Palmetto CRA District

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29983099
Property Subtypes: Multi-Family, Other
Status: Pending
Gross Land Area: 8.26 Acres
Sale Price: $1,975,000
Unit Price: $239,104 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2021

Overview / Comments

Approved for 204 Multifamily Units. Acreage west of US 41 with encouraged Multi-family and Assisted Living uses within the Palmetto CRA. Current zoning would also allow for self-storage uses. Located within a few blocks to schools (Palmetto High School, Palmetto Elementary), grocers, retail, dining, healthcare, riverfront and close proximity to interstate.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2707500050
Property Visibility: Good
Largest Nearby Street: US 41
Site Description: Existing structure on site, not considered of value or use.
Zoning Description: Light Industrial. Palmetto CRA. Rezone to highest and best = multi family
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,974 64,672 159,166
Median Age: 38.92 39.93 43.77
Households: 2,845 24,381 66,182


Photograph of Listing Agent

William M Blalock

MFCRE Member
© 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.