Opportunity Zone Land off US-301

Vacant Land for Sale
Catylist Listing ID: 30557083
Property Subtypes: Industrial, Retail, Other
Gross Land Area: 182,006 SF
Sale Price: $3,750,000
Unit Price: $20.60 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Large 4 Acre Plus Property Located in Opportunity Zone!! Located in the Downtown Edge area near Gillespie and Rosemary. Commercial Intensive zoned property allows for multiple uses. Office, retail, outside storage, mixed use, etc. The property is located west of desirable US-301. Close proximity to downtown Sarasota, Fruitville Rd., and University Parkway. Potential re-zone for multi-family.. Proposed plan for self storage/business park for small flex spaces. High demand for this kind of space in the area. Ideal property and development for Opportunity Zone.

Fantastic property for multi-family, self storage, flex, RV storage, multi-story building. Access to Gillespie Park.

Tax records say lower square footage than what is available. Contact agent.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Public Records
Tax ID/APN: 2025160020
Zoning: INTENSIVE COMMERCIAL DISTRICT
Property Located Between: Us-301 & 10th St.
Legal Description: BEG AT SW COR OF SE 1/4 OF SE 1/4 OF SEC 18-36-18 TH N 210 FT TH E 271 FT TH S 210 FT TH W 271 FT TO POB & TRACT OF LAND DESC AS COM AT SE COR OF SEC 18-36-18, TH N-89-51-24-W 282.47 FT TH N-0-14-30-E 174.81 FT FOR POB TH CONT N-0-14-30-E 34.01 FT TH N-89-53-23-W 766 FT TH S-0-42-30-E 153.86 FT TH S-89-52-40-E 573.45 FT TH N-0-14-30-E 97 FT TH S-89-52-40-E 18 FT TH N-00-14-30-E 23 FT TH S-89-52-40-E 163.62 FT TO POB, LESS RR R/W, OR 1906/0924
Largest Nearby Street: US-301
Lot Frontage: 34'
Lot Depth: 1049'
Zoning Description: Intensive Commercial District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,774 81,992 168,381
Median Age: 40.22 45.22 48
Households: 8,013 36,395 76,850

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