Fruitville Initiative
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30789876 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail
|
| Status: |
Pending |
| Gross Land Area: |
0.71 Acres
|
| Sale Price: |
$710,000 |
| Unit Price: |
$1,000,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/5/2023 |
Overview / Comments
|
The Fruitville Initiative, is a county-initiated, 420+ Acre, planning effort. Plan policies outline a walk-able, traditional town center, mixed use developments including Industrial, Office, Public and Civic, Commercial, and Residential uses. Inter-connectivity to utilities is already in the works. Located off I-75 and Fruitville Road, you will not find better daily traffic counts in the area. (134,000 on I-75 and 54,000 on Fruitville Rd) Leverage your position with these parcels in the middle of 20 acres primed for development. The property is located between Fruitville Commons, including Cooper’s Hawk Winery, The Lock Up, Dunkin Donuts, Citria Apartments…. And “Bay Landing” a single family community. Lakewood Ranch Blvd is the new gateway to Lakewood Ranch. Strong demographics in a 5-mile trade area including Lakewood Ranch, Dr's or Sarasota Hospitals and more. Multi-use: Commercial, Apartment Residential, Assisted Living.....
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
0214140007 |
| Property Located Between: |
Fruitville Road, I-75 and Lakewood Ranch Blvd |
| Property Visibility: |
Excellent |
| Legal Description: |
BEG AT SW COR OF SEC 18-36-19 TH W 89-10 E ALONG S LINE OF SAID SEC 18 A DISTANCE OF 1238.69 FT TH N 0-43 E 420.71 FT FOR POB TH CONT N 0-43 E 210.74 FT TO S SIDE OF RICHARDSON RD TH S 89-17 E |
| Largest Nearby Street: |
Fruitville Road |
| Feet of Frontage: |
147 |
| Site Description: |
Currently there is a single family home on the property and will need to be
re-zoned. |
| Area Description: |
Mixed commercial, multi-family and residential |
| Lot Frontage: |
147' |
| Lot Depth: |
147' |
| Zoning Description: |
PED Planned Economic Development |
| Development Name: |
Fruitville Initiative |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,280 |
48,640 |
147,840 |
| Median Age: |
42.47 |
47.53 |
48.27 |
| Households: |
4,052 |
21,438 |
66,229 |
|
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