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.....

Attachments & Media

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

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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


Photograph of Listing Agent

Patrick S Turner

White Sands Realty Group FL
MFCRE Member
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