Current Use by Public Records
- Land
Property Details for 0 Nestor Ct
- Property type
- Land
Description
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
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Port
- County
- Sarasota
- State
- Florida
- Longitude
- -82.1555
- Latitude
- 27.1122
