Toledo Blade Retail, Office, Medical Office Development Site - OP 1
Vacant Land
for Sale
| Catylist Listing ID: |
30626097 |
| Property Subtypes: |
Office, Retail
|
| Gross Land Area: |
1.30 Acres
|
| Sale Price: |
$575,000 |
| Unit Price: |
$442,307 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/27/2020 |
Overview / Comments
1.3+/- acre development site for sale on one of the busiest corridors in North Port! This area continues to boom with commercial and residential projects. North Port Park of Commerce alone has over 100,000 SF of new office and industrial projects proposed! The parcel has frontage on Toledo Blade Boulevard just south of Exit 179 of I-75, and would be ideal for retail, office or medical office. The zoning allows for a wide range of uses and North Port has incentives for businesses looking to relocate to the city.
The City of North Port continues to be one of the fastest growing in the region with 3.3% population growth annually. The city has positioned itself as an inexpensive alternative to higher priced Sarasota and Venice. The North Port area has great access to those communities to the north, as well as Port Charlotte & Punta Gorda to the south, and the new massive West Villages master planned community which is the new spring training home for the Atlanta Braves.
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Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
0961130140 |
| Zoning: |
PLANNED COMMUNITY DEVELOPMENT (PCD) |
| Feet of Frontage: |
425 |
| Traffic/Vehicle Count: |
19,300 |
| Area Description: |
Toledo-Blade Boulevard is one of only two major north-south thoroughfares in North Port that connect I-75 to U.S. 41 traversing through a massive residential area. Toledo Blade boasts the second highest traffic count in the area behind U.S. 41 with 19,300 average vehicles per day.
This commercial development parcel is well-positioned among a significant number of residential communities, as well as office, medical office, industrial and retail in close proximity. It is situated less than a mile south of Interstate 75 at a signalized intersection, and just the north of the intersection of Toledo Blade Boulevard & Price Boulevard. This area is the epicenter of new commercial development that includes a new Publix, Heartland Dental, Wawa, Auto Zone and Jiffy Lube. |
| Lot Frontage: |
425 |
| Lot Depth: |
300 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
34,431 |
60,114 |
| Median Age: |
37.98 |
42.52 |
| Households: |
12,615 |
23,466 |
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