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Property profile & analytics
OFF-MARKET
Land

0 Town Center Pkwy Bradenton, FL 34202

7.14 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.14 ac (311,018 SF)
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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