Toledo Blade Office, Medical Office Building Pads

Vacant Land for Sale
Catylist Listing ID: 30563553
Property Subtypes: Office
Gross Land Area: 5,000 - 20,000 SF
Sale Price: $300,000 - 1,200,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

The brand new North Port Village Office Park is under construction on one of the busiest corridors in North Port. Phase I of the office park is expected to have five 6,000 SF buildings with frontage on Toledo Blade Boulevard, less than a mile from Exit 179 of I-75. This is a great opportunity for a physician, attorney, or other professional to build their own brand new building without having to go through the hassle of purchasing land and developing the site themselves! Don't lease when you can buy!

Finished building pads will allow for a range in size of buildings from 5,000 SF to 20,000 SF. The sellers are currently constructing the first 6,000 SF office building on the property, and they will deliver pads with all office park improvements in place including shared entrance, signage, parking, development approvals, site plan and shared retention. Expected delivery is Q2 of 2020. Final fill/compaction and building permits will be up to the Buyer.

The City of North Port continues to be one of the fastest growing in the region with 3.3% population growth annually. The city has positioned itself as an inexpensive alternative to higher priced Sarasota and Venice. The North Port area has great access to those communities to the north, as well as Port Charlotte & Punta Gorda to the south, and the new massive West Villages master planned community which is the new spring training home for the Atlanta Braves.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0961130320, 0961130300
Zoning: PLANNED COMMUNITY DEVELOPMENT (PCD)
Site Description: Finished building pads for sale in the North Port Park of Commerce. Ranging in size from 5,000 to 20,000 SF. Developer will deliver pads with all office park improvements in place including shared entrance, signage, parking, retention, and site plan approval.
Area Description: Toledo Blade Boulevard is one of only two major north-south thoroughfares in North Port that connect I-75 to U.S. 41 traversing through a massive residential area. Toledo Blade boasts the second highest traffic count in the area behind U.S. 41 with 19,300 average vehicles per day. These brand-new office buildings are well-positioned among a significant number of residential communities, as well as other office, medical office, industrial and retail in close proximity. They are situated less than a mile south of Interstate 75 at a signalized intersection, and just the north of the intersection of Toledo Blade Boulevard & Price Boulevard. This area is the epicenter of new commercial development that includes a new Publix, Heartland Dental, Wawa, Auto Zone and Jiffy Lube.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 37,482 56,903
Median Age: 38.03 42.05
Households: 13,699 22,106
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