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Bud Rhoden Rd.
Palmetto, FL 34221

Land For Sale · 8.33 AC

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Investment Highlights

Over 35,000 Cars Daily
Booming Development in the Area

New Turn Lane and expansive roadwork from Manatee County

Executive Summary

Located within unincorporated Manatee County, this development site is zoned Neighborhood Commercial - Medium (NC-M). NC-M zoning allows for an array of commercial uses with a maximum building square footage of 30,000 SF. The goal of NC-M is to provide for retail uses, personal services, or small shopping centers to serve the neighboring residential properties. NC-M encourages mixed use projects and residential components. Drive throughs, restaurants, medical marijuana dispensaries, retail sales like shopping centers, clinics, offices (professional or medical), vehicle repairs, schools, and more are all permitted and allowable uses under NC-M.
This parcel has a Future Land Use of RES - 6 which allows for 6 units per acre or +/- 50 units. Manatee County does have affordable housing density bonuses that could increase the density to allow for 12 units per acre. This site could be a perfect development for townhomes, apartments, and residential houses as well. Additional acreage could be assembled.

PROPERTY FACTS Under Contract

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Retail Multifamily
Property Type	Land	Total Lot Size	8.33 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Multifamily
Total Lot Size	8.33 AC

1 Lot Available

Lot

Price	$2,400,000	Lot Size	8.33 AC
Price Per AC	$288,115

Price	$2,400,000
Price Per AC	$288,115
Lot Size	8.33 AC

This 8.3 commercial or residential development site is located in the path of progress in northern Manatee County on Moccasin Wallow Road. This parcel sits between US-41 to the west and Interstate 75 to the east.

Description

his 8.3 commercial or residential development site is located in the path of progress in northern Manatee County on Moccasin Wallow Road. This parcel sits between US-41 to the west and Interstate 75 to the east. Its central location makes it a short drive to downtown St. Petersburg and Tampa to the north and Bradenton, Lakewood Ranch and Sarasota to the south. Northern Manatee County is one of the fastest growing areas of Manatee County with over 23,000 residential units approved or under construction.

PROPERTY TAXES

Parcel Number	6169-0005-9	Improvements Assessment	$2,159
Land Assessment	$439,443	Total Assessment	$441,602

PROPERTY TAXES

Parcel Number

6169-0005-9

Land Assessment

$439,443

Improvements Assessment

$2,159

Total Assessment

$441,602

zoning

Zoning Code	NC-M
NC-M

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Listing ID: 26610493
Date on Market: 9/12/2022
Last Updated:
Address: Bud Rhoden Rd., Palmetto, FL 34221

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