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    Rio Limpio Ln Nokomis, FL 34275

    Sponsored
    For Lease
    Contact for pricing

    Retail/Medical/Office Development Opportunity

    Lot size:
    250,034 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, located at 0 Rio Limpio Lane in Sarasota County, presents a unique investment opportunity. Situated on the east side of State Road 681, just north of US 41, this property benefits from its strategic location at the entrance to the rapidly growing Legacy Trail Community, south of Palmer Ranch. The site offers flexible land options ranging from 1.12 to 5.74 acres, allowing for adaptable development plans to suit various needs. The surrounding area is experiencing significant residential expansion, with over 6,000 existing dwelling units and a population exceeding 15,000 residents, creating a robust and expanding market for commercial ventures. This high-demand location makes it ideal for retail, medical, or office development, providing excellent potential for strong returns on investment. The property's accessibility and proximity to major roadways ensure high visibility and convenient access for customers and employees. This is a rare chance to acquire land in a thriving area poised for continued growth, offering a compelling opportunity for long-term success. The property is zoned for commercial use and is available for purchase or ground lease. Detailed zoning information and development guidelines are available upon request.

    Property Features for 0 Rio Limpio Ln

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    250,034 SF

    Unit(s) available at that property

    Space
    Size
    250,034 SF

    HighLights

    • 1‑Acre to 6‑acre commercial land parcel in Sarasota County.
    • Single‑tenant opportunity.
    • Located on the east side of 681, north of US 41 in South Sarasota County.
    • Prime location at the entrance to Legacy Trail Community, south of Palmer Ranch.
    • High‑growth area with over 6,000 dwelling units and 15,000+ residents.
    • Suitable for retail, medical, or office development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nokomis
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4572475
    Latitude
    27.1599131

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    FAQs

    What type of property is this?
    Land - Retail/Medical/Office Development Opportunity
    Where is this land located?
    The property is located at Rio Limpio Ln Nokomis, FL.
    What are key features of this property?
    This property features: 1-Acre to 6-acre commercial land parcel in Sarasota County.; Single-tenant opportunity.; Located on the east side of 681, north of US 41 in South Sarasota County.
    Request Owner's contact information
    Rio Limpio Ln Nokomis, FL 34275
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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

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    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
    Rio Limpio Ln Nokomis, FL 34275
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