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1321 77th St E - LAND - 52 Acre Assemblage

52 Acres of Commercial Land Offered at $10,500,000 in Palmetto, FL 34221

Investment Highlights

  • 52 Acres Contiguous Land
  • Future Land Use Heavy Industrial
  • Light Industrial and Heavy Industrial Zoning
  • Easy access from three major highways - I-275 | US-41 | I-75

Executive Summary

Constructed in 1978, the main steel building encompasses 16,443.50 square feet, inclusive of an 850 square foot office space and boasting a soaring 30-foot ceiling height. Adjacent to the main structure are two additional metal storage buildings, measuring 2,231 square feet and 1,440 square feet, respectively. Furthermore, positioned at the northern entrance of the property is a 1,056 square foot modular office building, complemented by a 720 square foot trailer serving as the residence for onsite security personnel.
With direct access to I-275, I-75, and US Hwy 41, this 52-acre assemblage enjoys a strategic location, ensuring convenient accessibility for potential investors and developers.
For developers and investors seeking a core plus asset with substantial upside potential in a dynamic market, the 52-acre assemblage presents an unparalleled opportunity. This property offers abundant potential for diverse uses and stands as an ideal investment for those looking to capitalize on Palmetto’s growth opportunities.

Property Facts

Price $10,500,000
Sale Type Investment or Owner User
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Self Storage
  • Warehouse
Total Lot Size 52.00 AC

1 Lot Available

Lot

Price $10,500,000
Price Per AC $201,923
Lot Size 52.00 AC

RE/MAX Commercial is thrilled to present a remarkable opportunity to acquire a 52-acre assemblage in the City of Palmetto, situated in Manatee County, Florida. This expansive property, zoned A-1, LM and HM, features three steel buildings, a modular o

Description

2073800001 | 2073000008 | 676100100 | 67100050 .14+/- Acres | 37+/- Acres |14.05+/-Acres

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6761-0005-0
  • 6761-0010-0
  • 20730-0000-8
Land Assessment
$864,012
Improvements Assessment
$339,753
Total Assessment
$1,203,765

zoning

Zoning Code a1 (A-1 (Suburban Agriculture) LM (Light Manufacturing) HM (Heavy Manufacturing))
a1 (A-1 (Suburban Agriculture) LM (Light Manufacturing) HM (Heavy Manufacturing))
  • Listing ID: 32306829

  • Date on Market: 7/1/2024

  • Last Updated:

  • Address: 1321 77th St E, Palmetto, FL 34221

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