2540 University Parkway Sarasota, FL 34243

Listing agency LQ Commercial | Fort Myers Show Phone

Listed by Courtney Saksefski Show Phone

Source Thebrokerlist

Added: Feb 18 Updated: Jul 22 at 3:01AM Checked: Jul 22 at 3:01AM

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Investment Insights

Based on property information with market context.

The property is a high-traffic visibility development land site located at 2540 University Parkway in Sarasota, Florida. The parcel is zoned for RE-1 under the University Corridor Plan West, which allows OPI/PD and a range of office and institutional uses, including professional office, institutional senior living, assisted living community, and memory care. The seller is also willing to separately sell the front half of the parcel that is front-facing University Parkway (4.9 AC).

The site is positioned along Sarasota’s University Parkway corridor, with nearby retail and commercial activity. It is within 5 miles of The Mall at University Town Center and Interstate 75, and it neighbors power centers and national retailers.

This zoning and corridor location make the land suitable for prospective buyers looking for flexible development options within the permitted use framework under the University Corridor Plan West.

Key Highlights

• Vacant high‑traffic visibility site on University Parkway
• Zoned RE‑1, University Corridor Plan West, permitting OPI/PD, office professional, institutional senior living, assisted living, and memory care
• Seller will separately sell the 4.9 AC front half of the parcel fronting University Parkway

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FAQs

What type of property is this?

Commercial land - Vacant parcel with zoning permitting OPI/PD, professional office, and senior living uses, including assisted living and memory care.

Where is this commercial land located?

The property is located at 2540 University Parkway Sarasota, FL.

What is the asking price?

The asking price for this property is $5,200,000.

What are key features of this property?

This property features: Vacant high‑traffic visibility site on University Parkway; Zoned RE‑1, University Corridor Plan West, permitting OPI/PD, office professional, institutional senior living, assisted living, and memory care; Seller will separately sell the 4.9 AC front half of the parcel fronting University Parkway