approximately halfway between the Tampa and Orlando metropolitan areas of central Florida. |
| Frontage: |
The property has approximately 1,300 feet of frontage on Midway Road and 1,300
feet of frontage on Charlie Taylor Road. According to Plant City’s NE Master Plan,
Midway Road will be widened to a 4-lane collector and extended from County Line
Road westward to SR 39. Midway Road is planned as a main thoroughfare in the
Plant City NE Master Plan area. |
| Access: |
The property is accessable from Charlie Taylor or Midway Roads. Charlie Taylor
Road is a Hillsborough County designated truck route that connects under I-4 to
South Frontage Road and US92 to the south and to Knights Griffin Road to the north. Access to Charlie Taylor Road from I-4 is via South Frontage
Road connecting to the County Line Road exit one mile east or the Park Road exit two miles west. |
| Size: |
The property is 47.5 acres with no wetlands (100% of the site is upland). Located at
the top of a ridge, the entire site is designated Flood Zone X (lowest flood potential
rating) with no floodplain encroachment or flood hazard potential. |
| Zoning & Use: |
The Comprehensive Land Use Plan for the site is currently under review to be
amended to allow two possible uses: 100% Business / employment center; or a Town
Center District with up to 65% business/commercial use and 35% multi-family
residential use. The City of Plant City and Hillsborough Planning Commission both
support the Comp Plan Amendment and approval is expected by Fall 2010. The
proposed PD zoning is suitable for most commercial use including “big box” retail, or
large scale shopping center development, office park development, medical park, or
hospital development, or a mix of uses. |
| Folio #: |
089735-0100 |
| Utilities: |
Property will be served by Plant City Water and Sewer (to be installed). |
| Permits: |
The seller has a SWFWMD permit for residential uses for this property. This permit
can be modified to the proposed commercial/business uses. |
| Due Diligence: |
Seller has survey, phase 1, No Wetland Letter from EPC, soil borings, etc. available
for review. |
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