Town Center at University Groves

Vacant Land for Sale
Catylist Listing ID: 30044076
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 1 - 16 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 1/2/2019

Overview / Comments

The Town Center at University Groves is an approved site with entitlements in place for up to 200,000 square feet of retail commercial use. Property can be sold in its entirety "as-is" or parceled out separately to accommodate specific size requirements. The land will be delivered pad ready with utilities stubbed to the site. This includes all surface water retention, roads, main monument signage fronting University Pkwy and a new traffic light scheduled for completion in the fall of 2017. Five (5) full access points from the front, side and rear roadways surrounding the subject. The property is situated in front of DR Horton's recently completed Soleil development which consists of 330 new homes and town homes as well as the recently completed 180 unit Point at Bella Grove Apartments. Another 400+ residential units border the to the north and east with a campus style medical office complex along the west at Shade Avenue.

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 2040500229
Area Description: University Pkwy is the dividing artery between Sarasota and Manatee Counties. University Groves is strategically located between I-75 and Sarasota Bradenton International Airport. Rapidly growing area surrounded by residential, office and retail development.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,786 68,261 187,880
Median Age: 54.99 44.97 46.55
Households: 1,778 29,254 83,464


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