5875 Crossland Trl - Lakewood Ranch

9.79 Acres of Commercial Land Offered at $7,500,000 in Lakewood Ranch, FL 34211

Investment Highlights

  • High Commercial Growth
  • Commercial Hub
  • High Traffic Counts

Executive Summary

Adjacent to our site, there is a pending 31-acre Orlando Health Hospital, along with a 60-acre ALF (Erikson’s Emerson Lakes project; 1,100 units) to the west. The retail hub to the west includes LA Fitness, Fresh Market, CVS, Starbucks, Wendy’s, Chipotle and more. Additionally, our retail team is developing an Outback Steakhouse, ALDI, AutoZone & Heartland Dental along Crossland Trail within the same mixed-use location.

Property Facts

Price $7,500,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Medical
  • Office Park
  • Racetrack
Total Lot Size 9.79 AC

1 Lot Available

Lot

Price $7,500,000
Price Per AC $766,087.84
Lot Size 9.79 AC

A TRACT OF LAND OF LYING IN SEC 17, TWN 35 S, RNG 19 E, MANATEE COUNTY, (LAKEWOOD RANCH) FLORIDA, BEING MORE PARTICULARLY DESC AS FOLLOWS: COM AT THE SE COR OF CROSSLAND TRAIL AS DESC IN SW.

Description

One of the last few parcels in Lakewood Ranch. Best use is office/medical office or an entertainment facility. Prime Land.

PROPERTY TAXES

zoning

Zoning Code PDMU (Planned Development Mixed Use)
  • Listing ID: 31547554

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 5875 Crossland Trl, Lakewood Ranch, FL 34211