0 Town Center Pkwy Bradenton, FL 34202
This exceptional 7.14-acre commercial and industrial land parcel presents a rare development opportunity in the highly sought-after Lakewood Ranch, Florida. Located on Town Center Parkway with direct I-75 frontage, this site boasts an impressive 160,000 average daily traffic count, providing unparalleled visibility and accessibility. Currently zoned PD-MU, the property is fully entitled for a 250-room hotel development, eliminating lengthy permitting processes. Utilities are already on-site, making this a truly pad-ready location. The property is divided into two parcels: a northern parcel and a southern parcel, each available for individual purchase. The northern parcel is priced at $3.25 million, and the southern parcel is priced at $3.75 million. A significant discount is offered for the purchase of both parcels, totaling $5.5 million. The extension of Exchange Way will be a cost-shared project between the two lots/buyers, with an estimated cost of approximately $500,000. This presents an unparalleled opportunity to capitalize on the thriving Lakewood Ranch market and its proximity to University Town Center, Lakewood Ranch, and Waterside communities. The property's strategic location and comprehensive entitlements make it an ideal investment for hotel developers seeking a prime location with immediate development potential. The APN is 587919559. This is one of the last remaining development opportunities along this high-traffic corridor.
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
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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.