Catylist ID:
#30829676
| Catylist Listing ID: | 30829676 |
| Property Subtypes: | Hospitality, Office, Retail, Retail-Pad, Other |
| Gross Land Area: | 239,108 SF |
| Sale Price: | See Agent |
| Sale Terms: | Undisclosed, Cash to Seller, Build-to-Suit |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/15/2023 |
Overview / Comments
|
Fantastic development opportunity located with frontage on the Gulf and US-41. Retail, Commercial, and Hotel development site located in rapidly growing Osprey/Sarasota. The site is nestled between Us-41 and the Gulf. The subject site has approximately 5.498 acres of land. The development features a mixed-use plan with a Gulf front hotel consisting of a 4 story, 100,000 sf, 120-room plan, a commercial site with a proposed 12,000 sf office building, and a retail site with a 2-story, 24,000 sf building with drive-thru opportunity. US-41/S. Tamiami Trail is a major North/South connector making this a heavily trafficked area, giving this property excellent visibility on US-41. The site is within close proximity to Sarasota, downtown Venice, and a short drive to I-75. The current zoning allows for hotel, commercial and retail, making this a prime property for redevelopment. The area benefits from a centralized, strategic location within Florida between two of the state’s largest business centers, Miami and Tampa. The region’s burgeoning tourism and healthcare industries are fueled by a rising tech manufacturing and entrepreneurship scene. I-75 provides ease of access from Osprey/Sarasota to the major Florida employment centers of Tampa and Miami, as well as to the Midwestern United States. Located just 25 minutes to the north, Sarasota-Bradenton International Airport handles nearly 1.26 million passengers annually and serves as a connecting hub for US Airways, American Airways, Delta, JetBlue, United, and Air Canada. In addition, Tampa International Airport, the 31st busiest in the nation, lies about one hour to the north. |
Attachments & Media
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Sarasota |
| Taxing Authority: | Sarasota County |
| Tax ID/APN: | 0147030024 |
| Zoning: | CM - COMMERCIAL, MARINE |
| Property Located Between: | US-41 & E. Bay St. |
| Property Visibility: | Excellent |
| Largest Nearby Street: | US-41 |
| Highway Access: | I-75 & US-41 |
| Airports: | SRQ, Tampa International, Venice Regional |
| Zoning Description: | CM - COMMERCIAL, MARINE |
| Topography: | Level |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,372 | 24,505 | 58,225 |
| Median Age: | 56.91 | 59.67 | 58.95 |
| Households: | 2,464 | 12,354 | 29,787 |
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