Multi Family or OPI Possibility

Vacant Land for Sale
Catylist Listing ID: 30337936
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 74,197 SF
Sale Price: $550,000
Unit Price: $7.41 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2019

Overview / Comments

Water/Sewer Available! Remarkable opportunity for the right investor or small builder in the fast growing corridor. Already divided into 10 lots to be developed with possible rezoning for commercial strip center. Great appeal with Sarasota Memorial, Dollar General and McDonalds' new locations at a very competitive price, these lots will be a great addition to your portfolio. Easy access from and to US 41 and I-75.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0380020001
Zoning: RSF3
Property Located Between: US-41 and I-75 directly on Laurel Rd
Property Visibility: Excellent
Legal Description: LOTS 1 2 3 4 5 6 7 8 9 & 10 BLK C LESS R/W FOR LAUREL RD DESC IN OR 2063-699 MOUNT PLEASANT ORI 2005072684
Largest Nearby Street: US41
Feet of Frontage: 496
Airports: SRQ
Site Description: 74,197 Sq.Ft. total with 10 lots measuring 50x149 each. Zoned RSF3 - RESIDENTIAL, SINGLE FAMILY with possibility of Rezoning for Commercial space
Lot Frontage: 500
Lot Depth: 149
In Flood Plain?: Yes
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,396 28,998 67,278
Median Age: 58.87 63.51 62.55
Households: 2,206 15,310 34,706
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