498 R And F Ranch Rd - Residential LAND FOR SALE


Nokomis, FL 34275 740,520 SF
$8,950,000 USD
863-581-0059
498 R And F Ranch Rd, Nokomis, FL for Sale
$8,950,000 USD
Residential LAND - FOR SALE
1/4
740,520 SF

498 R And F Ranch Rd
Nokomis, FL 34275


HIGHLIGHTS

  • 16.96± acres spread across six tax ID parcels - 4 parcels in the City, with the other two parcels still in the County
  • The property would be suited to rezone for RM-2 (9 units per acre)
  • Developed as a residential, town-home, or apartment project
  • Located minutes near Sarasota Memorial Hospital Laurel Road Campus which is currently expanding

OVERVIEW

The subject property consists of approximately 16.96+/- acres spread across six tax ID parcels in Venice, FL. The Sarasota Memorial Hospital Laurel Road Campus is a 315,000 ± SF medical center located at Laurel Rd & I-75. The growth rate within a 3-mile radius of the subject is growing 57% faster than Sarasota County. We believe that the highest and best use for this property would be to rezone for RM-2 (9 units per acre) and develop it as a for-sale residential/townhome.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/ACRE

$526,471/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Sarasota County Residential Dev Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Planned Unit Development

LAND ACRES

17 AC

LAND SF

740,520 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Cable, Telephone

ZONING

RMF-1 & OUE

APN/PARCEL ID

0388-04-0001,0388-04-0004,0388-04-0005,0388-04-0006

ASK ABOUT THIS PROPERTY

Craig MorbySaunders Real EstateMore Info
863-581-0059

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Craig MorbySaunders Real EstateMore Info
863-581-0059

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.