Property Description

Auction Property. Incredible 9.03 acre (MOL) Pasco County Development Opportunity. Raw vacant land zoned MPUD (Master Planned Unit Development) in the burgeoning Starkey-area suburban corridor on the northern boundary of the greater Tampa Bay region. Best utilized as an institutional-grade commercial and/or high-density residential development site. Boasting 653 feet of frontage on Black Lake Road, this high-visibility vacant lot provides near-immediate access to the highly trafficked State Road 54 corridor (49,000 AADT per FDOT) and sits just over two miles from FL-589 (Suncoast Parkway/Veterans Expressway), and just over 20 minutes to Tampa International Airport. Future Land Use indicates approximately 3 acres designated as RES-6 and 6 acres designated ROR (Retail, Office, Residential), providing excellent flexibility for mixed-use, retail, office, or clustered residential development. Pasco County FLUM shows primarily Upland Areas as ROR. The site features an estimated 1 to 3 buildable upland acres, with approximately 6 acres contiguous wetlands (FLUCCS 6150) potentially offering valuable environmental offsets. Part of the Ashley Lakes MPUD, this parcel is positioned favorably near the premier Asturia master-planned community, and just minutes from Starkey Ranch and Bexley; heavy surrounding infrastructure anchors include Starkey Ranch Town Square (Publix), Shoppes at Trinity Lakes, and TGH Urgent Care. CRITICAL TRADE AREA METRICS: Local Odessa trade area features affluent median household income of $117,806, with 49.1 percent of area adults holding a bachelors degree or higher, creating exceptional local discretionary purchasing power. PROPERTY VALUE AND HOUSING FOOTPRINT: Immediate submarket median home values stand at $497,100, driven by high regional housing demand and continuous luxury neighborhood expansions. REGIONAL POPULATION AND SYSTEMIC GROWTH: Pasco County ranks as one of the fastest-growing regions in the state, expanding 36.3 percent over the last decade with an estimated 2026 county population of 692,842 and a robust annual growth rate averaging between 2.7 and 3.6 percent. SUBMARKET DENSITY AND TRAFFIC: The localized population density registers at an established 1,506 people per square mile.Sold As-Is, no financing contingency or feasibility/inspection contingencies. While information deemed reliable, buyers should independently verify all zoning, buildability, and permitting with Pasco County prior to bidding.*List Price is Recommended Opening Bid* Buyers Premium greater of 3% or $20k. BIDS OPEN 08/13/2026 and **FINAL BIDS DUE 08/25/2026**. For full auction terms, REGISTER TO BID HERE: https://www.loopnet.com/Listing/14356-Black-Lake-Rd-Odessa-FL/40263333/

Property Features