Technical
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Property profile

2701 State Rte North Port, FL 34292

OFF-MARKET
Land
1.76 ac lot
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Property summary

AI-generated overview

This exceptional 1.76-acre commercial land parcel presents a unique investment opportunity in rapidly developing North Port, Florida. Strategically located at the intersection of I-75 and River Road, this property benefits from high visibility and convenient access to major transportation arteries. The site is zoned for Community Highway Interchange, allowing for a diverse range of commercial uses. Potential development options include hotels, automotive services, office spaces, retail establishments, restaurants (both full-service and fast food), and storage facilities. The property's prime location offers significant advantages, including proximity to the new Atlanta Braves spring training complex, accessible via the directly connecting River Road. Furthermore, it is adjacent to Caribbean Village, a 178-unit gated community developed by D.R. Horton, ensuring a substantial existing residential population base. The ongoing widening of River Road further enhances the property's accessibility and future value. This exceptional location, combined with the flexible zoning and high-growth potential of the area, makes this a truly compelling investment opportunity. The property is situated at 2701 State Rte 777, Venice, FL 34292, in Sarasota County.

Property profile

Verified
Property type Land
Lot 1.76 ac (76,666 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2701 State Rte North Port, FL 34292
North Port metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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