Hillsborough school board awarded land on Country Road 672

BUYER: The School Board of Hillsborough County
SELLER: 672-Mirabella LLC
PROPERTY: 10626, 10635 and 10609 County Road 672, Riverview
PRICE: $5.02 million
PREVIOUS PRICE: $3.5 million, May 2005; $700,000, July 2006; and $550,000, July 2013
LAW FIRM ON DEED: Robert L. Barnes Jr. PL, Tampa

PLANS, DESCRIPTION: The School Board of Hillsborough County has received ownership of 34 acres of residential and wooded land east of U.S. 301.

The property was transferred in exchange for $5.02 million in impact-fee credits, equal to $147,777 per acre.