34240 Co Rd Sorrento, FL 32776
This exceptional 9.33-acre property in Sorrento, Florida, presents a unique investment opportunity. Located at 34240 Co Rd 437, 32776, near the intersection of SR 44 and Plymouth Sorrento Rd, it boasts over 13,000 cars passing daily. The land enjoys a prime location across from established businesses such as Publix and CVS, and the gated community of Sorrento Hills. This area is experiencing significant growth fueled by the extension of the 429. Nearby developments include residential projects along SR 46 and the recently launched Sorrento Pines community. The property features approximately 590 feet of frontage and is zoned A-1-20 (Agriculture), offering potential for rezoning. An existing 1,051 square foot residential building is also on the site. This versatile land parcel is ideal for various development projects, capitalizing on the area's burgeoning growth and strategic location. The asking price is $2,250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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