1120 Price Crk Way North Port, FL 34288
This exceptional 3.65-acre commercial land parcel, identified as Price Creek Parcel 7B, presents a remarkable development opportunity in North Port, Florida. Located at 1120 Price Creek Way, Sarasota County, zip code 34288, this property boasts a PCDN zoning designation, allowing for a variety of commercial uses. The site is strategically positioned adjacent to a Publix-anchored shopping center, ensuring high visibility and convenient access for potential businesses. With over 95% of the land buildable (per permit), the parcel offers significant developable area, free from known wetlands and featuring an existing stormwater retention pond. The surrounding area is experiencing substantial growth, with 224 new apartment units directly across the street, an Aldi under construction, a recently opened Firestone Auto Care, and a soon-to-open Wawa. Further development is planned, including 126 proposed apartment units at the corner of Price and Citizens Parkway and another 136 age-related units on Citizens Parkway. This prime location, coupled with existing infrastructure, makes this parcel ideal for build-to-suit projects, ground leases, or other retail developments. The high density of new residential units and established retail businesses creates a strong foundation for immediate success. Don't miss this chance to capitalize on the burgeoning growth in North Port.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.