11111 BURRELL ROAD
About This Property
Nestled in the serene and upscale community of Odessa, this expansive 120 mol-acre parcel at 11111 Burrell Road offers a rare opportunity for agricultural development or a private estate. Situated within the Keystone Park Colony subdivision, the property is zoned for agricultural use, making it ideal for farming, equestrian activities, or other agricultural pursuits. The land is currently designated as pasture, providing a blank canvas for your vision.
Located in Hillsborough County, the property benefits from its proximity to Tampa-St. Petersburg-Clearwater metropolitan area, offering both tranquility and accessibility near Suncoast Parkway, McMullen Booth/ Eastlake Rd, Gunn Hwy and SR 54. The area is known for its natural beauty, with nearby lakes and conservation areas enhancing the rural charm. Additionally, the property falls within the attendance zones of highly rated schools, including Hammond Elementary, Martinez Middle, and Steinbrenner High School, all boasting ratings of 8 or higher.
This substantial tract of land presents a unique investment opportunity in one of Florida's most desirable regions. Whether you're looking to establish a working farm, create a private retreat, or explore other agricultural ventures, 11111 Burrell Road offers the space and setting to bring your plans to fruition.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by COLDWELL BANKER REALTY | $5,500,000 | |
| Listed by COLDWELL BANKER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017