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    OFF-MARKET
    Land

    7045 Tamiami Trl, Sarasota, FL 34243

    8.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.8-acre parcel presents a unique investment opportunity in Sarasota, Florida. Strategically located on the east side of US 41, off Magellan Road, this property boasts prime frontage and exceptional visibility. Its convenient proximity to Sarasota-Bradenton International Airport enhances its appeal. The land is zoned for dual development, offering flexibility for various projects. Parcel 1 is designated PDC (Planned Development Commercial) within Manatee County, while Parcel 2 is zoned RSF-3 (Residential Single Family), also in Manatee County. Existing water and sewer utilities are already in place, simplifying development plans. The site features level topography, eliminating costly grading requirements. Furthermore, the lot has a history of previous development, indicating established infrastructure and potential for streamlined permitting. This combination of desirable location, versatile zoning, and existing infrastructure makes this property an ideal choice for developers seeking a high-impact project in a thriving Florida market. The asking price is $3,500,000. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential.

    Property profile
    Verified
    Property type Land
    Lot 8.8 ac (383,328 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
    Current use
    Occupant on record · Public records
    • Perrone Construction Construction Company General Contractor
    • Nautilus Custom Homes Inc Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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