Multi-Family or Retail Acres For Sale

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30223801
Property Subtypes: Multi-Family, Office, Retail
Status: Pending/Contingent
Gross Land Area: 13.62 Acres
Sale Price: $5,900,000
Unit Price: $433,186 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/11/2018

Overview / Comments

Property is located on a hard corner of US Highway 301 & 96th Ave E in Parrish.
Turning lane is already in-place for south bound traffic to turn left and cross over the north bound lanes of US Highway 301.

Gravity flow County Sewer is located on site (Manhole and 8" stub)
Water is directional bore within approximately 35' from site.
Water main is a 8" main.
Gas on site.
Existing Grade Elevation is approximately 35.4'
Finish Floor Elevation is approximately 37.5'
Water Retention is already in-place and operational.

Site was originally approved for 112 units of Multi-Family Development. Seller has site plans and floor layouts that can be shared in a due diligence time frame.

Location is in an ideal place for rezoning to create a retail shopping area.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Submarket/Township: Parrish
Submarket Type: Central Business District
Taxing Authority: Manatee County
Tax ID/APN: 742110509
Zoning: PD-R PLANNED DEVELOPMENT RESIDENTIAL FUTURE LAND USE RES-9
Property Located Between: Ellenton, FL and Parrish, FL
Property Visibility: Excellent
Legal Description: COM AT THE SE COR OF SEC 2; TH N 00 DEG 02 MIN 23 SEC E ALG THE E LN OF SD SEC 2 A DIST OF 1136.96 FT; TH N 89 DEG 57 MIN 37 SEC W A DIST OF 20.57 FT TO THE INT WITH THE WLY MAINTAINED R/W/L OF FOY RD (96TH AVE E) ALSO BEING THE POB; TH N 89 DEG 38 MIN 00 SEC W A DIST OF 511.69 FT; TH S 68 DEG 16 MIN 00 SEC W A DIST OF 482.41 FT; TH N 21 DEG 44 MIN 00 SEC W A DIST OF 389.32 FT TO THE INT WITH THE SLY R/W/L OF U.S. 301 (S.R. 43); TH N 60 DEG 14 MIN 01 SEC E ALG SD SLY R/W/L A DIST OF 1277.83 FT TO THE POINT OF INTERSECTION WITH THE AFORESAID WLY MAINTAINED R/W/L OF FOY RD (96TH AVE E); TH S 00 DEG 22 MIN 02 SEC W ALG SD WLY MAINTAINED R/W/L A DIST OF 820.71 FT TO THE POB. PI#7421.1050/9
Largest Nearby Street: US Highway 301, I-75
Feet of Frontage: 1,277
Highway Access: US Highway 301 South to I-75 North or South - US Highway 301 North will take you in Sun City And the Riverview area.
Airports: Sarasota/Bradenton, Tampa, St Pete/Clearwater, Ft Meyers
Site Description: Great location with ground being fairly level and cleared ready to start your developing.
Area Description: This area is the fastest growing area in north east Manatee County.
Lot Frontage: Approximately 1,277 ft on US Highway 301 & Approximately 820 ft on 96th Ave E
Lot Depth: See Attached Survey
Zoning Description: PD-R Planned Development Residential Future Land Use RES-9
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,293 33,965 72,645
Median Age: 60.7 45.79 43.16
Households: 1,168 14,338 29,294

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