25 Acres at a busy I 75 Interchange

Vacant Land for Sale
Catylist Listing ID: 30021066
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 25 - 60 Acres
Sale Price: $6,500,000 - 16,000,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/24/2017

Overview / Comments

One of two parcels at the I 75 Sumter Rd. cloverleaf.
With a combined 2600 feet of frontage on I 75, located at the interchange on both sides, over 55,000 CPD annually and 75,000 in season, and a very affluent population base, this is one of the best development opportunities in SW Florida.
The major population centers of Sarasota, North Port & Charlotte County have solid growth rates, excellent average and mean income data, and high disposable incomes. Yet there is not an outlet center within 40 Miles of this location, not a Costco or Sam's Club on or near I 75 from Bradenton to Fort Myers. The nearest Whole Foods is in downtown Sarasota.
The area is lacking in quality hotels and family entertainment.
The time is right and there is no better piece of property to do it on than these two.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0955090001
Zoning: PCDN
Property Located Between: Sarasota and North Port
Property Visibility: Excellent
Legal Description: Tract D 29th add to Port Charlotte Less I-75 R/W In OR 1114/1543 Containing 24.8 C-AC M/L
Largest Nearby Street: Sumter Blvd
Feet of Frontage: 1,080
Traffic/Vehicle Count: 55,000
Highway Access: I-75 Interchange at site
Airports: Sarasota Bradenton Airport and Punta Gorda Port Charlotte Airport
Site Description: 12 miles from the closest services North Bound, 2.5 Miles west to services at Price Blvd. & then 2.5 Miles back to I-75, 12 miles south to the closest services at Kings highway. Not a Gas Station or C store anywhere in site. These lots are flat, dry, and zoned to provide for almost any reasonable use, Their combines frontage on I-75 is over 2000 feet and they are highly visable and easily accessible from either side.
Area Description: North Port is one of the fastest growing communities in SW Florida. Sarasota is affluent and a has a solid population base with incomes well above averages. Port Charlotte and Punta Gorda are experiencing exceptional population and demographic quality growth. The time is now and the place is here.
Lot Frontage: 1000
Lot Depth: 1089
Zoning Description: PCDN The PCD district is designed to include residential, commercial and/or office zoning districts as appropriate to provide flexibility in the application of development standards and site design when approved according to a master development plan in a manner to promote the conservation of natural environment
Development Name: Your Name Here
Topography: Level
Easements: Utilities
Easements Description: Unknown
Water Service: None
Sewer Type: None

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,051 17,443 48,914
Median Age: 38.55 39.85 45.15
Households: 1,084 6,550 20,101
© Copyright My Florida Commercial Real Estate. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.