CORNER LOTS ON SR 70 with Great Visibility

Vacant Land for Sale
Catylist Listing ID: 30785951
Property Subtypes: Industrial, Office, Retail
Gross Land Area: 1.26 Acres
Sale Price: $1,450,000
Unit Price: $1,150,793 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/13/2022

Overview / Comments

Two lots on the corner of SR 70 and 44th Street East. High traffic counts (41,000- 45,000 cars per day) and a great development opportunity. Approximately 1.26 acres of level ground with a 2,500 sf shop on the property along with fenced outside storage. Nice in fill development piece. PD-C zone allows for many uses including but not limited to fast food restaurant,retail,offices,service centers,vehicle sales,car wash,self storage,alcohol sales, medical marijuana treatment/dispensing etc. Great zoning. All storage tenants are month to month.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee
Tax ID/APN: 1702200005
Zoning: PD-C
Property Located Between: 42nd Street East and 45th Street East
Property Visibility: Excellent
Legal Description: Lots 1,2 and 3 Gap Creek
Largest Nearby Street: 45th Street East
Feet of Frontage: 100
Traffic/Vehicle Count: 41,000
Highway Access: From 44th Street East onto SR 70
Airports: Sarasota Bradenton International Airport
Site Description: Open and level
Area Description: Commercial area with restaurants,retail sales,service stations,vehicle sales,car washes,grocery stores etc surrounding.
Lot Frontage: 100
Lot Depth: 307
Zoning Description: PDC districts shall hereafter be established in accordance with the general procedures, requirements, standards and criteria set forth in this section and Chapter 3. It is the intent of these regulations to provide for development of commercial centers in scale with surrounding market areas, at appropriate locations, in conformance with the goals, objectives, policies and locational criteria of the Comprehensive Plan and in compliance with standards set forth herein. It is further the intent to permit the establishment of such districts only where planned development with carefully located buildings, parking and service areas, and landscaped open space will provide for internal convenience and ease of use and is compatible with adjacent and surrounding land uses. It is further intended that PDC districts shall provide a broad range of commercial facilities and services appropriate to the general need of the area served. PDC districts shall be consistent with Comprehensive Plan requirements regarding permissible uses, maximum floor area ratio, maximum project size, intensity, locational requirements and other applicable standards. All RV Parks in the PDC District shall meet the standards and limitations of Section 531.42, RV Parks and Subdivisions. Additionally, PDC districts shall be located where they will facilitate ease and convenience of use; where negative impacts on the surrounding transportation systems, public services and surrounding land uses; where the use is compatible with surrounding land uses will be minimized; where the development will not encourage the expansion of office or commercial strip development along adjacent streets; and where the intensity of the project is consistent with the use that it provides.
Development Name: Gap Creek
Topography: Level
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,585 56,002 169,251
Median Age: 55.01 43.53 43.65
Households: 2,534 21,907 71,062

Contact

Photograph of Listing Agent

Michael S Gallatin

SARABAY REAL ESTATE INC MFCRE Member
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