Prime US-41 Development Opportunity +/- 5.48 acres

Vacant Land for Sale
Catylist Listing ID: 30636861
Property Subtypes: Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 5.48 Acres
Sale Price: $4,400,000
Unit Price: $802,919 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/3/2021

Overview / Comments

+/- 5.48-acre parcel zoned industrial located on US 41 (Tamiami Trail) Bypass, with approximately 730 feet of frontage, in Venice, FL. The property currently has a +/- 6,068 SF building, a +/- 3,104 SF building, a +/- 864 SF building, and a +/- 325 SF building when demolished for a new complex there could be Impact Fee credits applicable to the Developer.
The property is located on Tamiami Trail with a traffic count 0f 38,000 the intersection is Tamiami Trail( US 41 Venice By-Pass) and Center Road a signalized corner. This property has a median cut on the south end being used for Wallgreens and the property also there is another median cut on the North end of the property at James st

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Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0428100002
Zoning: I
Property Located Between: Center Rd and James St off US 41 ByPass
Property Visibility: Excellent
Legal Description: COM AT SE COR OF SEC 17-39-19 TH N-88-46-50-W 2497.08 FT TH N-05- 09-40-E 262.46 FT TH NLY ALG CURVE TO LEFT 158.25 FT FOR POB TH N-88-46-50-W 384.03 FT TH NWLY NLY & NELY ALG CURVE TO RIGHT 928.34 FT TO WLY R/W OF US HWY 41 VENICE BY-PASS TH SELY ALG CURVE TO RIGHT 943.95 FT TO POB LESS TRACT IN SE COR THEREOF DESC AS COM AT SE COR OF SEC 17- 39-19 TH N-89-47-08-W 2497.53 FT TH N-04-09-05-E 265.29 FT TH NLY ALG CURVE TO LEFT 155.43 FT FOR POB TH N-89-47-08-W 164 FT TH N- 00-12-52-E 173.31 FT TH N-89-35- 10-E 107.3 FT TH SELY ALG CURVE TO RIGHT 38.61 FT TH S-29-12-33- E 30.78 FT TH SLY ALG CURVE TO RIGHT 134.03 FT TO POB, LESS US 41 R/W AS DESC IN ORI 2016112190
Largest Nearby Street: S. Tamiami Trail
Feet of Frontage: 730
Traffic/Vehicle Count: 38,000
Highway Access: two median cuts off of Tamiami Trail AKA Us 41
Airports: Sarasota-Bradenton International Airport = Approximately 24 miles
Area Description: In the heart of major restaurants and retailers such as Bonefish Grill, Carrabba's, Checkers, Dollar Tree, Dunkin' Donuts, First Watch, LA Fitness, McDonald's, Office Depot, Perkins, Petco, Starbucks, Stein Mart, Subway, Walgreens, and more!
Lot Frontage: 725
Zoning Description: The ILW District provides for industrial, light manufacturing, processing, storage and warehousing, wholesaling, and distribution uses. The ILW District is not generally commercial in nature or character. Only certain commercial and service uses relating to the character of the district and supporting its activities and employees are permitted. Certain commercial relating to automotive and heavy equipment sales and repair are allowed. Heavy industry is allowed by special exception. The ILW District is generally used to implement the Comprehensive Plan within those areas of the County shown as Major Employment Center (MEC) and Major Employment Center/Interstate Regional Office Park (MEC/IROP) on the Future Land Use Map.
Topography: Level
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,130 46,052 69,873
Median Age: 64.13 60.46 60.42
Households: 3,908 23,934 35,657
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