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498 R And F Ranch Rd - Sarasota County Residential Dev Opportunity
17 Acres of Residential Land Offered at $8,950,000 in Nokomis, FL 34275
Investment Highlights
- 16.96± acres spread across six tax ID parcels - 4 parcels in the City, with the other two parcels still in the County
- Developed as a residential, town-home, or apartment project
- The property would be suited to rezone for RM-2 (9 units per acre)
- Located minutes near Sarasota Memorial Hospital Laurel Road Campus which is currently expanding
Property Facts
| Price | $8,950,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 17.00 AC |
| Price | $8,950,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 17.00 AC |
1 Lot Available
Lot
| Price | $8,950,000 | Lot Size | 17.00 AC |
| Price Per AC | $526,471 |
| Price | $8,950,000 |
| Price Per AC | $526,471 |
| Lot Size | 17.00 AC |
17 Acres MOL
Description
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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,089,600 | Total Assessment | $1,089,600 |
PROPERTY TAXES
zoning
| Zoning Code | RMF-1 & OUE |
| RMF-1 & OUE |
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Craig Morby -
Eric Ammon -
Ron Zeigler -
SVN | Saunders Ralston Dantzler Real Estate
Presented by
498 R And F Ranch Rd - Sarasota County Residential Dev Opportunity
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