Kenneth L. Stiles Buys 24.45 Acres For Retail Development In Wesley Chapel For $12.5M

24.45 acres of development site located at the southwest corner of State Road 56 and Morris Bridge Road in Wesley Chapel, Florida, was acquired for $12,500,000. The property is situated within one of Pasco County’s fastest-growing corridors, intended for a retail project within the River Landing master-planned community.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $12,500,000
• Address: Southwest corner of State Road 56 & Morris Bridge Road
• Market: Wesley Chapel
• Acres: 24.45
• Buyer: Kenneth L. Stiles - Stiles
• Broker: Nancy Surak - Land Advisors Organization

Nancy Surak of Land Advisors Organization represented the property for this transaction. The site is meant for developing a retail project within the expansive River Landing master-planned community.