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Knights Trail & Rustic Road 7.2 Acres of Commercial Land Offered at $4,704,480 in Nokomis, FL 34275
INVESTMENT HIGHLIGHTS
- Corner lot location
- Utilities and off site water retention
- Large road frontage on Rustic Road
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $4,704,480 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.20 AC |
| Property Type | Land | ||
| Zoning | OUR - Open Use Rural | ||
| Price | $4,704,480 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.20 AC |
| Zoning | OUR - Open Use Rural |
1 LOT AVAILABLE
Lot
| Price | $4,704,480 | Lot Size | 7.20 AC |
| Price Per AC | $653,400.00 |
| Price | $4,704,480 |
| Price Per AC | $653,400.00 |
| Lot Size | 7.20 AC |
DESCRIPTION
7.2 Acres Commercial Zoned parcel on Knights Trail just north of Laurel Road at the intersection of Rustic Road and Knights Trail within the City Limits of Venice. Knights Trail is scheduled to connect from Laurel Road to Clark Rd (SR 72).This parcel is an outparcel to a 300 Multi- Family and 400 Single Family for Homes units. Adjoin property to the south is being developed into 380 Multi-Family units. Over 1,500 approved single family homesites being development within a 1 mile radius of the site. Rustic Road is being constructed as a east/west connection under the Interstate between Laurel Road & Honore Ave. The site will be developed in conjunction with the Multi-Family / Single Family for Rent Community. The site will be delivered with utilities stubbed to the site and off-site water retention.
PROPERTY TAXES
| Parcel Number | 0365-00-2000 | Improvements Assessment | $8,300 |
| Land Assessment | $10,239,800 | Total Assessment | $10,248,100 |
PROPERTY TAXES
Presented by
Knights Trail & Rustic Road
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