0 Nestor Ct North Port, FL 34286
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.