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
LINKS
PROPERTY TAXES
Parcel Number | 0387-01-0001 | Improvements Assessment | $0 |
Land Assessment | $1,050,000 | Total Assessment | $1,050,000 |
ZONING
Zoning Code | Commercial |
Learn More About Investing in Hospitality Properties
Listing ID: 13616560
Date on Market: 8/28/2018
Last Updated:
Address: Laurel Rd East & Pinebrook Rd, North Venice, FL 34275
The Hospitality Property at Laurel Rd East & Pinebrook Rd, North Venice, FL 34275 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.