Vacant Industrial Land Along University Pkwy for Development

Vacant Land for Sale
Catylist Listing ID: 30517997
Property Subtypes: Industrial
Gross Land Area: 2.98 Acres
Sale Price: $1,600,000
Unit Price: $536,912 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/29/2020

Overview / Comments

This parcel fronts the north side of University Pkwy at the corner of Louisiana St. It is a Manatee County zoned parcel with a Sarasota address. The parcel is equidistant from both US 301 to the West and the new University Grove mixed-use project to the East.

Offered at $1,600,000, this is a highly visible industrial zoned vacant parcel located on the heavily traveled University Pkwy. The Light Manufacturing (LM) zoning is unique to only a handful of parcels that face this well-known street giving buyers an opportunity to develop warehouse product. University Pkwy has an AADT of 42,000 and the parcel is a straight shot to I-75.
Video Tour: http://tours.srq360media.com/8404louisianast

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2036700009
Zoning: LM
Site Description: This parcel fronts the north side of University Pkwy at the corner of Louisiana St. It is a Manatee County zoned parcel with a Sarasota address. The parcel is equidistant from both US 301 to the West and the new University Grove mixed-use project to the East.
Lot Frontage: 200

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,569 71,723 184,720
Median Age: 59.23 44.34 46.71
Households: 793 30,549 82,611
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