Price Reduction - Development Site - 3.76 Acres Zoned OPI

Vacant Land for Sale
Catylist Listing ID: 30832342
Property Subtypes: Multi-Family, Office
Gross Land Area: 163,800 SF
Sale Price: $3,500,000
Unit Price: $21.37 PSF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Development Site located on South Tamiami Trail in Nokomis just north of the 681 Bypass. Almost 4 Acres of cleared land with 600' of linear frontage on the Trail and ready for development. The 3.76 Acre site is surrounded by residential subdivisions as well as many professional/medical offices and many commercial retail businesses.
Current zoning is OPI and Future land use may allow for residential multifamily use. OPI zoning has many commercial uses in addition to office and professional uses including senior living facilities, self service storage facilities, places of worship, schools, group living homes, animal hospitals and veterinary clinics and many others.
Land has been cleared for future development. Lot 7 is not included in sale, see survey. Owner Financing Available.
Direct Frontage with High Visibility - 600 Linear Feet
High Traffic Count - 37,000 Cars per Day
Cleared Development Lot
Excellent Ingress and Egress

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0160100046
Zoning: OPI
Property Visibility: Excellent
Largest Nearby Street: Tamiami Trail
Feet of Frontage: 600
Traffic/Vehicle Count: 37,000
Airports: Sarasota Bradenton Airport
Lot Frontage: 600
Lot Depth: 273
Zoning Description: Office Professional Institutional
Available Utilities: Electric, Water, Sewer
Water Service: Well

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,754 20,655 53,482
Median Age: 56.56 58.25 61.83
Households: 2,286 10,020 27,741


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