Cortez Road Retail Redevelopment Site

Vacant Land for Sale
Catylist Listing ID: 30840334
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 0.46 Acres
Sale Price: $875,000
Unit Price: $1,902,173 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/22/2023

Overview / Comments

Premium site available in the highly sought after Cortez Road Corridor which will soon connect Lakewood
Ranch to Anna Maria Island. The property is just under a half acre and currently features a veterinary clinic
but has the potential to redevelop the site utilizing the existing General Commercial zoning. Heavily traveled
commercial corridor includes McDonald's, Taco Bell, Culver's, Cox Auto Dealerships, Home Depot, La-Z-Boy,
and a Best Western Plus.
Located in the General Commercial (GC) Zoning District, the property allows for various uses including
Restaurant, Retail, Drive- Thru, Office, Medical Office. Great site and location for coffee or QSR restaurant
with drive thru, tire/ oil change, medical office, or any business wanting high visibility exposure.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 5056700007
Property Visibility: Excellent
Area Description: The site is on the North side of Cortez Road, one of the busiest East-West corridors in Manatee County. Cortez is one of the two roads that has direct access to Anna Maria Island. The site is located in a Commercial area that has a dense mix of retail, restaurants, car dealerships and other large national retailers. The property is centrally located near many amenities, including Downtown Bradenton, Anna Maria Island, Sarasota-Bradenton International Airport, IMG Academy and State College of Florida.
Lot Frontage: 101.8
Lot Depth: 187.8
Zoning Description: General Commercial District (GC). The purpose of this district is to provide for a variety of retail use and services in free-standing parcels or shopping centers to serve the community's general commercial needs. This district may also facilitate attached dwellings, multifamily residential, and mixed-use (including multi-family residential). Agricultural uses, Animal Services, Pet Kennel, Alcoholic Beverage, Drive Thru, Gas Station, Restaurant, Retail Medical Marijuana Treatment Center Dispensing Facility, Service Station, Business Servies, Carwash, Clinic, Catering, Funeral, Lodging, Bank, Dry Cleaner, Vehicle Repair, Recreation, Assisted Living, Group Home, Residential, Child Care, Church, "

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,144 115,371 181,200
Median Age: 45.12 44.28 44.03
Households: 10,464 50,766 76,872
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