1500 Toledo Blade Blvd, North Port, FL 34288

4 - 60.3 Acre Commercial Land Lots in North Port, FL 34288

Sale Condition
Build to Suit
Property Type
Land
Square Feet
2,800,908 SF

Listing Contacts

Prasad Babu
Babu R Prasad Achanti

Property Overview

- Ready to build - DMP approved - which gives over a year of head start time to develop compared to others who start now unless you need a new plan in which case you need to apply for a quick modification.
- If your design needs modification to the existing DMP, consider the north side of the parcel where 1,200 feet of Citizens Parkway along with the utilities and the sidewalks have been just completed.
+/- 26.9 acres DMP approved for Pure Multi Family Units (PMFU) and +/- 4 acres for Mixed-Use development as part of 31.38 acres DMP.
(If two coordinating buyers found/come across the PMFU and MU areas can be bought separately but both need to coordinate through DMP. The Mixed Use (MU) can be developed much later or to their taste of Pure commercial when they have their strategy).
- 28 additional acres available for Mixed Use or pure commercial development (which includes restaurants, drive through, bank, hotel, fast food, Star Bucks, Home Depo, Costco, Walmart, Auto dealer, Post Office, etc) as part of original parcel # 1118-04-0010.
- +/- 60.35 acres - The largest parcel of Activity Center 5 with long road front to Citizens Parkway when developed; or choose desired lot.
- The Activity Center 5, the Subseject property resides is at the Center of the City - at the junction of Toledo Blade Blvd & Price Lane, North Port.
- The surrounding subject property is developed. The North side border is being shared with Acadia Health Plan.
- All utilities available to the adjacent major Toledo Blade Blvd (800 ft away) and to the Price Lane, and to North Edge with the Acadia Helth Plan.
- On the immediate West side is Suncoast Plaza with the Mixed development of Flats at Sundown, Fire Stone, Gas station, WaWa, etc.
- The South West Quadrant of AC5 was developed with Publix, a Gas station, a Fire Station, the County School Board, multifamily units, etc.
- Since 32 acres are DMP approved, this acreage is very quick to develop by saving a year or more worth of time while eliminating many uncertainties.
- These 26.96 acres are the last quota of Multi-family eligible land in the AC 5.
- To save premium land from the development, the DMP chosen to use the Stormwater land out of the Citizens Parkway.
- The subject property is about 800 feet from S Toledo Blade Blvd.
- 18+ years ago (Jan 2006), at that time, the developer paid $7,242,000 when there was no easement; (now allocated 16+ acres of separate land - Citizens Parkway). At that time the buyer submitted plans to develop 786 multifamily 3 bedroom units with 100% of 60.3 acre net usability now limited to 26.96 acres multifamily units remaining quota. Uploaded the related 11-page City document about 100% usability which can be found on the 2nd page. Also, uploaded the 2006 AC5 planned diagram in which the subject area of 786 planned 3-bed rooms was shown.
- Looking for an able and willing buyer/Developer. Flexible on the pricing based upon how quickly the closing takes place. Don't hesitate to make your discounted offer. All offers are considered seriously.

Property Details

Property Subtype
Commercial

Highlights

  • 26.96 acres DMP approved for Multifamily unit and surrounded by various developments

All available spaces

Space
Lot 1
Size
2,626,668 SF
Space
Lot 2
Size
174,240 SF

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