14.26 Acres
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
28252434 |
| Property Subtypes: |
Multi-Family
|
| Status: |
Pending |
| Gross Land Area: |
14.26 Acres
|
| Sale Price: |
$550,000 |
| Unit Price: |
$38,569 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/8/2021 |
Overview / Comments
|
14.26 acres zoned for 172 units. Can be Apts or ALF/ILF. Could possibly be rezoned for mobile home park as that is in the master plan zoning. Located at the end of 11th St. just off Hwy 70 in the heart of Arcadia. Have survey and pre-lim lay-out plans. Call for details and sales package. Owner will consider JV or Exchange. Owner will consider financing.
|
Additional Details
| Nearest MSA: |
Arcadia |
| County: |
DeSoto |
| Taxing Authority: |
Desoto County |
| Tax ID/APN: |
063825000002200000 & 063825020402200000 |
| Zoning: |
MULTI-FAMILY |
| Market Type: |
Medium |
| Property Located Between: |
Sarasota and lake Okeechobee |
| Side of Street: |
South |
| Road Type: |
Paved |
| Property Visibility: |
Excellent |
| Legal Description: |
Long legal |
| Largest Nearby Street: |
Hwy 70 and 11th St. |
| Transportation: |
Bus, Highway |
| Highway Access: |
Hwy 70 |
| Site Description: |
Flat and in good area for development. Water and sewer available. |
| Area Description: |
In heart of Arcadia. |
| Development Name: |
APTS OR ALF/ILF |
| Topography: |
Level |
| Soil Type: |
Sandy |
| Available Utilities: |
Electric, Water, Sewer |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,476 |
16,979 |
19,598 |
| Median Age: |
27.37 |
34.97 |
35.05 |
| Households: |
1,641 |
5,611 |
6,491 |
|
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