Catylist ID:
#30663138
| Catylist Listing ID: | 30663138 |
| Property Subtypes: | Office, Retail, Other |
| Gross Land Area: | 2.73 Acres |
| Sale Price: | $409,500 |
| Unit Price: | $150,000 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/14/2022 |
Overview / Comments
|
This fantastic location for a retail of office development is features direct US-19 frontage at the US-19 and US 41 southbound merger, capturing 28,000 cars per day. In addition, site features an income-producing billboard on the edge of the property line that generates $3,200 per year in rent on a long term lease. Thereby covering the cost of annual property taxes. A terrific opportunity for development in a high visibility - high traffic location! - Direct US 19 frontage - Located at US 19 / US 41 merger - Income Producing Billboard - 28,000 daily combined traffic count - Blank slate ready for development! |
Financials
| Finance Data Year | 2019 |
|---|---|
| Assessed Value - Total($) | $262,013 (Annual) |
| Real Estate Taxes - Annual($) | $3,185 (Annual) |
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Manatee |
| Taxing Authority: | Manatee |
| Tax ID/APN: | 2380700001 |
| Zoning: | NC-M (NEIGHBORHOOD COMMERCIAL - MEDIUM) |
| Property Located Between: | US-41 & 3rd Ave W |
| Property Visibility: | Excellent |
| Legal Description: | BEG AT SW COR OF E1/2 OF SE1/4 OF NE1/4 SEC 2, TH N 132 YDS, TH E 220C YDS, S 132 YDS W 220 YDS & LESS STRIP OF LAND OFF E SIDE 69.76 FT WD AT S END & 70.66 FT WD AT N END CONT .64 AC TO STATE FOR H/W R/W; ALSO BEG AT THE SE COR OF LOT 946, PALMETT POINT SUB, PB 8 PG 145,146, & 147, TH S 88 DEG 40 MIN 24 SEC E, 182.29 FT; TH S 1.81 FT TO THE NE COR OF LAND DESC AS PARCEL II IN OR 611 PG 869; TH IN A WLY DIRECTION ALONG THE NORTHERN BDRY OF SD PARCEL II TO THE NW COR THEREOF; TH N 15.67 FT TO THE SLY LN OF LOT 970, PALMETT POINT SUB, IF EXTENDED, TH S 88 DEG 40 MIN 24 SEC E TO THE POB; LESS THAT PART INCLUDED IN OR 1111 P 2150 PI#23807.0000/1 |
| Largest Nearby Street: | US-41 |
| Feet of Frontage: | 250 |
| Traffic/Vehicle Count: | 28,000 |
| Highway Access: | US-41 to I-275 |
| Airports: | Tampa International, St. Pete / Clearwater |
| Area Description: | Located on the west side of US 19 Southbound, coming off of I-275 and the Skyway Bridge heading into Palmetto and Bradenton. Also located at the merge of US 41 and US 19 |
| Lot Frontage: | 250 |
| Lot Depth: | 307 |
| Zoning Description: | Neighborhood Commercial - Medium |
| Available Utilities: | Electric, Water, Sewer, Cable |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,066 | 35,097 | 106,673 |
| Median Age: | 40.54 | 43.78 | 43.55 |
| Households: | 1,196 | 13,396 | 42,781 |
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