Prime US-41 Development Opportunity +/- 5.48 acres
Vacant Land
for Sale
| Catylist Listing ID: |
30636861 |
| Property Subtypes: |
Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
5.48 Acres
|
| Sale Price: |
$4,400,000 |
| Unit Price: |
$802,919 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/4/2021 |
Overview / Comments
+/- 5.48-acre parcel zoned industrial located on US 41 (Tamiami Trail) Bypass, with approximately 730 feet of frontage, in Venice, FL. The property currently has a +/- 6,068 SF building, a +/- 3,104 SF building, a +/- 864 SF building, and a +/- 325 SF building when demolished for a new complex there could be Impact Fee credits applicable to the Developer.
The property is located on Tamiami Trail with a traffic count 0f 38,000 the intersection is Tamiami Trail( US 41 Venice By-Pass) and Center Road a signalized corner. This property has a median cut on the south end being used for Wallgreens and the property also there is another median cut on the North end of the property at James st
*NDA REQUIRED FOR OFFERING MEMORANDUM*
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Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
0428100002 |
| Zoning: |
I |
| Property Located Between: |
Center Rd and James St off US 41 ByPass |
| Property Visibility: |
Excellent |
| Legal Description: |
COM AT SE COR OF SEC 17-39-19 TH N-88-46-50-W 2497.08 FT TH N-05- 09-40-E 262.46 FT TH NLY ALG CURVE TO LEFT 158.25 FT FOR POB TH N-88-46-50-W 384.03 FT TH NWLY NLY & NELY ALG CURVE TO RIGHT 928.34 FT TO WLY R/W OF US HWY 41 VENICE BY-PASS TH SELY ALG CURVE TO RIGHT 943.95 FT TO POB LESS TRACT IN SE COR THEREOF DESC AS COM AT SE COR OF SEC 17- 39-19 TH N-89-47-08-W 2497.53 FT TH N-04-09-05-E 265.29 FT TH NLY ALG CURVE TO LEFT 155.43 FT FOR POB TH N-89-47-08-W 164 FT TH N- 00-12-52-E 173.31 FT TH N-89-35- 10-E 107.3 FT TH SELY ALG CURVE TO RIGHT 38.61 FT TH S-29-12-33- E 30.78 FT TH SLY ALG CURVE TO RIGHT 134.03 FT TO POB, LESS US 41 R/W AS DESC IN ORI 2016112190 |
| Largest Nearby Street: |
S. Tamiami Trail |
| Feet of Frontage: |
730 |
| Traffic/Vehicle Count: |
38,000 |
| Highway Access: |
two median cuts off of Tamiami Trail AKA Us 41 |
| Airports: |
Sarasota-Bradenton International Airport = Approximately 24 miles |
| Area Description: |
In the heart of major restaurants and retailers such as Bonefish Grill, Carrabba's, Checkers, Dollar Tree, Dunkin' Donuts, First Watch, LA Fitness, McDonald's, Office Depot, Perkins, Petco, Starbucks, Stein Mart, Subway, Walgreens, and more! |
| Lot Frontage: |
725 |
| Zoning Description: |
The ILW District provides for industrial, light manufacturing, processing, storage and warehousing, wholesaling, and distribution uses. The ILW District is not generally commercial in nature or character. Only certain commercial and service uses relating to the character of the district and supporting its activities and employees are permitted. Certain commercial relating to automotive and heavy equipment sales and repair are allowed. Heavy industry is allowed by special exception.
The ILW District is generally used to implement the Comprehensive Plan within those areas of the County shown as Major Employment Center (MEC) and Major Employment Center/Interstate Regional Office Park (MEC/IROP) on the Future Land Use Map. |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,130 |
46,052 |
69,873 |
| Median Age: |
64.13 |
60.46 |
60.42 |
| Households: |
3,908 |
23,934 |
35,657 |
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