Sarasota County Residential Dev Opportunity
17 Acres of Residential Land Offered at $8,425,000 USD in Nokomis, FL 34275
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $8,425,000
- Property Type
-
Land
Listing Contacts
Craig Morby
Verified Profile
Eric Ammon
Verified Profile
Ron Zeigler
Verified Profile
- Property Info
Property Overview
The subject property consists of approximately 16.96+/- acres spread across six tax ID parcels in Venice, FL. The Sarasota Memorial Hospital Laurel Road Campus is a 315,000 ± SF medical center located at Laurel Rd & I-75. The growth rate within a 3-mile radius of the subject is growing 57% faster than Sarasota County.
We believe that the highest and best use for this property would be to rezone for RM-2 (9 units per acre) and develop it as a for-sale residential/townhome.
We believe that the highest and best use for this property would be to rezone for RM-2 (9 units per acre) and develop it as a for-sale residential/townhome.
Property Details
- Property Subtype
- Residential/Multifamily
Highlights
- 16.96± acres spread across six tax ID parcels - 4 parcels in the City, with the other two parcels still in the County
- The property would be suited to rezone for RM-2 (9 units per acre)
- Developed as a residential, town-home, or apartment project
- Located minutes near Sarasota Memorial Hospital Laurel Road Campus which is currently expanding
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