East Manatee Development Site

Vacant Land for Sale
Catylist Listing ID: 30474133
Property Subtypes: Agricultural, Other
Gross Land Area: 1.50 Acres
Sale Price: $750,000
Unit Price: $500,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/1/2023

Overview / Comments

This highly visible development site is located just outside of Lakewood Ranch, which is the #2 top-selling master-planned community in the nation. Located at the intersection of State Road 70 and County Road 675, this intersection will include a roundabout in the future which will reduce speeds and make accessibility even easier. Also the "off ramp" from westbound SR-70 to CR-675 will be vacated with the construction of the roundabout, which will serve as a buffer and additional land may potentially be added to this development site.

CR-675 is a main north-south road that leads up to S.R. 64 and northwards to Parrish, Florida. This is the closest main intersection to the high-end Panther Ridge, Pomello Ranches and Concession subdivisions. The A-Agricultural Zoning will allows commercial uses that support the agricultural community including office, veterinary clinic, heavy equipment sales, and pet kennel.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 333702009
Property Located Between: SR-70 & CR 675
Traffic/Vehicle Count: 15,500
Highway Access: Direct access north to Parrish via CR-675
Area Description: This 1.5+/- acre development site is located at the intersection of State Road 70 and County Road 675, just 3 miles east of Lakewood Ranch. It sits in the center of the massive high-end Panther Ridge & Pomello Ranches acreage communities, and just east of The Concession Golf & Country Club. FDOT is currently working to expand S.R. 70 to four lanes from Lakewood Ranch, east to C.R. 675, and develop a roundabout at this intersection. This will significantly reduce speeds and make this property extremely visible and accessible.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,949 11,398
Median Age: 44.51 40.23
Households: 2,061 3,821
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