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Property profile & analytics
OFF-MARKET
Land

0 Nestor Ct North Port, FL 34286

Property ID
Property summary
AI-generated overview

This exceptional 6.31-acre commercial land parcel in North Port, Florida, presents a unique investment opportunity. Located on Nestor Ct, Sarasota County, the property boasts 758 feet of frontage and is currently zoned AG. However, its strategic location directly across Toledo Blade Blvd from the planned Toledo Village development (DMF-23-274) – encompassing 520 multi-family units, 158 townhomes, and 201 single-family homes across 263 acres – suggests significant future development potential. The ongoing INF-23-184 utility extension project is bringing water and sewer lines to the property, further enhancing its appeal. The property's proximity to the planned Toledo Village Spine Rd, starting at the Tropicaire and Toledo Blade intersection, makes it ideally suited for a zoning change to accommodate uses such as a hotel, restaurant, convenience store, or gas station. The seller offers flexible terms: a five-year lease at $4,000 per month (tenant pays taxes), with 30% of lease payments applicable towards purchase

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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