Strategically located office with development opportunities

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30673391
Property Subtypes: Office, Residential (Single Family), Retail, Other
Status: Pending
Gross Land Area: 10,500 SF
Sale Price: $1,500,000
Unit Price: $142.86 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/5/2021

Overview / Comments

10,500 SF lot improved with a 1,331 SF dental office built in 2016. The property is situated in the Burns Court area of downtown Sarasota fronting the historic Laurel Park neighborhood. The value here is in the land. The property is zoned DTC, allowing 50 units per acre and 10 stories. The block consists of 3 parcels which could potentially be assembled in time to allow for a larger project. This is a unique opportunity to acquire a pivotal parcel in the downtown core.

10,500 SF lot
1,331 SF dental office
Built in 2016
Corner lot with 3 street frontages
Zoned DTC
Allows 50 units per acre and 10 stories

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2027110038
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,950 80,105 161,861
Median Age: 48.31 45.7 48.65
Households: 5,880 36,097 75,124
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