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    4950 N Sumter Blvd North Port, FL 34286

    For Sale
    $9,900,000

    Land - NORTH PORT, FL

    Lot size:
    9.01 Acres
    Days on Market:
    194
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 4950 N Sumter Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PCDN
    APN
    0956143523
    Lot size
    9.01 Acres

    Building Details

    Architectural style
    Other

    Barnes & Phillips Real Estate, Inc (941) 743-4200 [email protected]

    Listing agent Wayne Rose (941) 743-4200 License #472928

    Listing date Jun 3, 2025

    MLS# C7490809 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Port Vacant Land

    This property consists of 9.01 acres of vacant land situated at the southeast quadrant of the intersection of I-75 and N Sumter Blvd in North Port, Florida. The land is adjacent to the proposed Sarasota Memorial Hospital on Tract A. A fifty-foot wide relocatable access easement to this property is available from Sumter Blvd. The current zoning is PCDN--Planned Community Development, allowing for many possible uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.200649
    Latitude
    27.097798

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    FAQs

    What type of property is this?
    Land - 9.01 acres of vacant land in North Port, Florida.
    Where is this land located?
    The property is located at 4950 N Sumter Blvd North Port, FL.
    What is the asking price?
    The asking price for this property is $9,900,000.
    What are key features of this property?
    This property features: - 9.01 acres of vacant land, ready for development.; - Located at the intersection of I-75 and N Sumter Blvd.; - Adjacent to the proposed Sarasota Memorial Hospital.
    (941) 743-4200
    Request Owner's contact information
    4950 N Sumter Blvd North Port, FL 34286
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    North Port, FL 34286
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4950 N Sumter Blvd North Port, FL 34286
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