Development Opportunity with over 1,500 Feet Fronting US 301 N

Vacant Land for Sale
Catylist Listing ID: 30776342
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 10.80 Acres
Sale Price: $3,800,000
Unit Price: $351,851 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Developers open canvas with 10.8 acres directly on US 301 N just west of Fort Hammer Road in Parrish. This unobstructed acreage is a cleared palette for many different types of potential developments. Current zoning is RSF-1 with a future land use of UF-3. Land in this area is extremely difficult to find due to the amount of current commercial infrastructure being developed along with the high number of residential and multifamily developments under construction and in the planning and development stage with the county. Preliminary plans have already been discussed with the county about a higher density mixed use development placed on this site. Property has over 1,500 feet fronting US 301 N and a main side street (Red Rooster Road) on the east end of the property. which allows for two separate entry points.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 487510752
Property Visibility: Excellent
Feet of Frontage: 1,530
Lot Frontage: 1539
Zoning Description: RSF-1, UF-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,927 14,787 46,404
Median Age: 39.28 43.4 44.45
Households: 1,469 5,713 18,603

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