13811 Fl-31 Punta Gorda, FL 33982

Property Details for 13811 Fl-31

Lot size

10.06 lot acres

Property type

Land

Description

This exceptional 10.06-acre commercial land parcel presents a prime development opportunity in the rapidly growing Babcock Ranch community in Punta Gorda, Florida. Located at 13811 FL-31, this cleared lot boasts 660 feet of direct frontage on State Road 31, providing unparalleled visibility and accessibility. The property is zoned CG (Commercial General), allowing for a wide range of development possibilities. Its strategic location directly at the main entrance to Babcock Ranch offers immediate exposure to over 19,000 residential homes currently under construction within the expansive 17,000-acre master-planned community. Babcock Ranch's development is approximately 20% complete, promising significant future growth and increased property value. The current annual average daily traffic (AADT) on SR-31 is approximately 13,000, and an ongoing expansion project will widen the road from two to four lanes, further enhancing accessibility and traffic flow. The property is conveniently located approximately 8 miles from I-75, providing easy access to major transportation routes. A warehouse tenant currently occupies the property on a month-to-month lease and can be removed on short notice. Seller financing is available with a 15% to 30% down payment and negotiable terms, making this an attractive investment opportunity. This property offers exceptional potential for significant return on investment. The asking price is $7,500,000.