Potential ALF/Office Development Site

Vacant Land for Sale
Catylist Listing ID: 30791505
Gross Land Area: 104,544 SF
Sale Price: $2,350,000
Unit Price: $22.48 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/9/2023

Overview / Comments

Ian Black Real Estate is pleased to present the opportunity to purchase an infill suburban development site suitable for an ALF or office project. The existing PUD allows for uptown 110 ALF units in an uptown 9 story building. Conceptual plans are also available for a single story office development of 19,168 SF. The property enjoys an excellent location positioned between the vibrant retail activity on Venice Ave E and the new Sarasota Memorial Hospital campus as well as the major residential/commercial developments on Laurel Rd.

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Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0409080042
Zoning: PLANNED UNIT DEVELOPMENT (PUD)
Property Located Between: 1 minute north of E Venice Ave and Pinebrook Rd.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,783 46,461 73,251
Median Age: 66.82 62.43 60.39
Households: 4,659 24,438 37,215
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