4.5 Acre Development Opportunity

Located on E Lumsden Road in the thriving Brandon/Valrico market, this 4.5-acre property presents a rare investment and development opportunity. Currently zoned ASC-1 (allowing for 1 unit per acre), the site has a future land use designation of RES-4, permitting up to 4 units per acre or potential neighborhood commercial, office, or multipurpose development. Public utilities run along the frontage of this site, including a 12-inch watermain and 4-inch force main. There is a 4,020 SF single family home which currently generates rental income, offering a cash flow option for investors considering holding the property. Situated just off the intersection of E Lumsden Road and S Mulrennan Road, the property provides quick access to State Road 60, connecting to Brandons retail, dining, and commercial hubs. This site provides a multitude of options, whether you are looking for immediate development potential or strategic investment in one of Tampas hottest submarkets. Property Highlights: Income Producing Public Utilities at Site RES-4 Land Use Property Details: Property Type: Commercial Land County: Hillsborough Property Address: 4207 E Lumsden Road, Valrico, FL 33594 Size: 4.5 Acres Sale Price: $1,100,000 Zoning: ASC-1 Future Land Use: R-4 STR: 32-29-21 Road Frontage: 200 feet on E Lumsden Road Property Taxes: $8,470.63 (2024) Utilities: 12-inch Watermain and 4-inch Forcemain Site Improvements: 4,020 SF Single Family Home (1979)