18241 SPANGLER AVENUE

THIS TRACT IS A GREAT LOCATION FOR A MULTI-FAMILY, SINGLE-FAMILY, OR EVEN A MOBILE HOME OR SEASONAL RV PARK DEVELOPMENT. WITH HERNANDO OAKS JUST MINUTES AWAY, ALEXANDER HOMES UNDER WAY, AND IMPERIAL ESTATES AROUND THE CORNER, THIS IS A PRIME LOCATION FOR ANY DEVELOPER. OUT OF THE 52.3 ACRES, 42 ACRES WOULD BE USED FOR THE DEVELOPMENT. THE REST WOULD BE USED FOR THE INFRASTRUCTURE ROADS. THE COUNTY HAS STATED THAT TO OBTAIN MORE COMMERCIAL USAGE, REZONING WOULD BE REQUIRED. FOR SEASONAL RV PARK, REZONING TO PDP (RECREATIONAL) WOULD BE REQUIRED AND FOR MORE PERMANENT RESIDENCES, PDP (SINGLE FAMILY, ETC) WOULD BE REQUIRED. THIS TRACT SITS ON HWY 41, JUST SOUTH OF POWELL RD, ON THE LEFT HAND SIDE AND BENEFITS THE USE OF A MAJOR TRAFFIC LIGHT AT POWELL RD. THERE ARE 4 PONDS, AND 4 SEPARATE ACCESS POINTS. THE ACCESS ENTRIES ARE: HWY 41 (280' ROAD FRONTAGE) POWELL RD (160' ROAD FRONTAGE) SPANGLER AVE (240' ROAD FRONTAGE) NIGHT WATCHMAN THERE IS AN OLD SERVICE POLE, USED TO RUN A 12" WELL, PUMPING 1000 GAL PER MINUTE. COUNTY PERMIT ACTIVE. THE PROPERTY IS FENCED WITH 6,050' LINEAR FEET OF BARBED WIRE FENCING. BELOW IS A BREAKDOWN OF THE LAND USE BY ACREAGE: .83 COMMERCIAL (OFF HWY 41) 4.80 NATIVE PASTURE 41.30 IMPROVED PASTURE 2.60 ORNAMENTAL 7.20 NON PRODUCTIVE (PONDS) THIS PROPERTY FRONTS A MAJOR HWY, WITH GOOD TRAFFIC FLOW. THIS AREA IS RAPIDLY GROWING AND CHANGING EVERY DAY AND CAN READILY SUPPORT MOST ANYTHING. WELCOME ALL INVESTORS TO BE A PART OF EXPANDING OUR HERNANDO COUNTY. (TRAFFIC COUNT ON HWY 41 IS 22,000 PER DAY AND 1,400 ON POWELL RD. PER DAY (BASED ON FDOT)