Erie Road Acreage

Vacant Land for Sale
Catylist Listing ID: 30278812
Property Subtypes: Residential (Single Family)
Gross Land Area: 47 - 48 Acres
Sale Price: $4,495,000
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2019

Overview / Comments

Large "in town" estate property or prime residential development opportunity. Raise cattle or rooftops. Approximately 47 acres future land use RES-3. County water and sewer along frontage (approximately 1,460'). Net acreage usable is approximately 45 acres. Initial "pre-app" with County officials was completed. Expectations of 125-137 single family lots. Additional parcels for expansion, assemblage or density are probable. Surrounding neighborhoods indicate best use would be mid range price market homes.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 725900005, 725700009,725710008
Property Located Between: Ellenton and Parrish
Property Visibility: Excellent
Legal Description: Long legal will be completed when buyer completes new survey with all parcels included.
Largest Nearby Street: Erie Road
Feet of Frontage: 1,460
Highway Access: US 301
Airports: Sarasota-Bradenton International, Tampa International, St Pete-Clearwater
Lot Frontage: 1460
Lot Depth: 1400
Zoning Description: Agricultural with RES-3 overlay
Topography: Level
Available Utilities: Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,917 28,238 63,828
Median Age: 45.11 46.61 43.54
Households: 1,221 12,053 25,652


Photograph of Listing Agent

Duane N Henderson

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