+/-1.55ac on Tamiami Trail - Possible Live/Work Opportunity!

Vacant Land for Sale
Catylist Listing ID: 30191919
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 1.55 Acres
Sale Price: $699,000
Unit Price: $450,967 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/20/2018

Overview / Comments

Location, Location, LOCATION! Great opportunity to own +/-1.55 acres of CG Zoned land, with an additional +/-8,327sf residential lot allowing for a possible Live/Work opportunity or other creative uses. +/-200ft of frontage on US41/Tamiami Trail with easy ingress/egress via 2 existing curb cuts on US41/ Tamiami Trail. Great traffic counts, premium exposure and a wealth of opportunity exist within CG zoning. Nicely nestled between Collins Rd. (which could offer additional ingress/egress points) and Citrus Ave., with a densely populated residential neighborhood directly behind the property.

Nokomis is BOOMING! New and future developments include Chase Bank, Home2Suites (a Hilton hotel franchise), Publix, Starbucks and more within minutes of this location. Property is located roughly 7 miles South of Sarasota's Westfield Mall and minutes away from downtown Venice! Neighboring businesses include a granite showroom/retail store, dry cleaning, veterinary clinic, very active car wash, National hardware store franchise, with a gas station across the street!

The property is in prime position for redevelopment for any owner/user, but would also make a great investment piece for savvy land owners! Property has an existing building which was previously used as a sales office but would need a tear-down. Roughly 5 mobile homes occupy some of the property, all month-to-month, allowing for additional income if wanted. The opportunities are endless!

Contact listing agent today for more information! This is a "diamond in the rough" and holds great potential for the right user.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0170100015
Zoning: CG, COMMERCIAL GENERAL
Property Located Between: Collins Rd and Citrus Ave
Property Visibility: Excellent
Largest Nearby Street: US41
Feet of Frontage: 200
Lot Frontage: 200
Zoning Description: CG, Commercial General
Available Utilities: Electric, Water
Water Service: Municipal, Well
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,948 31,345 58,775
Median Age: 55.46 62.46 61.38
Households: 1,993 16,411 30,269

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