Own a Cloverleaf on I 75 in Sarasota Co.

Vacant Land for Sale
Catylist Listing ID: 30023762
Property Subtypes: Office, Retail
Gross Land Area: 35.24 Acres
Sale Price: $9,000,000
Unit Price: $255,391 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2021

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.
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.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 953130001
Zoning: PCDN
Property Located Between: Sarasota and North Port.
Property Visibility: Excellent
Legal Description: TRACT C LESS I-75 ROW IN OR 1114/1543 CONTAINING 35.1C-AC M/L 29th add to port charlotte
Largest Nearby Street: Sumter
Feet of Frontage: 1,119
Traffic/Vehicle Count: 75,000
Highway Access: At I-75 interchange
Airports: Sarasota Bradenton Airport and Punta Gorda Port Charlotte Airport
Site Description: Located at the clover leaf of I-75 and Sumter Rd. Main exit for Sumter and Price serving the North Port Government Center, City Services, Heron Creek and Rapidly developing North Port City Center.
Area Description: 35 Ac with Proposed Plan for 21 commercial sites Ideal Location for Interchange Property Uses Over 1300 ft Frontage on Interstate 75 (Major Hwy) Sumter Blvd Improvement to 4-lane Road
Lot Frontage: 1119
Lot Depth: 1126
Zoning Description: PCDN Planned Community Development is a broad designation allowing exceptional breadth of use.
Topography: Level
Soil Type: Mixed
Water Service: Municipal
Sewer Type: Municipal

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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
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