8 Acre Church Property for Redevelopment

Multi-Family for Sale
Also listed as Vacant Land, Special Purpose
Catylist Listing ID: 30674352
Property Subtypes: Low-Rise/Garden, Senior Living
Number of Units: 40 Units
Building Size (RSF): 35,386 SF
Gross Building Area: See Agent
Gross Land Area: 348,480 SF
Sale Price: $4,250,000
Unit Price: $106,250 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: St. James Church
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/24/2021

Overview / Comments

Opportunity to repurpose this 8 acres of property with Three buildings totaling 35,386 SF. FLU is MODR 3-5 units per acre. The location is superb for uses including schools, and meeting spaces with special exception.

• Optimal Location
• 3 Buildings (35,386SF)
• Development Opportunity
• Multiple Access Points

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0039090002
Zoning: OUE2 FLU= MODR (3-5 UNITS PER ACRE)
Property Located Between: Fruitville & University Pkwy
Site Description: 8 Acres with existing 3 buildings and retention. Ready for repurposing of existing buildings or redevelopment of land.
Area Description: Located along Honore Ave next to the Meadows and close to University Pkwy, UTC and Benderson Park. This location gives easy access to I-75, Lakewood Ranch, the UTC shopping District and a straight shot to Downtown Sarasota.
Total Number of Buildings: 3
Property Condition: Average
Number of Stories: 1
Year Renovated: 2001
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,534 61,830 175,218
Median Age: 53.14 47.92 47.25
Households: 4,726 27,942 77,383

Contact

Photograph of Listing Agent

Kenneth E Hoskinson Jr

HEMBREE & ASSOCIATES INC MFCRE Member
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