Catylist ID:
#30021066
| Catylist Listing ID: | 30021066 |
| Property Subtypes: | Hospitality, Office, Retail, Other |
| Gross Land Area: | 25 Acres |
| Sale Price: | $6,500,000 |
| Unit Price: | $260,000 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/19/2021 |
Overview / Comments
|
One of two parcels at the I 75 Sumter Rd. Cloverleaf. With a combined 2600 feet of frontage on I 75, located at the interchange on both sides, over 55,000 CPD annually and 75,000 in season, and a very affluent population base, this is one of the best development opportunities in SW Florida. The major population centers of Sarasota, North Port & Charlotte County have solid growth rates, excellent average and mean income data, and high disposable incomes. Yet there is not an outlet center within 40 Miles of this location, not a Costco or Sam's Club on or near I 75 from Bradenton to Fort Myers. The nearest Whole Foods is in downtown Sarasota. The area is lacking in quality hotels and family entertainment. The time is right and there is no better piece of property to do it on than these two. |
Attachments & Media
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Sarasota |
| Taxing Authority: | Sarasota County |
| Tax ID/APN: | 0955090001 |
| Zoning: | PCDN |
| Property Located Between: | Sarasota and North Port |
| Property Visibility: | Excellent |
| Legal Description: | Tract D 29th add to Port Charlotte Less I-75 R/W In OR 1114/1543 Containing 24.8 C-AC M/L |
| Largest Nearby Street: | Sumter Blvd |
| Feet of Frontage: | 1,080 |
| Traffic/Vehicle Count: | 55,000 |
| Highway Access: | I-75 Interchange at site |
| Airports: | Sarasota Bradenton Airport and Punta Gorda Port Charlotte Airport |
| Site Description: | 12 miles from the closest services North Bound, 2.5 Miles west to services at Price Blvd. & then 2.5 Miles back to I-75, 12 miles south to the closest services at Kings highway. Not a Gas Station or C store anywhere in site. These lots are flat, dry, and zoned to provide for almost any reasonable use, Their combines frontage on I-75 is over 2000 feet and they are highly visible and easily accessible from either side. |
| Area Description: | 25 Acres in Booming Sarasota County!! Over 900 ft Frontage on Interstate 75 (Major Hwy) Ideal Location for Interchange Property Uses Sumter Blvd is being improved into 4 lane road Area Lacking in Hotels & Family Entertainment |
| Lot Frontage: | 1000 |
| Lot Depth: | 1089 |
| Zoning Description: | PCDN The PCD district is designed to include residential, commercial and/or office zoning districts as appropriate to provide flexibility in the application of development standards and site design when approved according to a master development plan in a manner to promote the conservation of natural environment |
| Development Name: | Your Name Here |
| Topography: | Level |
| Easements: | Utilities |
| Easements Description: | Unknown |
| Water Service: | None |
| Sewer Type: | None |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,051 | 17,443 | 48,914 |
| Median Age: | 38.55 | 39.85 | 45.15 |
| Households: | 1,084 | 6,550 | 20,101 |
| © Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
