1.13 Acres Near Downtown Sarasota for Sale
|Catylist Listing ID:
Multi-Family, Office, Retail, Retail-Pad
|Gross Land Area:
||$1,061,946 Per Acre
|Adjacent Parcels Available:
||Cash to Seller
Overview / Comments
Highly desirable and rarely available! This 1.13 acre property zoned NT (overlay district) is available for ground lease or possible joint venture development. Outstanding location directly on Tamiami Trail allows for very high traffic counts, close proximity to downtown and many tourist destinations (Smuggler's Cove, Jungle Garden, Ringling Museum) making this piece of land perfect for your business or Sarasota's next development! This parcel is located on a heavily trafficked area of US-41 with over 42,000 vehicles passing daily!
The North Trail Overlay District has been extended another 5 years allowing for continued flexibility of use of the land. Zoning details have been assessed by an architecture firm and allow for a multitude of uses with special exceptions for mixed use developments!
||NORTH TRAIL (OVERLAY DISTRICT)
|Property Located Between:
||Myrtle and Tamiami Trail
||PORTION OF BLK 66 DESC AS, BEG AT SW COR OF SAID BLK 66 TH N 262 FT TH E 151.2 FT M/L TO W BOUNDARY OF TAMIAMI TRL TH SELY ALG SAID W BOUNDARY 274.2 FT TH W 233.95 FT TO POB LESS PORTION TO CITY OF SARASSOTA FOR ROAD R/W, MAP OF INDIAN BCH
|Largest Nearby Street:
|Feet of Frontage:
||US-41 to University Pkwy to I-75
||-1.13 acres vacant commercial land
-excellent visibility with over 275 feet of frontage on Tamiami Trail
-Over 42,000 daily traffic count
-close to Ringling museum, Ringling College, Downtown and Sarasota Bay front
||The highly desirable North Trail area is continuously evolving as more emphasis from the city and local efforts develop the area. Ringling College, Ringling Museum, restaurants, shopping and numerous tourist destinations currently make up the surrounding area.
||NT Overlay District Zoning allows for a multitude of uses including multi-family, retail, office and allows for increased build-able height and usable acreage for mixed-use development.
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