9.62 Acres Murdock Circle Area with exceptional Access

Vacant Land for Sale
Catylist Listing ID: 29922714
Property Subtypes: Industrial, Mobile Home Park, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 9.62 Acres
Sale Price: $3,850,000
Unit Price: $400,207 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/8/2017

Overview / Comments

9.62 Acres less than a mile from Murdock Circle. This property fronts on both Veterans Boulevard and Peachland Boulevard. It has two existing curb cuts on each main street providing access and egress for both directions of travel. The property has city water and sewer, power, is cleared to the dirt, and is currently generating income from month to month land use tenants. Approved plans exist for a multiple warehouse complex, but the potential for this property is only limited by your imagination. It is in close proximity to shopping, entertainment, multi family housing, and has quick access to Highway 75. If that is not enough, it has been appraised at $4.6 million dollars.
Do not miss out on this exceptional opportunity.

Financials

Finance Data Year 2015
Assessed Value - Total($) $1,001,084 (Annual)
Real Estate Taxes - Annual($) $22,435 (Annual)

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 402205477002
Zoning: IG
Property Located Between: Veterans Boulevard & Peachland Boulevard off Cochran Boulevard
Property Visibility: Excellent
Legal Description: 05 40 22 P-1 9.62 AC. M/L COMM AT SE COR OF SEC 5 TH W 575 FT TO W R/W LINE OF LION HEART W/W N 50 FT FOR POB TH W & SW/LY ALG N R/W OF PEACHLAND BLVD 365 FT NW 537.53 FT TO S R/W LINE OF R/R NE ALG R/R R/W 800 FT TO W R/W LINE OF LION HEART WTWY TH SW/LY & SE/LY APPROX 820 FT TO POB E644/124 DE1473/2133 E1473/2134 1501/2023 E1501/2040 RES1768/532 2219/576 E4032/976 Short Legal ZZZ054022P1
Largest Nearby Street: U.S.41 (Tamiami Trail)
Feet of Frontage: 862
Traffic/Vehicle Count: 43,500
Highway Access: 4.5 miles to U.S. 75
Airports: Punta Gorda Port Charlotte Airport
Site Description: 419,047 sq. feet of prime property ready to build on. 873 feet of frontage on Veterans & 465 feet on Peachland, four curb cuts, all city utilities and services in place and priced at $9.18 a foot make this the best opportunity you will see this year.
Area Description: This site is one half miles from Home Depot, three quarters of a mile from Publix Plaza, & less than one mile from U.S. 41 and Cochran interchange. The site is zoned IG and has traditionally been used for industrial, but the changing dynamics of the area make it suitable for almost any purpose and provide a bargain price with enviable upside potential to the savvy investor.
Lot Frontage: 862
Lot Depth: 659
Zoning Description: Industrial General
Topography: Level
Easements: Electric Lines, Water Rights, Utilities
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,803 47,761 98,069
Median Age: 56.2 45.65 46.48
Households: 1,929 20,268 40,967
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