9750 Bud Rhoden Rd Palmetto, FL 34221

Listing agency SVN | Commercial Advisory Group l***@r1a.com Show Phone

Listed by Larry Starr · License #SL3039111

Source Crexi

Added: Oct 1, 2022 Updated: Jul 6 at 7:52AM Checked: Jul 21 at 6:02AM

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Investment Insights

Based on property information with market context.

Located within unincorporated Manatee County, this development site is zoned Neighborhood Commercial - Medium (NC-M). NC-M zoning allows for an array of commercial uses with a maximum building square footage of 30,000 square feet. The goal of NC-M is to provide for retail uses, personal services, or small shopping centers to serve the neighboring residential properties. NC-M encourages mixed-use projects and residential components. Drive-throughs, restaurants, medical marijuana dispensaries, retail sales like shopping centers, clinics, offices (professional or medical), vehicle repairs, schools, and more are all permitted and allowable uses under NC-M. This parcel has a future land use of RES - 6 which allows for 6 units per acre or +/- 50 units. Manatee County does have affordable housing density bonuses that could increase the density to allow for 12 units per acre. This site could be a perfect development for townhomes, apartments, and residential houses as well. Additional acreage could be assembled.

Key Highlights

• Zoned Neighborhood Commercial - Medium (NC‑M) allowing diverse commercial uses up to 30,000 SF.
• Future Land Use of Res‑6 permits residential development of +/- 50 units.
• Potential for increased residential density to 12 units per acre via affordable housing density bonuses.

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FAQs

What type of property is this?

Commercial land - Unincorporated Manatee County development site zoned Neighborhood Commercial - Medium.

Where is this commercial land located?

The property is located at 9750 Bud Rhoden Rd Palmetto, FL.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: Zoned Neighborhood Commercial - Medium (NC‑M) allowing diverse commercial uses up to 30,000 SF.; Future Land Use of Res‑6 permits residential development of +/- 50 units.; Potential for increased residential density to 12 units per acre via affordable housing density bonuses.