Development Opportunity In Path Of Progress

Vacant Land for Sale
Catylist Listing ID: 30007715
Property Subtypes: Multi-Family, Office, Residential (Single Family)
Gross Land Area: 12 Acres
Sale Price: $2,500,000
Unit Price: $208,333 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2019

Overview / Comments

Be part of the rapidly developing Venice, FL area. Walking distance or a one minute drive to the recently approved Venice Regional Hospital site. Just minutes to I-75, all conveniences, the Isle of Venice and the beaches. One of the last under-developed corridors in South Sarasota County! Though currently zoned OUE, these three contiguous parcels have great potential for commercial, OPI (office professional, institutional) residential multi-family, mixed use, etc.
Purchaser would need to pursue due process for final zoning/usage/permitting. Though the value is in the land, the property used to house an active tree nursery, and there are two residences on this property.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: PID's: 0418040003; 0418040004; 0418040005
Property Located Between: Mid way between Jacaranda Blvd and River Rd just minutes (2 miles) to either exit on I-75.
Property Visibility: Excellent
Legal Description: Easterly 127.65 ft of tract 147, tract 148 and 149 of Venice Farms
Largest Nearby Street: Jacaranda Blvd or River Rd
Feet of Frontage: 766
Airports: Charlotte Regional 20 minutes; SRQ 40 minutes
Site Description: Flat, mature foliage
Area Description: Residential, Houses of Worship, plus undeveloped
Lot Frontage: 766
Lot Depth: 686
Zoning Description: OUE
Topography: Level
Easements: Utilities
Easements Description: Sewer on South side of East Venice Ave, Municipal water at Havana Rd and natural gas along East Venice Ave
Soil Type: Mixed
Available Utilities: Electric
Water Service: Other
Sewer Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 908 26,280 64,867
Median Age: 48.51 63.58 60.46
Households: 342 13,383 32,557
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