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 |
| Zoning: |
A-AGRICULTURAL |
| 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. |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,949 |
11,398 |
| Median Age: |
44.51 |
40.23 |
| Households: |
2,061 |
3,821 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither My Florida Commercial Real Estate nor
Moody's assume any liability for errors or omissions.
|
