Mixed Use Development Site 18± Ac, North Port, FL 34287
1.9 - 9 Acre Commercial Land Lots Offered at $440,000 - $3,030,000 USD Per Lot in North Port, FL 34287
For Sale
Active
- Property Type
-
Land
- Square Feet
- 788,436 SF
Listing Contacts
Mousa Wakileh
David Neff
Elliot Rose
Property Overview
Entire Assemblage $5,800,000.00
The Warm Mineral Springs Master Plan offers a sizable tract of land perfect for a mixed-use development in one of the nation’s fastest-growing markets. Buyers can take advantage of the site's major price reduction. This 18.1-acre site consists of four separate parcel groups totaling 26 total parcels, which may be acquired individually or as a package. The development master plan allows these properties to develop commercial, retail, hotel, medical, office, or institutional space as well as multifamily dwelling units. As part of the comprehensive and holistic vision to combine the development of this exclusive private property and the protection of the Warm Mineral Springs, this business development includes a vision of a health and wellness center, a wellness resort and hotel, an independent/assisted living facility, and complementary residential and commercial components. Additionally, existing buildings and infrastructure improvements are in the pipeline to be completed .
The potential for a true live-work-play environment offers the prospects of capitalizing on a thriving community that is projected to see a nearly 12% increase in population by 2027. Combined with the Warm Mineral Springs’ perfect placement in a qualified opportunity zone, master developers can benefit from a host of tax incentives in an area that is continuing to attract affluent residents from across the country. The Warm Mineral Springs is also located minutes to popular shopping and dining, brand new residential neighborhoods, and Wellen Park, which is home to much of North Port's new developments like Cool Today Park, the Atlanta Braves’ spring training location. Additionally, the entire development is supported by the City of North Port as the owner and operator of the Springs as well as the 82 acres on the North and East of the Springs. In Summer 2021 the North Port City Commission approved over $9,000,000 to support the protection of the Springs and to create an internationally recognized wellness center.
https://cityofnorthport.legistar.com/View.ashx?M=F&ID=12178221&GUID=5393BA9D-0A16-418B-9BE5-0E065FE12C03
The Warm Mineral Springs Master Plan offers a sizable tract of land perfect for a mixed-use development in one of the nation’s fastest-growing markets. Buyers can take advantage of the site's major price reduction. This 18.1-acre site consists of four separate parcel groups totaling 26 total parcels, which may be acquired individually or as a package. The development master plan allows these properties to develop commercial, retail, hotel, medical, office, or institutional space as well as multifamily dwelling units. As part of the comprehensive and holistic vision to combine the development of this exclusive private property and the protection of the Warm Mineral Springs, this business development includes a vision of a health and wellness center, a wellness resort and hotel, an independent/assisted living facility, and complementary residential and commercial components. Additionally, existing buildings and infrastructure improvements are in the pipeline to be completed .
The potential for a true live-work-play environment offers the prospects of capitalizing on a thriving community that is projected to see a nearly 12% increase in population by 2027. Combined with the Warm Mineral Springs’ perfect placement in a qualified opportunity zone, master developers can benefit from a host of tax incentives in an area that is continuing to attract affluent residents from across the country. The Warm Mineral Springs is also located minutes to popular shopping and dining, brand new residential neighborhoods, and Wellen Park, which is home to much of North Port's new developments like Cool Today Park, the Atlanta Braves’ spring training location. Additionally, the entire development is supported by the City of North Port as the owner and operator of the Springs as well as the 82 acres on the North and East of the Springs. In Summer 2021 the North Port City Commission approved over $9,000,000 to support the protection of the Springs and to create an internationally recognized wellness center.
https://cityofnorthport.legistar.com/View.ashx?M=F&ID=12178221&GUID=5393BA9D-0A16-418B-9BE5-0E065FE12C03
Property Details
- Property Subtype
- Commercial
Highlights
- The Warm Mineral Springs Master Plan consists of 26 parcels totaling 18.1 acres, with a series of generous zoning designations.
- The immediate area boasts an expanding health tourism and wellness travel market and is projected to see a 12% increase in population by 2027.
- The plans foresee that the potable water and wastewater lines will go through all of the offered parcels from Ortiz Boulevard to US Highway 41.
- Perfect for environmental, social, and corporate governance investing and is positioned within an opportunity zone, which offers tax incentives.
- Presents the opportunity for master developers to utilize the entire property or coordinate with sub-developers to produce a mixed-use project.
All available spaces
- Space
- Lot 1
- Size
- 196,020 SF
- Price
- $1,535,000
- Space
- Lot 2
- Size
- 392,040 SF
- Price
- $3,030,000
- Space
- Lot 3
- Size
- 117,612 SF
- Price
- $795,000
- Space
- Lot 4
- Size
- 82,764 SF
- Price
- $440,000
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