1.13 Acres Near Downtown Sarasota for Sale

Vacant Land for Sale
Catylist Listing ID: 30280556
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 1.13 Acres
Sale Price: $1,200,000
Unit Price: $1,061,946 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Last Updated: 5/21/2018

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!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2004100029
Zoning: NORTH TRAIL (OVERLAY DISTRICT)
Property Located Between: Myrtle and Tamiami Trail
Property Visibility: Excellent
Legal Description: 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: Tamiami Trail
Feet of Frontage: 276
Traffic/Vehicle Count: 42,324
Highway Access: US-41 to University Pkwy to I-75
Airports: SRQ International
Site Description: -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
Area Description: 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.
Lot Frontage: 276'
Lot Depth: 237.5'
Zoning Description: 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.
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,461 55,549 159,674
Median Age: 37.61 44.83 47.07
Households: 4,127 24,242 71,556

Contact

Photograph of Listing Agent

Joshua Robert Baldwin

STOCKTON REALTY ADVISORS LLC MFCRE Member
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