5 acres part of up to 65 acres assemblage on Laurel Rd

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 29894805
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 5.40 Acres
Sale Price: $1,000,000
Unit Price: $185,185 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2018

Overview / Comments

Another parcel available in this up to 60 acre assemblage. Assemblage potentially fronts onto Laurel Rd immediately opposite a Publix anchored shopping center. Assemblage also adjoins new Honore/Pinebrook extension and is very near to Junction 193 of the I 75 and the newly proposed Sarasota Memorial Hospital site. Parcels visible from Honore/Pinebrook extension and I 75 and are available individually or as part of assemblage.

Nearby front parcel on Laurel Rd has recently gone through Comprehensive Plan Amendment and has been successfully rezoned from OUE to Commercial (OPI). There is a similar possibility to get the zoning amended for this property.

All information regarding the property, including but not limited to financial information and projections (e.g., cap rates and valuations) are based on information from a variety of sources including but not limited to public records and owner-provided data. While information is believed accurate, RE/MAX Alliance Group Inc/Ivan J Gould PA makes no representation or warranty as to its completeness, and you should not rely upon it without conducting your own due diligence and investigation to determine whether the property meets your criteria and is a suitable investment. Past results are not necessarily indicative of future performance. Owner-provided financial information will be available for review upon execution of a confidentiality agreement.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Tax ID/APN: 0380010004
Zoning: CURRENTLY OUE BUT POTENTIALLY COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 730 27,024 63,327
Median Age: 72.99 64.08 62.44
Households: 413 14,332 32,697

Contact

Photograph of Listing Agent

Ivan J Gould

RE/MAX ALLIANCE GROUP
MFCRE Member
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