North Port Commercial Development Site

Vacant Land for Sale
Catylist Listing ID: 30351107
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1.11 Acres
Sale Price: $525,000
Unit Price: $472,972 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2023

Overview / Comments

This 1+/- acre retail development site is located on one of the busiest corridors in North Port. The City of North Port continues to be one of the fastest growing in the region with 3.3% population growth annually. The city has positioned itself as an inexpensive alternative to high-priced Sarasota and Venice.

This site is well-positioned among a significant number of residential communities, as well as office and retail in close proximity. Toledo-Blade boasts the second highest traffic count in the area behind US-41 with 18,000 average vehicles per day.

This would be a great site for fast food, or other quick service restaurant. Alternatively, it could be developed as office or medical office due to the close proximity to Sarasota Memorial Hospital's North Port location.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0986120140
Property Visibility: Good

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 38,932 87,551
Median Age: 38.78 44.68
Households: 14,427 35,922
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