This Hospitality Property is no longer advertised on LoopNet.com.

Laurel Rd East & Pinebrook Rd
North Venice, FL 34275

Wyndham Garden North Venice · Hospitality Property For Sale · 105 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.30 AC
Construction Status Proposed
Building Size 62,500 SF
No. Rooms 105
No. Stories 5
Year Built 2026
Parking Ratio 1.87/1,000 SF
Corridor Interior

AMENITIES

  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi

ABOUT LAUREL RD EAST & PINEBROOK RD , NORTH VENICE, FL 34275

Property Highlights: • Proposed 105-Room, Five-Story, Midscale, Limited Service Hotel • 2.3+/- Acres Situated Directly off of Interstate 75 with High Visibility • Large-Scale Hospital Development Approved - Immediately Adjacent to the Subject Property • Opportunity to Develop a Midscale Hotel in a Rapidly Growing Market • Offered Fee Simple • Ideal Location for a New Hotel Development Due to Strength of Local Economy and Diverse Corporate and Leisure Demand Generators Location Highlights: • Situated Directly off of Interstate 75 and Laurel Road • High Visibility from I-75 • Located Adjacent from Approved Site for a new Hospital and Medical Campus Development - Expected to be the Catalyst for Major Development in the Immediate Area • Surrounded by Multiple Demand Generators • 14 Miles of Gulf Coast Beaches Located Minutes from the Subject Property Financial Highlights: • Offered at $1.5MM or $14,285 Per Unit Entitlement • Offered at $652,174 Per Acre for Ideal Limited Service Hotel Location • Significant Upward Trend in Competitive Property Revenues

PROPERTY TAXES

ZONING

Zoning Code Commercial
  • Listing ID: 13616560

  • Date on Market: 8/28/2018

  • Last Updated:

  • Address: Laurel Rd East & Pinebrook Rd, North Venice, FL 34275